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Tag: Oman

Posted on October 22, 2020

Weak demand hits Oman’s $2 bln bond sale amid US political headwinds

Oman’s new $2 billion bond disappointed on Thursday, with demand hit by worries about the country’s worsening credit trajectory and wider market jitters ahead of the US elections on November 3. For …

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Posted on October 22, 2020

COVID-19: Oman to reopen schools on November 1

Muscat: The Supreme Committee confirmed its decision about the start of the academic year for all schools in Oman on Sunday 1 November, and on the conclusion of a partial curfew at 5am on Saturday …

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Posted on October 22, 2020

Oman discusses replacing foreigners with locals in government companies – ONA

Oman’s labour minister discussed plans for replacing foreign workers with Omani workers in government-run companies on Wednesday, state news agency ONA said.

( read original story …)



Posted on October 21, 2020

Fraudsters ‘impersonated BP and Total’ to obtain finance, Singapore court rules

Fraudulent commodities traders impersonated oil majors BP and Total in order to obtain financing from the National Bank of Oman (NBO), according to a first-of-its-kind ruling in Singapore’s High Court …

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Posted on October 21, 2020

Fraudsters ‘impersonated BP and Total’ to obtain finance, Singapore court rules

Fraudulent commodities traders impersonated oil majors BP and Total in order to obtain financing from the National Bank of Oman (NBO), according to a first-of-its-kind ruling in Singapore’s High Court …

( read original story …)



Posted on October 21, 2020

Oman discusses plans for replacing expats with locals in government firms

Oman’s labor minister discussed plans for replacing foreign workers with Omani workers in government-run companies on Wednesday, state-owned Oman News Agency (ONA) said. The minister discussed the …

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Posted on October 21, 2020

Oman Dangles Bailout Card to Win Over Investors for Bonds

As Oman wades back into the international debt market after more than a year, it’s seeking to boost investor confidence by raising the possibility of assistance from its Gulf neighbors.

( read original story …)



Posted on October 21, 2020

Oman Dangles Bailout Card to Win Over Investors for Bonds

As Oman wades back into the international debt market after more than a year, it’s seeking to boost investor confidence by raising the possibility of assistance from its Gulf neighbors.

( read original story …)



Posted on October 21, 2020

Oman starts marketing two-part dollar bond issuance

DUBAI — Oman has started marketing a two-part U.S. dollar bond issuance comprising seven- and 12-year bonds, according to a document seen by Reuters, in the Gulf state’s first international …

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Posted on October 21, 2020

UN General Assembly: World needs countries like Oman

Muscat: The President of the United Nations General Assembly (UNGA), Volkan Bozkir praised Oman’s foreign policy, and said that its political ideals are based on mutual-respect. He said Oman is …

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