Saturday 12 July 2014
 
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Oman

Honda launches Ramadan offers in Oman

Omasco, the authorised distributor of Honda in Oman, has launched special promotions to celebrate the holy month of Ramadan with its customers.   The customers who purchase the Honda City 2014 model will enjoy fr

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Wings of Oman edition features Khareef season

Oman Air’s latest ‘Wings of Oman’ magazine is showcasing the Sultanate's Dhofar region in the south as it experiences the annual monsoon.   During the Khareef season, Dhofar and Salalah&rsqu

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Galfar wins major Oman road contract

Oman's Galfar Engineering has won a 40.48 million rial ($105.14 million) road building contract in the country's Dhofar region, the company said in a bourse statement on Sunday. Galfar Engineering stocks rose 1.2 per cent after

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Oman sees May inflation at new high

Oman's inflation remained at 1.5 per cent on an annual basis in May, its highest level this year, data from the National Center for Statistics and Information showed.      The prices of food and non-alcoho

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Oman budget surplus hits $1.5bn in Jan-May

Oman's government budget surplus reached 582.9 million rials ($1.5 billion) in January-May compared with a deficit of 110.4 million rials a year ago, provisional government data showed.      Analysts polled by Re

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Oman firm deploys key digital signage solutions

Anzyma, a leading Oman-based technology company, said it has implemented a hitech digital signage solution for Oil Refineries and Petroleum Industries Company (Orpic), across its three locations in the Sultanate. The deployment at

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DME launches new trading tool for Oman futures

DME, a leading international energy futures and commodities exchange, has launched a new trading mechanism ‘Trade at Marker’ (TAM), for customers of the DME Oman crude oil futures contract.   TAM will

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Oman Air to boost Muscat-Salalah flights

Oman Air, the national carrier of the Sultanate, is set to boost its Muscat to Salalah services to meet extra demand during the summer season from next month.   It will increase its number of services from 52 fli

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Oman's Bank Dhofar plans capital-boosting loan

Omani lender Bank Dhofar , currently in merger talks with smaller rival Bank Sohar, plans to raise a $75 million subordinated loan to help boost its capital reserves, the bank said in a statement on Thursday. The loan plans, which

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Oman plans $1.3bn healthcare spending

Oman has set aside $3.38 billion in its 2014 healthcare budget, more than double the $1.3 billion spent last year, in part to sharpen its focus on combating non-communicable diseases, such as diabetes, hypertension and obesity, said a report.

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