May 21st, 2019 | 0 commentsIn an interview with Muscat Daily, Abdul Karim Zahran al Hinai, assistant general manager – head of alternative channels at National Bank of Oman (NBO) spoke about the usage of new digital tools to promote and achieve financial inclusion in Oman. He said NBO has various initiatives in place to promote the usage of its mobile app and Inter...
May 21st, 2019 | 0 commentsAl Madina Real Estate Company, one of the largest property developers in Oman, is planning to start construction work for the first phase of its proposed US$1bn integrated tourism complex (ITC) project in Quriyat in next one or two months, according to a senior official of the company. Speaking to Muscat Daily about their new projects, En...
May 21st, 2019 | 0 commentsHis Excellency Yousuf bin Alawi, Minister Responsible for Foreign Affairs, met Iranian Minister of Foreign Affairs Mohammad Javad Zarif on Sunday, May 19. According to a statement issued by Oman's Ministry of Foreign Affairs, "His Excellency Yousuf bin Alawi met the Minister of Foreign Affairs of the Islamic Republic of Iran, H. E Mohamma...
May 21st, 2019 | 0 commentsHis Majesty Sultan Qaboos bin Said yesterday issued four Royal decrees as follows: Royal Decree No.43/2019 on the appointment of a Secretary General for the Ministry of Finance. Article (1) appoints Nasser bin Khamis bin Ali al- Jashmi as Secretary General for the Ministry of Finance with a Minister’s grade. Article (2) says that this dec...
May 21st, 2019 | 0 commentsThe Majlis Ash’shura Economic and Financial Committee and Legislative and Legal Committee on Monday held a joint meeting during which they discussed a report prepared by the two committees regarding the draft Foreign Direct Investment Law which was referred by the government. The meeting was chaired by Dr Salih bin Said Masan, Chairman of...
May 21st, 2019 | 0 commentsRescue operations for people trapped in flood waters caused by torrential rains continued for the second consecutive day on Monday. The Royal Oman Police (ROP) Aviation through a new technology — Night Endoscopes also known as Night Vision System (NVG) — conducted six rescue operations in flooded wadis. Four people were rescued and airlif...
May 21st, 2019 | 0 commentsThe Omani government’s allocation of subsidy to the electricity sector soared 23 per cent to RO 536.29 million in 2018, Nama Group — the holding company of state-owned power sector subsidiaries — announced here yesterday. Nama Group CEO Omar al Wahaibi (pictured) attributed to uptick to a combination of factors, notably an increase in the...
April 8th, 2019 | 0 commentsThe Central Bank of Oman (CBO) has issued an OMR 100 million ($259.44 million) in an auction, the Oman News Agency (ONA) stated on Saturday. The seven-year bonds will carry a coupon rate of 5.75%, the news agency added. The 60th issue of the Omani Government Development Bonds (GDB) will be open for subscription from 11 to 21 April 2019, w...
April 8th, 2019 | 0 commentsKhalid bin Hilal al Maawali, Chairman of Majlis Ash’shura, on Sunday met with Shaikh Abdullah bin Nasser al Thani, Prime Minister of the State of Qatar, within the framework of Majlis Oman’s participation in deliberations of the 140th session of General Assembly of the Inter-Parliamentary Union (IPU), which is being held in Doha. The two...
April 8th, 2019 | 0 commentsEmpowering Omani women at various levels has always been the prime focus of the Ministry of Social Development and the initiatives towards this goal have brought in phenomenal results, according to an official at the ministry. Pointing out at the achievements of Omani women, he said in the public sector women hold around 50 per cent of po...
