Qatar’s Commercial Bank COMB.QA said on Thursday it has made an offer to buy an additional stake of 15.2% stake in National Bank of Oman NBOB.OM for 49.4 million rials ($128 million). The deal will …
Qatar’s Commercial Bank to up stake in National Bank of Oman to 50.1%
Qatar’s Commercial Bank COMB.QA said on Thursday it has made an offer to buy an additional stake of 15.2% stake in National Bank of Oman NBOB.OM for 49.4 million rials ($128 million). The deal will …
Oman says expat workforce fell by 200,000 in year to March
DUBAI- More than 200,000 foreign workers left Oman between March 2020 and March this year, the ministry of finance said on Wednesday, a week after protests over unemployment erupted in several cities …
Iran’s largest warship catches fire, sinks in Gulf of Oman
The largest warship in the Iranian navy caught fire and later sank Wednesday in the Gulf of Oman under unclear circumstances, the latest calamity to strike one of the country’s vessels in recent years …
Iran’s biggest warship sinks in Gulf of Oman after huge fire
Iran’s largest navy warship sank in the Gulf of Oman Wednesday after firefighters were unable to contain a huge fire which swept through the vessel, the country’s media reported. Around 400 troops …
Biggest ship in Iran’s navy catches fire and sinks under unclear circumstances, semiofficial Iranian news agencies say
Circumstances surrounding the blaze on the support ship Kharg were unclear, semiofficial news agencies said. It went down in the Gulf of Oman, near the Strait of Hormuz.
Officials investigating why Iran warship caught fire and sank in Gulf of Oman
The Kharg, the Iranian navy’s largest vessel, went down in the strait of Hormuz just after dawn on Wednesday …
One of the biggest ships in Iran’s naval fleet sinks after fire
One of the largest ships in Iran’s naval fleet caught on fire and sank into the Gulf of Oman, according to media reports in the country.
Investors forgiving, considers social factors as Oman’s austerity drive hits bumps
Oman may be rowing back on an austerity plan to fix its shaky finances in the face of protests over unemployment but investors are cutting the Gulf state’s …
A new vision can help Oman with its accumulated problems
Nevertheless, the unemployment rate increased in most of the GCC states for two main reasons – the pandemic, of course, and the subsequent collapse of oil prices, which created new complications for …