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Posted on August 19, 2020

Stakes Rising in Oman for Regional Financial Aid

Potential assistance for Oman from wealthier neighbors in the Gulf may not be quite the turning point it was for Bahrain two years ago.Oman’s bondholders are hoping it obtains a similar lifeline, and …

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Posted on August 19, 2020

Sultan of Oman names new foreign, finance ministers in government reshuffle

Also on Tuesday, Sultan bin Salem bin Saeed al-Habsi was named Oman’s finance minister. Two female ministers were added, bringing the total number of women in the Cabinet to five, reports The National …

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Posted on August 19, 2020

Oman’s sultan names new foreign minister in government reshuffle

Sultan Haitham, since his accession in January, has vowed to maintain Oman’s policy of neutrality and non-interference. Badr Albusaidi, 60, was named foreign minister, a title held by the late Sultan …

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Posted on August 19, 2020

Badr Albusaidi picked as Oman’s new foreign minister

Sultan Haitham of Oman on Tuesday appointed a new top diplomat, replacing the long-serving Yusuf bin Alawi bin Abdullah in a government reshuffle. Sultan Haitham, since his accession in January, has …

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Posted on August 18, 2020

In a first, Oman’s sultan names foreign, finance ministers

For finance minister, Sultan Haitham named Sultan … Oman remains a key interlocutor between the West and Iran, as well as Yemen’s Houthi rebels, assisting in getting prisoners released in …

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Posted on August 18, 2020

Fitch downgrades Oman for second time in 2020 on fiscal woes

Oman received its second downgrade this year from Fitch Ratings, a decision it said reflects the continued erosion of the country’s fiscal and external balance sheets. Fitch lowered Oman’s sovereign …

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Posted on August 18, 2020

Is Oman next in line to normalize relations with Israel?

On the backdrop of the recent agreement between Israel and the United Arab Emirates, Israel’s Foreign Minister Gabi Ashkenazi and Oman Foreign Minister Yusuf bin Alawi bin Abdullah discussed on the …

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Posted on August 17, 2020

Fitch Follows Moody’s by Downgrading Oman Deeper Into Junk Again

Oman received its second downgrade this year from Fitch Ratings because of what it called the “continued erosion” of the country’s fiscal and external balance sheets.Fitch lowered Oman’s sovereign …

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Posted on August 17, 2020

Oman Downgraded by Fitch for Second Time in 2020 on Fiscal Woes

Oman received its second downgrade this year from Fitch Ratings, a decision it said reflects the “continued erosion” of the country’s fiscal and external balance sheets.Fitch lowered Oman’s sovereign …

( read original story …)



Posted on August 17, 2020

Indian exporters to scout for more orders from Oman in B2B virtual meet

Medical & surgical equipment, ceramics, construction & building material, agriculture, electrical machinery are the focus sectors …

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