Category: News

Health Care
MENA healthcare spending to reach USD 144 billion by 2020

Healthcare spending in the Middle East and North Africa region is on its growth track to reach ~USD 144 billion by 2020, following enormous development witnessed over the last 10 years, according to estimates by Al Masah Capital. Crossing USD 95.8 billion in 2013, government spending in healthcare across the region tripled from just ~USD […]

Hyundai’s all-new Tucson & Creta arrive in Oman

The Third generation all-new Tucson offers a bold and athletic design, new technological features and class-leading driving performance. The new model is perfectly placed to build on the popularity of its predecessor, which has been one of Hyundai’s largest-selling models across the region and the volume leader in the compact SUV segment.

Banking & Finance
BM Head Office
Bank Muscat net profit touches RO 136. 2 million, board approves Q3 results

Bank Muscat, the flagship financial institution in the Sultanate, on Wednesday (28 October 2015) announced the Q3 financial results, approved by the board of directors. The bank posted a net profit of RO 136.2 million for the 9-month period ending 30 September 2015 compared to RO 126.7 million reported during the same period in 2014, an increase of 7.5 per cent.