Credit losses and share of restructured loans are seen rising across the banking sector Dubai: Omani banks’ are likely to face further deterioration in asset quality in 2021 due to the lingering …
Oman state oil firm to sell assets to fund $7.9 billion spending
Energy company OQ SAOC plans to reduce its reliance on Oman’s strained finances by selling assets, issuing bonds and refinancing debt to fund a $7.9 billion spending plan over the next five years.
Iran’s Zarif backs Yemen ceasefire in talks with Houthi leader
Iran’s foreign minister met the Yemeni rebel spokesman in Oman on Wednesday, reiterating Tehran’s support for a ceasefire and a return to talks to end the country’s long conflict. Mohammad Javad Zarif …
Iran’s Zarif backs Yemen ceasefire in talks with Houthi leader
Iran’s foreign minister met the Yemeni rebel spokesman in Oman on Wednesday, reiterating Tehran’s support for a ceasefire and a return to talks to end the country’s long conflict. Mohammad Javad Zarif …
Oman on course to providing employment to all citizens
Minister: Omanis’ potential can be better utilised for skilled jobs Muscat: Ten per cent of jobs in Oman still occupied by expatriates in private and government sectors could possibly be taken over …
Oman Is Said to Mull Cement Stake Sale in Privatization Push
Oman is considering the sale of its stake in Oman Cement Co. SAOG, according to people with knowledge of the matter, as Gulf nations increasingly lean on state assets to bolster their finances.
Oman is said to explore cement stake sale in privatisation drive
Oman is considering the sale of its stake in Oman Cement Co. SAOG, according to people with knowledge of the matter, as Gulf nations increasingly lean on state assets to bolster their finances. The …
Kuwait, Iran join list of nations restricting flights from India
With Saturday’s move, the two west Asian countries joined as many as 10 others, including the United Kingdom, Singapore, Hong Kong, Canada, Oman and the United Arab Emirates to restrict travel from …
Kuwait, Iran join list of nations restricting flights from India
With Saturday’s move, the two west Asian countries joined as many as 10 others, including the United Kingdom, Singapore, Hong Kong, Canada, Oman and the United Arab Emirates to restrict travel from …
Ambassador wants Oman, Algeria economic exchange to improve
We are seeking to push it forward through mutually accepted approach, says Yarqi Muscat: Mohamed Yarqi, Ambassador of the People’s Democratic Republic of Algeria to Oman said that while Oman and …