Electricity production in Oman rose to more than 25.4 thousand gigawatts (GW), reflecting a 12.1 per cent increase, as of the end of September 2015, compared...
While lower oil prices will negatively affect Qatar's (Aa2 stable) government revenues, large financial assets provide a sizeable buffer, says Moody's Investors Service in a report...
Oman's trade balance during the first seven months of 2015 registered a surplus of OMR1,581.3 million, despite the decline of 31.7 per cent in exports during...
Engineering, procurement and construction (EPC) contracts for the $5 billion Liwa Plastic Industries Complex will be signed by the Oman Refineries and Petroleum Industries Company (Orpic)...
Expats in the Middle East enjoy the greatest standard of living globally. Almost three-quarters (72%) of expats in Oman saw an increase in their disposable income...
While banks in many countries have improved their capitalization and strengthened their balance sheets, risks -- including weakening asset quality in emerging markets -- could derail...
Bahwan Projects & Telecoms [BPT], one of the flagship companies of Suhail Bahwan Group, won the “Best Exhibitor Award” at the recently concluded Oman Geospatial Forum...
Bank Muscat, the flagship financial services provider in the Sultanate, as part of its ‘Let’s Do More’ vision and commitment to partnership in supporting youth to...
Petroleum Development Oman (PDO) has launched an industry-first investigation into the welfare of 30,000 employees in its contractor community.
The government has identified tourism as a sector with strong growth potential and a key source of jobs for Omani nationals, while a steady increase in...