Category: News

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.

Emerging markets gain ground in life sciences innovation

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.

Oman Projects Forum Day One
Oman turns to private sector to boost future growth

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.