Thursday 24 April 2014
 
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Oman

Oman's population tops 4 million

Oman's population has almost doubled over the past decade and has now crossed the four million mark, a report quoting official statistics said. The total population of Oman had reached 4,000,345 as of April 2. Citizens constit

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Oman to award new hotels contracts soon

Oman is likely to soon award contracts for the construction of two hotels in the precinct of the planned Oman Convention and Exhibition Centre (OCEC), an official was quoted as saying. The five-star and four-star hotels are schedu

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Oman to award new hotels contracts soon

Oman is likely to soon award contracts for the construction of two hotels in the precinct of the planned Oman Convention and Exhibition Centre (OCEC), an official was quoted as saying. The five-star and four-star hotels are schedu

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Oman raises $530m in Omantel stake sale

Oman's government raised nearly 204 million rials ($530 million) from its sale of a 19 percent stake in Omantel, part of efforts to revive its privatisation programme, a Muscat bourse statement said on Wednesday. The governmen

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Oman to set up major antimony processing plant

A new Oman joint venture has been established to construct the world's largest antimony processing plant outside of China in the sultanate. Tri-Star Resources has entered into a shareholders agreement with the Oman Investment

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Oman expects 5pc growth with steady oil prices

Oman's economy should grow 4 to 5 percent this year, underpinned by stable oil prices and the billions of dollars spent on major projects in the past two years, the head of the country's central bank said on Tuesday. Oman

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National Bank of Oman Q1 profit up 20pc

National Bank of Oman reported a 20 percent rise in first-quarter net profit on Sunday, slightly above analyst estimates. The bank made a profit of 10.3 million rials ($26.75 million) in the first three months of 2014, up from 8.6

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Bank Muscat Q1 net profit jumps 59pc

Bank Muscat, Oman's largest lender, missed analysts' expectations despite posting on Wednesday a 59.1 percent jump in its first-quarter net profit, as it didn't repeat a one-off fraud provision that it was forced to make last year.

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Oman extends ban on expat workers

Oman has extended a ban on employing expatriate construction workers and housekeeping staff in the sultanate's private sector by another six months, a report said. The six-month ban was due to expire on May 1, the Times of Oma

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Oman extends ban on expat workers

Oman has extended a ban on employing expatriate construction workers and housekeeping staff in the sultanate's private sector by another six months, a report said. The six-month ban was due to expire on May 1, the Times of Oma

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