Latest in Tag: oman Highlight
Latest in Tag: oman

Egypt yet to receive Arab deposits: CBE governor
Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt of Kuwait’s $2bn in deposits
Egypt to facilitate the return of Egyptians from Yemen
Egyptian Ambassador to Yemen left the country last Wednesday

CBE cuts margin to trade US dollar with local lenders
Step seen to further throttle waning black market

Shoukry asks Britain to support Libya’s ‘legitimate government institutions’
State institutions and dialogue are key to region’s stability, says Egypt FM

Al-Azhar launches international counterterrorism conference
The conference gathered a group of international religious scholars

Gulf football diplomacy highlights regional divisions
By James M. Dorsey Wealthy Gulf states have invited Jordan and Morocco to compete in future Gulf Cups as part of a bid to strengthen their fragile six-nation Gulf Cooperation Council (GCC) at a time that they have at best papered over deep rifts within the group. The invitation follows an earlier stalled attempt to …
Shoukry meets with Omani Foreign Minister
Discussions included the coming Arab foreign ministers meeting

UAE’s Air Arabia bets on Ras Al Khaimah hub
The Sharjah-based budget carrier, which currently operates out of three hubs in the Gulf and North Africa region, signed an agreement with the RAK government in February declaring it the official carrier for the emirate and RAK airport as its new hub.
After popular protests, Oman starts to pursue graft
Reuters – Young Omanis who took to the streets in 2011 to demand jobs and better economic prospects failed to trigger the mass protests that transformed other parts of the Arab world in their own Gulf state. But they may have had an impact all the same, as authorities are making a start on a …

Gulf states step up policing of online media: watchdog
Kuwait topped the Gulf Cooperation Council (GCC) countries on the press freedom list but dropped 14 points to rank 91st worldwide.

BP signs deal to develop large Oman ‘tight gas’ project
BP has already spent hundreds of millions of dollars on the project since winning the concession in 2007.

Fahmy discusses roadmap with Kerry
US Secretary of State John Kerry and Egyptian Minister of Foreign Affairs Nabil Fahmy discuss developments in Egypt

Kuwait grants Oman $2.5bn as development aid: report
Oman and Kuwait are members of the energy-rich GCC along with Bahrain, Qatar, Saudi Arabia and United Arab Emirates.

Arab-Brazilian trade jumps to $26bn in 2012
Brazil imports from the Arab world increased 11% from 2011
30 jailed Omani activists end hunger strike: lawyer
The hunger strike was first launched by 17 cyber activists on 9 February as a protest at delays in hearing their appeals after they were jailed for between six to 18 months for “unlawful assembly and violating the cyber law”.

EFG Hermes: Egypt’s economy will grow 3.5% in 2013
The acceptance of Egypt’s pending IMF loan will have a positive effect on the economy and there will be an increase in tourism and FDI throughout the year, says EFG

Oman holds first local elections
Oman’s elected Majlis Al-Shura has the authority to question ministers and advise the government on socio-economic issues but has no legislative power or role in defence, internal security or foreign policy

US arms sales triple in 2011
Selling weapons worth $66.3 billion overseas, the US arms sales triple

Oman crackdowns on freedom of speech
latest arrests for criticising the Sultan highlight government unease with dissent

Omani activists sentenced to prison
Similar to the ongoing crackdown on human rights activists in the region, Omani human rights activists are being persecuted
Islamic banking to boost loan growth in Oman, says NBK Capital
By Rachana Khanzode / Reuters MUSCAT: The introduction of Islamic banking in Oman will lead to loan growth of 15 percent this year, NBK Capital said and upgraded the sultanate’s largest lenders, Bank Muscat SAOG and National Bank of Oman. Oman reversed its secular approach to finance last year after seeing a steady trickle of investment …
Oman opens first Gulf opera house
The Royal Opera House of Oman, the first of its kind in the Arabian Peninsula, was officially opened on Wednesday by the country’s ruler Sultan Qaboos, himself a music enthusiast. "The time has now come to cap that rich heritage (of Oman) by adopting concepts of international culture and contribute to its promotion," Qaboos said …