Oman expanded its first issue of sovereign Islamic bonds, selling 25 percent more than originally planned due to strong demand, the finance ministry said in a statement on Tuesday.
A new report, Innovation in life sciences: An emerging markets perspective, by The Economist Intelligence Unit, commissioned by Dubai Science Park, was released on Tuesday identifying success factors in driving innovation in the life sciences industries of a diverse group of countries, from China and Brazil to Costa Rica.
CSR Oman 2015, a summit that brings together the Omani business community to debate and discuss the changing role of CSR, kicked off today, highlighting the need for greater cooperation and sustainability in Oman.
Oman will adjust to lower oil prices by using public private partnerships (PPP) and involving the private sector in a bid to boost economic growth, according to H.E. Dr. Ali Massoud Al Sunaidy, the Minister of Commerce & Industry, speaking at MEED’s Oman Projects Conference on 26 October.
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, hosted a forum on SME development in the oil and gas sector, with Raoul Restucci, Managing Director of Petroleum Development Oman, as the guest of honour.
At a time of uncertainty created by the precipitous fall in oil prices and oversupply, the International Energy Agency (IEA) said on Monday that prices could go up from mid-2016 with supplies tightening due to a drop in investment and falling US output.
Oil swung between gains and losses near the lowest closing price in almost four weeks as investors weighed a slowing pace of United States drilling-rig reductions against an interest rate cut in China.
Al Jenaibi International Automobiles, the official BMW Group importer in Oman, invited customers to the launch of the 6th generation BMW 7 Series, marking the occasion with an eventful evening at the iconic Royal Opera House in Muscat.
Frankfurt, Germany, is set to become one of the first destinations for Oman Air’s iconic new Boeing 787 Dreamliners when they enter service this autumn. Oman Air’s Chief Executive Officer, Paul Gregorowitsch, has announced that the aircraft will begin flying daily between Muscat and Frankfurt from October 25th 2015.