Oman News

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HIA welcomed 120 million passengers in less than four years since the beginning of its operations

Hamad International Airport (HIA) has welcomed 120 million passengers since the beginning of its operations in May 27th 2014 till the end of 2017. In 2017, Cargo observed an increase by 14.52%, with total of 1.9 million tonnes in handling. HIA successfully recovered its passenger numbers with an ave

TRAVELANDTOURWORLD.COM - 2018-01-16 17:29:12

MIDEAST STOCKS-Qatar rebounds sharply, major Gulf markets firm

* Qatar had tumbled on Monday after UAE alleged aviation incidents * Market resumed strong uptrend on Tuesday * Saudi Resources and Marketing ends lower after volatile trade * Dubai's Emirates NBD rises after Q4 earnings * Oman's Al Izz Islamic Bank surges after net loss narrows By Andrew Torch

REUTERS - 2018-01-16 14:24:18

Moody's: Oil is Iraq's blessing and its curse

Jan. 16 (UPI) -- Iraq is one of the few countries assessed where political risk is a real concern for an economy pegged heavily to the price for crude oil, Moody's said Tuesday Moody's Investors Service in an outlook published Tuesday on the economies of Egypt, Iraq, Jordan, Morocco and Tunisia said

UPI - 2018-01-16 14:02:05

Oman's Bank Sohar seeks $300 million in syndicated loan

Oman's Bank Sohar seeks $300 million in syndicated loan By Davide Barbuscia DUBAI, Jan 16 (Reuters) - Bank Sohar BKSB.OM , Oman's fourth largest bank by assets, is raising a $300 million, three-year syndicated loan with a margin of 2 percent a year over the London interbank offered rate (Libor), ban

INVESTING.COM - 2018-01-16 08:47:49

Oman Plans $1 Billion Infrastructure Fund

A detail of the Royal Opera House Muscat illuminated at night is shown in Muscat, Oman.Photographer: Ayesha Daya Oman's sovereign wealth fund is planning to start a $1 billion infrastructure fund to boost investment in projects including the Gulf state's road, transport and energy systems, according

BLOOMBERG - 2018-01-16 09:02:38

Tunisia national coach hopes training camp at Aspire will lead to World Cup triumph

Aspire Zone Foundation (AZF) organised on Monday a press conference for Nabil Maloul, Head Coach of the Tunisian national football team. He was joined by goalkeeper Aymen Mathlouthi, the team's captain, Aspire Zone's Chief Marketing Officer Mohammed Mubarak Al-Kuwari, and Mr. Ibrahim Hilal, Head of

QATARISBOOMING.COM - 2018-01-15 17:55:00

In Oman, an ancient mediation method gets a makeover

Ghala (Oman) (AFP) - Omani Mahmoud bin Yousef Temtemi found himself in a pastoral predicament this autumn -- his neighbour's flock of sheep had overrun his farm and gobbled up his crops, threatening his income. Rather than make a scene or turn to the police, Temtemi chose to raise his complaint in O


COLUMN-China's oil product export surge shows risks to OPEC's gains: Russell

(The opinions expressed here are those of the author, a columnist for Reuters.) * GRAPHIC: Asia refining margins vs. Oman crude futures: http://reut.rs/2D1q2LB LAUNCESTON, Australia, Jan 15 (Reuters) - The standout feature of China's crude oil and product trade data for December was the surge in exp


MIDEAST STOCKS-Progress towards settling corruption cases boosts Saudi

* Saudi bank investors welcome possible Binladin settlement * Kingdom Holding jumps on news Prince Alwaleed negotiating * Advanced Petrochemical falls after estimating 2017 profit drop * Qatar National Bank climbs before earnings announcement * Oman's Renaissance Services slides on widening loss


Iraq Joins U.A.E., Qatar in Call to Keep Oil Cuts

Iraq joined the United Arab Emirates, Qatar and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains. Output cuts by the Organization of Petroleum Exporting Countries and fellow producers have contributed


Why you should visit Oman, the lesser-known gem of the Middle East

When I told friends that I was going to Oman, the most frequent response I received was, "Wow you are going to love Petra!" "No, I'm not going to Petra" I would reply. "What.... you are going to Amman and not going to Petra?!" they'd ask, in shock. I know that I'm often accused of having a broad Aus


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Publicis Groupe's "Power Of One" Offering Prevails In McD's GCC Pitch

McDonald's has selected Publicis Groupe, including Leo Burnett as lead creative agency, to handle its consolidated account in the Gulf Cooperation Council (GCC) region that includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. This is the first time the fast food giant ha


Russia's Novak says to discuss possible exit from OPEC+ deal in Oman

MOSCOW (Reuters) - Ministers from leading OPEC and non-OPEC producers will discuss the possibility of a smooth exit from a global deal to cut oil output next week, Russia's energy minister said on Friday. Russia and Saudi Arabia are leading a joint OPEC and non-OPEC effort to limit production to pr


AFC U-23 Championship: Qatar sneak past Oman

A late strike in the first half was enough for Qatar to edge Oman in their AFC U-23 Championship match on Friday. The results sees the Qataris cement their place at the top of Group A with two wins from two games while Oman remain winless after losing their opener to China earlier this week. The mat


Gulf Crisis: caught between feuding states

When the United Arab Emirates, Saudi Arabia, Bahrain and Egypt suddenly broke-off diplomatic relations with Qatar in June 2017, the gang of four took unprecedented measures to isolate the Gulf state, its government, and its people. The measures were sudden and sweeping. Qatar's only land border was


Abu Dhabi: An Opulent City in an Affluent Nation

Men wearing dish-dashas in Abu Dhabi. I sit down in the lobby of the breathtakingly opulent Emirates Palace Hotel and am served a cup of cappuccino with chocolate swirls and 24-carat gold sprinkles on the creamy foam. Really. There's a curl of real gold on my chocolate petit-four. The wealth here is


Gulf OPEC producers plan to keep Q1 oil output below year-earlier level

ABU DHABI, Jan 12 (Reuters) - Gulf OPEC producers plan to keep their oil output in the first quarter of 2018 below the year-earlier level despite strong demand growth and a decline in global inventories, a senior OPEC source familiar with Gulf oil thinking said on Friday. "Gulf oil producers want t


AMADEE-18: Austrian astronauts to simulate 3D printing on Mars during Oman desert mission

Jan 12, 2018 | By Benedict Six astronauts from the Austrian Space Forum are going to Oman's Dhofar desert for four weeks to stay in isolation and carry out experiments, simulating a mission to Mars. 3D printing will play an important role in the experiments. Despite the use of advanced telescopes, i


AFC-U23 Championship: Uzbekistan edge China

Uzbekistan earned their first win of their AFC U-23 Championship campaign when the held on to defeat hosts China 1-0 in Changzhou on Friday. The win puts the visitors into contention for the knockout stage, while China, with their 3-0 opening win over Oman, are still in the mix. Uzbekistan, who had