Wednesday, November 21, 2018

Shell Oman launches #MyOman45 National Day Campaign

The Sultanate of Oman is gearing up to celebrate the 45th National Day, which will give the citizens and residents of the Sultanate an opportunity to express their pride and love for the nation and its great leader His Majesty Sultan Qaboos bin Said.
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Oman’s nominal GDP declines 14% in the first half of this...

Oman’s nominal gross domestic product fell 14.2 per cent to OMR13.552 billion from OMR15.791 billion for the same period last year as weak crude prices took a toll on the oil sector.
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Islamic finance growth to slow over low oil price: S&P

According to Standard and Poor's Ratings Services, the fast-growing Islamic finance industry is set to slow down next year over the sharp fall in oil revenues and rapid regulatory changes.
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New plant at SOHAR Freezone plans to top official Omanisation targets

Dunes Industries held a VIP ceremony this week to celebrate the opening of its new hot-dip galvanizing plant at SOHAR Freezone. His Excellency Dr Ahmed Mohammed Salem Al Futaisi, Minister of Transport and Communications, was the guest of honour at the event, with a ribbon cutting ceremony to declare the state-of-the-art facility open for business after a 12-month development phase.
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Ford launches the all-new 2016 Ford Explorer with smart technology

Introduced in 1990 as a 1991 model, Explorer featured generous interior space customers were looking for, and was engineered specifically for people seeking adventure for their families and a way to express their individuality.
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Oman Air’s first Dreamliner takes off for Salalah

Oman Air’s first Boeing 787 Dreamliner took off to the skies yesterday for its inaugural flight from Muscat to Salalah. The flight represented the first opportunity for Oman Air to showcase its iconic new aircraft.
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Bank Muscat celebrates role of women in development of nation

Bank Muscat, the flagship financial services provider in the Sultanate, in step with its ‘Let’s Do More’ vision and commitment to partnership in women empowerment initiatives, celebrated the Omani Women’s Day with a series of activities.
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Muscat bourse records fall in trading volume

Total trading volume on the Muscat Securities Market (MSM) in the first nine months of this year amounted to OMR946.5 million, a fall of 44.7 per cent from its level in the same period last year, which stood at OMR1.7 billion.
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Oman records lowest inflation in Gulf region

Oman recorded the lowest inflation rate at 0.07 per cent in August among Gulf Cooperation Council (GCC) states. The highest inflation rate was recorded in the United Arab Emirates at 4.94 per cent in August, against the same period last year.
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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.
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