OMR153m investment for rural power expansions in Oman
This was the assured capital expenditure between 2015 and 2017 under a business plan, which is under implementation now, Rural Areas Electricity Company chief executive officer said on Monday

Kunooz group gets regulator’s exemption to dilute 25 per cent stake
Kunooz Oman, owned by Al Rawas family business group, is a diversified business group with interests in several fields

Draft law to bring down minimum capital dilution for family-owned firms ready
This move, aimed at encouraging family-owned companies to go public, is part of a major amendment in the Commercial Law

Annual meet of electrical contractors, suppliers on March 9
The meeting, themed ‘Sustainability of performance quality standards,’ is an annual event with companies operating in the power sector


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VIDEO: Digital meters to protect electrical networks to be made in Oman and other top stories

Singapore is word’s costliest city
The island nation beat Paris, Oslo, Zurich and Sydney, which also retained their spots in the ranking
India’s mobile carriers head into $14b survival fight
Government will open the bidding on Wednesday for airwaves already in use by the biggest carriers, including Bharti Airtel and Vodafone
Oman share index ends lower
The top gainer of the day was Al Anwar Holding, up by 2.90 per cent, while National Gas, down by 8.23 per cent, was the top loser of the day.
India's Sensex gains 97 points on Budget cheer, rupee weakens
The BSE Sensex resumed firm at 29,533.42 and fluctuated between a high of 29,576.32 and a low of 29,259.77 before concluding at 29,459.14 — a smart rise of 97.64 points or 0.33 per cent
Oil price slide could affect Gulf banking system, says S&P
Banks in Bahrain and Oman are vulnerable indirectly through the potential drop in investments and economic growth, the agency said
Ithraa discusses Omani products exhibition, work plan
The management informed the board of Ithraa’s recent inward investment and export promotion activities
Mobile industry tiptoes towards 5G
Of course, 5G promises to do a lot more of everything users are just coming to expect from 4G in terms of watching video, faster download times and denser network coverage
Regulator to reduce time for filing company results
Deadline to submit financial results by listed companies will be shortened to two weeks from the last day of each quarter, which is against a mandatory period of 30 days
Award to encourage best corporate governance
The award will be given to three companies each from banking and investment sector, industrial sector and services and insurance sector
Oman’s first sovereign sukuk by mid-2015, says CBO chief
A OMR200 million ($520 million) issue has been planned by mid-2015 to help finance a budget deficit caused by the plunge of oil prices
Oman share index advances
Top gainer of the day was Global Financial Investment, up by 2.85 per cent, while National Gas, down by 6.25 per cent, was the top loser of the day.
National Detergent sales revenue rises
Company posted sales revenue of OMR23.38 million for the year ended 2014 compared to OMR21.70 million in 2013, registering a positive growth
Dubai’s Daman Investments plans share sale in few weeks
Daman is in the final stages of obtaining regulatory approvals for the sale of a 55 per cent stake, Chairman Shehab Gargash said in an interview in Abu Dhabi on Sunday
One in 10 bankers scraps bid for top UK job
People put forward for chief executive, chairman and for a handful of other senior roles in banking now face a more gruelling interview by British financial watchdogs.

