Duqm woos foreign investment in fisheries
Upcoming integrated fishery project coming up in Duqm has opened up a wide array of investment opportunities, the head of the promotion department at SEZAD said

Sezad to launch new company
Oman Company for Duqm Development will handle commercial deals, bring investment, promote lease of land and provide approval requirements

Oman gearing up to attract global conferences at mega centre
Oman is now being seriously considered to host significant global conventions and congresses through strategic partnerships with AEG Ogden

ECB measures aimed at driving euro growth
ECB chief said it would go on a €1.14-trillion bond-buying spree to drive up inflation in the euro area


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Contract awarded to study privatisation of MEDC
Purpose of the study is to explore privatisation options and to assess the readiness of MEDC for privatisation
VIDEO: Oman encourages foreign investment in fishing sector and other top stories

Duqm woos foreign investment in fisheries
Upcoming integrated fishery project coming up in Duqm has opened up a wide array of investment opportunities, the head of the promotion department at SEZAD said
Fixed phone lines in Oman increase 5.7 per cent
Subscribers to fixed phone service stood at 371,357 at the end of November 2014 as against 351,411 at the end of December 2013, constituting a 5.7 per cent rise
Rolls-Royce sales grow 27 per cent in the Sultanate
The sole authorised dealership of Rolls-Royce vehicles in Oman witnessed strong growth throughout the year
Oman Development Bank aims at disbursing OMR64m loans this year
Oman Development Bank and Al Rafad Fund have also reached an agreement for cooperating in processing of loans of the latter agency
Suez subsidiary bags $37 million landfill contract
Sita Al Basheer has won a contract to design, build and operate the expansion of the landfill site for five years
Bank Dhofar considers various options for raising its capital
After on-going review of its capital raising plans, in their meeting on January 19, 2015, the board of directors of the bank concluded that the capital should be increased at the earliest opportunity
Central Bank of Oman launches new development bond issue
The size of the new issue is fixed at OMR200 million with a maturity period of 10 years and it will carry a coupon rate of 4.5 per cent per annum.
UK unveils award to attract Gulf-based retailers
Award seeks candidates who will benefit from a three-day programme of meetings with UK Trade & Investment specialist advisors and leading retail sector figures to help build their companies in the UK
VIDEO: Oman Development Bank targets 15 per cent growth and other top stories

Emerging markets rally on ECB’s stimulus move
Dollar-denominated RTS Index rose to the highest level in four weeks. An index of Hong Kong-traded Chinese mainland shares increased.
Official pegs Egypt’s chance of reaching FDI target at 80 per cent
Egypt is targeting $8 billion to $10 billion in outside investments during this fiscal year, up from $4.2 billion in 2014
Apple chief got twice his 2013 pay in 2014
Apple CEO’s package includes salary of $1.75 million and $6.7 million in non-equity incentive compensation for the fiscal year that ended in September, the company said in a filing with the SEC
Google planning to become wireless operator in the US
Google wants to offer service directly to consumers and will use Sprint’s wireless network, according to a person with knowledge of the matter.

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Agony of Salalah schoolgirl's suicide haunts parents
A father whose daughter committed suicide, tells Times of Oman that children should be brought up in such a way that they can face any situation and be prepared to handle adverse circumstances
Oman accidents: Expats victims’ bodies to be sent to India
Those who were injured in the accident, including the deceased couple’s son, are recovering
No change in driving licence regulation for expatriates in GCC, says Royal Oman Police official
Expatriates need to obtain a new driving licence in lieu of their current one once they move to another Gulf country
Series of earthquakes reported 133km north of Oman
The epicenter of the first earthquake was 28km north of Bandar Abbas, some 133km north of Khasab, Oman and the depth was 39.5km
Cruise ship passenger airlifted to hospital in Oman
A British national was flown to hospital by the Royal Air Force rescue helicopter after suffering a massive heart attack aboard a cruise ship
Will the company shoulder the flight ticket once you resign from the job? Oman legal expert answers
There is no point in asking for transportation allowance and laundry charges during leave as the employee does not incur such costs during vacations
Boko Haram kills 15 villagers in Nigerian city
Boko Haram fighters have killed 15 villagers near Maiduguri, the city which is the epicentre of the extremist group’s six-year insurgency
Thousands in Yemen rally against Houthis
Thousands of Yemenis took to the streets of Sanaa Saturday in the biggest protest yet against a Houthi militia takeover of the capital that has plunged the country into turmoil
Electronic school bags move by Oman's Majlis delights parents
An electronic school bag consisting of basically electronic books, will ensure that students do not have to carry any load and will thus save themselves from any spinal abnormalities associated with
Air India Express enhances baggage limit for Oman flights
The airline has also introduced promotional fares from Muscat to Kochi and Thiruvananthapuram. Air India Express currently operates weekly 19 flights from Muscat to Kerala and Mangalore daily
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Expats and experts convince Royal Oman Police to do U-turn on traffic fine plan
Earlier an official at ROP had confirmed to Times of Oman that its new policy meant that expatriates leaving Oman on business or vacation, or for good, had to settle their unpaid traffic fines
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Weather update: Rescue services fume as rain warnings ignored in Oman
Despite the warnings, both Royal Oman Police and PACDA were besieged with calls
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Expats and experts convince Royal Oman Police to do U-turn on traffic fine plan
Earlier an official at ROP had confirmed to Times of Oman that its new policy meant that expatriates leaving Oman on business or vacation, or for good, had to settle their unpaid traffic fines
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Weather update: Rescue services fume as rain warnings ignored in Oman
Despite the warnings, both Royal Oman Police and PACDA were besieged with calls
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Air India Express enhances baggage limit for Oman flights
The airline has also introduced promotional fares from Muscat to Kochi and Thiruvananthapuram. Air India Express currently operates weekly 19 flights from Muscat to Kerala and Mangalore daily
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Omani female students better than males in honing skills
Omani female students are far ahead of their male counterparts in learning and acquiring skills, said an English Language Teaching consultant
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Shelter from the storm of abuse for women in Oman
With cases of domestic violence against women on the rise, the Ministry of Social Development has opened a facility for abused women
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Persons of Indian Origin to get life-long visas
Persons of Indian Origin can enjoy the same privileges as Overseas Citizenship of India
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Oman's Parakh wins top Indian honour
Based in Oman for the last 36 years, Parakh has been involved in various social and philanthropic activities.
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Oman outspends Dubai in 2015 budget
Oman’s population is almost twice the size of Dubai, but it is spending almost twice as much per head than the emirate
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11 killed in Paris shooting at newspaper office
Black-hooded gunmen shot dead at least 11 people at the Paris offices of the satirical newspaper Charlie Hebdo, a publication firebombed in the past after publishing cartoons lampooning Muslim leaders
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