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

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

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

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.


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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
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.
BankDhofar’s board approves hike in capital to $300 million
Stakeholders of the bank unanimously approved the options, subject to regulatory approvals, and authorised the Board of Directors to take action
Oman’s ratings reflect robust monetary system
The agency’s report, which was published by the end of 2014, said that the rating took into consideration the efforts made by the government to diversify sources of national economy
Forum to discuss World Trade Organisation rules and its impact on Gulf industries
Forum will be a suitable opportunity for representatives of the private sector and officials from institutions in charge of standards in the area of understanding and using WTO rules and mechanisms
National Bank of Oman’s Muzn Islamic Banking holds review meeting
Sharia Supervisory Board also reviewed the new Islamic financing product paper and concepts presented by the Muzn Islamic Banking team
National Bank of Oman's Muzn Islamic Banking opens new branch in Sohar
Sheikh Ali Bin Ahmed bin Mishari Al Shamsi, Wali of Sohar, launched the Muzn Islamic Banking branch at an inauguration ceremony
Fixed phones in Oman increase by 6.8 per cent in 2014
Subscribers of fixed phone service in the Sultanate stood at 375,196 at the end of 2014 against 351.411 subscribers at the end of 2013, constituting a rise of 6.8 per cent
27 new fuel filling stations opened in Oman last year
The three firms operating in fuel products marketing doubled their efforts to diversify their investments, increase their sales and enhance the size of their investments
BP Oman project to support 32 entrepreneurs
The programme aims to empower local entrepreneurs and SMEs sector as a part of BP Oman’s commitment to developing Oman’s In Country Value
Google unveils futuristic headquarters plan
New plan includes lush public gardens, looping covered bikeways and futuristic-looking buildings that can be moved about like toy blocks
VIDEO: BankDhofar shareholders to raise capital and other stories

Abu Dhabi developer Eagle Hills to invest $80 billion in Egypt
Project will be privately funded by an “investor developer” and possible international partners and will cost $75-$80 billion over 12 years, Ashraf Salman, Egypt’s minister of investment, said
US fourth quarter growth declines to 2.2 per cent
Gross domestic product rose at a 2.2 per cent annualised rate, down from an initial estimate of 2.6 per cent, Commerce Department figures showed on Friday

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Omani national under police custody in India
An Omani national and a Saudi national are under police custody for allegedly molesting an American woman in a five-star hotel in South Mumbai.
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.
Airlines cut fares to woo travellers from Oman in lean season
Airlines operating to and from Muscat have either slashed return fares or introduced special deals to destinations across Europe, Asia and the Middle East to woo travellers during the lean season
Oman weather: Rain witnessed in different parts of Muscat
Meanwhile, dust and sandstorm is predicted in Ibra, Madha, Yalooni , Zamiam, Duqm and Bidiyah
Ship with cattle sinks off Ras Al Hadd
Witnesses said that most of the cattle swam to the shore — a sight that left many amazed
Oman convention centre will add 24,000 new jobs
The work for the OCEC progressed on schedule in 2014 and as per the budget, and it continues on track for 2015.
Oman weather: Jabal Shams freezes at -5.5 Celsius
The Oman meteorological data reveals that on Friday evening, the temperature at Jabal Shams was -5.5 degree Celsius.
Iraq reopens national museum in Baghdad as IS razes artefacts in Mosul
The much-delayed reopening was brought forward in what officials said was a response to the destruction of priceless artefacts by IS group extremists in Mosul
WHO warns world against possible severe flu pandemic
World better prepared, but still highly vulnerable, flu viruses with pandemic potential could emerge anywhere as WHO urges all governments to step up vigilance
Prince William meets Japan's tsunami survivors; arrives in China on four-day charm offensive
Britain's Prince William on Sunday made a visit to port communities devastated by a huge tsunami that hit Japan in 2011, receiving origami paper cranes from survivors
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
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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
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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.
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Raids on expats in Oman for breach of job contract
Expats caught doing jobs not mentioned on their resident cards to be penalised
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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
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2014: Year of increased regulation on expats in Oman
It is apparent that the ban on female labour clearances has impacted heavily on the hospitality and tourism sector in particular
1 Comments
Fair wage rule on housemaids sparks debate in Oman
Employers are feeling the heat as the countries supplying maids have enacted stricter rules to protect their citizens and end exploitation
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
2014: Year of increased regulation on expats in Oman
It is apparent that the ban on female labour clearances has impacted heavily on the hospitality and tourism sector in particular
1 Comments
Fair wage rule on housemaids sparks debate in Oman
Employers are feeling the heat as the countries supplying maids have enacted stricter rules to protect their citizens and end exploitation
1 Comments




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