Oman’s consumer inflation in February rose by 2.38 per cent year-on-year, mainly due to a 9.33 per cent price hike in the transport sub-segment and a 2.05 per cent rise in the housing, water, electricity, gas and other fuel sub-sector. The foods and non-alcoholic beverages sub-segment logged a price decline of 0.10 per cent, while […]
Oman Air has announced that a new Boeing B737-800 aircraft has joined its fleet on March 15. This new aircraft will be used on short and medium haul routes and has a capacity of 162 seats, with 12 Business class seats of seat pitch 46 inches and 150 Economy class seats with seat pitch 30 inches. […]
National Bank of Oman (NBO) will be hosting the Sultanate’s first ever ‘Hackathon’ to support the country’s talented innovators and tech-savvy community. Participants from universities, organizations and international startup firms will compete to produce the next big technological idea that will shape the way banks serve customers across the country. The Hackathon will take place […]
Oman’s Salalah Methanol Co. has asked banks for a $720 million syndicated loan that the state-run petrochemical company would use for a new ammonia plant and refinancing purposes, banking sources said. Bank Dhofar and Standard Chartered are advising the company on the financing, which is expected to have a 12-year maturity. Banks are expected to […]
Nissan has set the Guinness World Records title for the fastest drift using the specially tuned MY16 Nissan GT-R by entering a drift at a speed of 304.96 km/hr. Watch the full video here.
The Lord Mayor of the City of London, Jeffrey Mountevans, recently visited Oman. The major focus of the visit was to strengthen the UK’s relationship with Oman. Click to view an excerpt of Lord Mayor’s interview.
Spearheading a new era in hybrid technology across the Middle East, Saud Bahwan Group launched Toyota Prius in Oman. Watch the full video of Toyota Prius launch.
Shell has announced its fifth Gift to The Nation during a ceremony held recently at the Grand Hyatt in Muscat. Watch the video.
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Al Qurum Jewellery, the official partner of Patek Philippe in Oman, opened its newly revamped boutique for the world renowned Swiss watchmaker at the Opera Galleria, Royal Opera House Muscat after an extensive expansion and renovation programme. “Patek Philippe has held a strong and enduring bond with Al Qurum Jewellery dating back more than a […]