Category: News



Industry
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Boeing celebrates delivery of Oman Air’s first 787 dreamliner

The Boeing 787 Dreamliner is an all-new, super-efficient family of commercial airplanes that brings big-jet ranges and speed to the middle of the market. In response to airlines’ overwhelming preference, Boeing designed the 787 family with superior efficiency, which allows airlines to profitably open new routes to fly people directly where they’d like to go in exceptional comfort.

Hospitality
11October2015 Maisarah signs an agreement with Shaza Oman to finance 5-star hotel project in Muscat
Maisarah to finance 5-star hotel project in Muscat

Part of its strategic growth plan and continuous efforts to finance large-scale projects across the Sultanate, Maisarah Islamic Banking Services signed an agreement with Shaza Oman to finance the construction of its flagship 5-star hotel in Muscat.

Interviews
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AbdulAziz Al Balushi speaks on merger of Ominvest & ONIC

The merger of Ominvest and ONIC Holding has created the largest publicly traded investment company in Oman. AbdulAziz Al Balushi, CEO, Ominvest shares details about the idea, process, advantages and future of the merged entity in his first media interview after the formalisation of the merger. Mayank Singh reports.

News
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Most Trusted Brands in Oman

The importance of building a reputable and trusted brand can hardly be overstated. While numerous brands enter the market every year, the ones that capture a customer’s attention and confidence end up winning their trust. A customer judges a brand on multiple parameters like quality, service, pricing and desirability, and only those products that can […]

News
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How is Oman going to cover up the deficit?

Paying for ongoing programmes and initiatives represents a key long-term challenge for Oman. But the Sultanate has a wide range of revenue boosting measures to cover the deficit. In the first quarter of 2015, Oman’s Central Bank announced that it was in the midst of finalising a plan to issue RO200mn worth of sovereign sukuk, or Islamic […]

News
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Impact of low oil prices on construction sector

On the face of it, Oman’s construction industry has been adept at negotiating a weak oil price. But it is going through a steep learning curve where there is no dearth of new challenges such as payment delays and shortage of workers. A. Harikumar examines if the sector is getting equipped to convert such imponderables […]

ALL ROUND IMPROVEMENT

David Aziz, CEO, Automotive Products, MHD hopes that the company’s offerings will continue to attract customers irrespective of the macroeconomic scenario.

SUSTAINED GROWTH

Innovative products and services are the means of growth for the financial services sector, says Tonny George Alexander, CEO of Oman UAE Exchange.