Darwish bin Ismail Al Balushi, Minister Responsible for Financial Affairs said the government decision to amend the fuel prices will come into effect from January 15, 2016.
The Atana Musandam Resort was awarded for its best practice credentials, safety initiatives, use of innovative construction techniques and technology in the hospitality sector within both Oman and the region.
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Thomson Reuters, the world’s leading source of business and financial information, are all set to launch ‘Meethaq BusinessPulse’, an innovative information portal targeted to promote small and medium enterprise (SME) development in Oman.
GENETCO was awarded the prestigious Canon Presidential Award for overall growth and performance, a competition evaluated among 46 countries in the region.
Confronting a drop in oil prices and mounting regional turmoil, Saudi Arabia reduced energy subsidies and allocated the biggest part of government spending in next year’s budget to defence and security.
Hyundai Motor’s Genesis and Tucson have been recognised by the Insurance Institute for Highway Safety’s (IIHS) 2016 Top Safety Pick+ awards. This prestigious awards body helps consumers select vehicles that offer the highest level of crash protection by conducting extensive testing and awarding those which are worthy.
The Environment Society of Oman (ESO) successfully tagged three Arabian Sea humpback whales in the Gulf of Masirah as part of a survey to better understand the ecology of this endangered species.
Bahwan Building Materials LLC, one of the flagship companies under the Suhail Bahwan Group, opened its fully renovated showroom in Sohar with a whole range of new products.
Omantel, the leading telecommunications provider in the Sultanate of Oman, announced the launch of Session Initiation Protocol (SIP) Trunking service for its corporate customers enabling a large number of enterprises to benefit from the Internet protocol and value added services provided by SIP.
Saudi Arabian government said it has set 2016 revenue targets at 513 billion riyals, while spending may reach 840 billion riyals, according to a decree read out on state television.