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Oman airport imposes new flight tax on passengers
With new aircraft landing tariff and passenger charges coming into effect from Monday, airlines using Muscat and Salalah airports would pass on the burden to travellers
Oman crime: Six arrested for theft, looting in Barka, Awabi
A Royal Oman Police (ROP) official said the accused came from Suwaiq wilayat to Awabi at night wearing gloves and masks and committed theft in the market
Bangladeshi expatriates face passport deadline in Oman
Global regulator International Civil Aviation Organisation (ICAO) decided that travellers and expatriates from all countries must have machine readable passports by November 2015
Can an employer in Oman downgrade an employee from managerial position due to poor performance? Our legal expert answers
If the employee fails to deliver on his/her assigned tasks and no improvement is shown despite repeated warnings and reminders, the employer has the option to dismiss the employee
Omani students at Ajman university shocked at ban
The decision, taken on Thursday last week, means students from the Sultanate are banned from studying at AUST starting from the next academic year.
Airport tax to pour millions into Oman government coffers
Passengers are already paying the additional tax on arriving at the airport
3D Video: Royal Oman Police to raise awareness through videos
A 2.41 minute promo of the upcoming serials in the 3D format is already posted on social media and has been watched by over 33,500 viewers.
Oman traffic: Call to cut intake of students at Indian schools in Darsait
Indian schools in and around Darsait area will be told to put a cap on intake of new admissions to ease traffic congestion, said a source from the Muscat Municipality.
Omani to be produced in Indian court
An Omani and a Saudi national in the custody of Indian police for allegedly molesting an American woman in a five-star hotel in Mumbai will be produced in the court on Monday at 9:30 Oman time
Omani national remanded to jail custody in India
The two accused have been booked under Sections 354, 354A, 354B, 452 and 34 of the Indian Penal Code for molestation.
Expat labour rules begin to bite in Oman
There is no let up planned on the need for expatriates to get an NOC to switch jobs, says the Royal Oman Police
4 Comments
Family visa restrictions not fair, says Oman Chamber of Commerce and Industry member
According to an OCCI member, the choice should be left to the expats. He should decide whether he can cover his family’s daily needs and provide proper resident for them.
3 Comments
UK embassy to probe Omani girls’ detention at Stansted airport in Britain
Officials at the British embassy in Oman have pledged to investigate the reported detention and deportation of four Omani girls in the UK
2 Comments
Omran’s subsidiaries set to boost tourism in Oman
The three subsidiaries will help Omran position itself as a major investor, master developer and manager of tourism related projects
1 Comments
Omani to be produced in Indian court
An Omani and a Saudi national in the custody of Indian police for allegedly molesting an American woman in a five-star hotel in Mumbai will be produced in the court on Monday at 9:30 Oman time
1 Comments
Air India Express to add new flights from Oman
Air India Express is deploying new economy class 189-seater aircraft and is increasing destinations from India to Southeast Asia and the Gulf countries, including Muscat.
1 Comments
Cricket: Shenwari gives Afghanistan first World Cup win over Scotland
Scotland's innings was one of fits and starts as they lost wickets in bunches, consolidated with promising partnerships, only to again lose batsmen in quick succession
1 Comments
Movie review: Badlapur - A rare revenge thriller
The first half starts with a bang and you are not given any breather as you are thrown right into the crux of the story.
1 Comments
Raids on expats in Oman for breach of job contract
Expats caught doing jobs not mentioned on their resident cards to be penalised
1 Comments
UANOC approves formation of Arab Sports Council
The 33rd meeting of the UANOC Executive Office also decided to study Egypt’s request to host the Arab Games, to establish the Arab Sports Capital and to support the use of hijab by Muslim sportswomen
1 Comments
Omani to be produced in Indian court
An Omani and a Saudi national in the custody of Indian police for allegedly molesting an American woman in a five-star hotel in Mumbai will be produced in the court on Monday at 9:30 Oman time
1 Comments
Omran’s subsidiaries set to boost tourism in Oman
The three subsidiaries will help Omran position itself as a major investor, master developer and manager of tourism related projects
1 Comments
Air India Express to add new flights from Oman
Air India Express is deploying new economy class 189-seater aircraft and is increasing destinations from India to Southeast Asia and the Gulf countries, including Muscat.
1 Comments
Raids on expats in Oman for breach of job contract
Expats caught doing jobs not mentioned on their resident cards to be penalised
1 Comments
Movie review: Badlapur - A rare revenge thriller
The first half starts with a bang and you are not given any breather as you are thrown right into the crux of the story.
1 Comments
UANOC approves formation of Arab Sports Council
The 33rd meeting of the UANOC Executive Office also decided to study Egypt’s request to host the Arab Games, to establish the Arab Sports Capital and to support the use of hijab by Muslim sportswomen
1 Comments
Cricket: Shenwari gives Afghanistan first World Cup win over Scotland
Scotland's innings was one of fits and starts as they lost wickets in bunches, consolidated with promising partnerships, only to again lose batsmen in quick succession
1 Comments
Family visa restrictions not fair, says Oman Chamber of Commerce and Industry member
According to an OCCI member, the choice should be left to the expats. He should decide whether he can cover his family’s daily needs and provide proper resident for them.
3 Comments
Expat labour rules begin to bite in Oman
There is no let up planned on the need for expatriates to get an NOC to switch jobs, says the Royal Oman Police
4 Comments
UK embassy to probe Omani girls’ detention at Stansted airport in Britain
Officials at the British embassy in Oman have pledged to investigate the reported detention and deportation of four Omani girls in the UK
2 Comments




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