Three months ago, Franklin Templeton’s Gulf Arab bond fund hunkered down for U.S. election volatility by seeking refuge in cash and only the highest-rated debt.
COVID-19 in GCC: 18 die in Saudi Arabia, 11 in Oman, 5 in Kuwait
The Saudi Ministry of Health registered 450 new cases of COVID-19, raising the total number of confirmed infections in the kingdom to 349,386. Image Credit: AFP Dubai: The tally of COVID-19 cases in …
Oman: Ministry of Labour introduces online service for expatriate work force
Muscat: The Oman Ministry of Labour announced yesterday that a new electronic service has been launched to register the work contracts for non-Omani manpower. The service which started on 3 …
COVID-19: Oman Airports gets 5-star rating from British Safety Council
Muscat: British Safety Council’s Occupational Health and Safety Audit has given a five-star grading to Oman Airports. This accreditation is a recognition of all the COVID-19 measures that Oman …
Qatari envoy presents credentials in Oman
Sultan Haitham bin Tarik of Oman received the credentials of HE Sheikh Jassim bin Abdulrahman al-Thani as Qatar’s ambassador extraordinary and plenipotentiary to Oman.
Duqm Refinery and Petrochemical Industries Company LLC (DRPIC) Selects Univation’s UNIPOL™ PE Technology for New Polyethylene Project in Oman
Duqm Refinery and Petrochemical Industries Company LLC (DRPIC) has selected Univation Technologies’ UNIPOL™ PE Process for a 480,000 TPY line to be built at the strategically located DRPIC …
Oman’s first major green hydrogen project proposed in Suhar
Sohar Port and Freezone has outlined ambitions to set up the country’s first industrial-scale green hydrogen plant at the industrial port on Oman’s Batinah coast. The proposed …
Oman to Break Gulf’s Income Tax Taboo to Curb Deficit
Cash-strapped Oman plans to take a step unheard of in the Persian Gulf region: It’s going to start taxing the income of wealthy individuals beginning in 2022, as part of a broader program to tackle a …
Nigerian lady trafficked to Oman begs FG for rescue
A 28-year-old Nigerian, Miss Kemi Najeeb who hails from Ikire town in Osun State has appealed to the Nigerian government to come to her r …
Over 75% of visitors to Oman show Covid-19 symptoms within 7 days
All travellers to Oman will be required to undergo a Covid-19 test seven days after their arrival into the country.