Business - oman observer

Sunday, February 05, 2023 | Rajab 13, 1444 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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New fiscal tool to monitor Oman’s financial stability

MUSCAT: The Central Bank of Oman (CBO) has begun publishing for the first time the International Investment Position (IIP) of the Sultanate of Oman – a new fiscal metric that serves as a balance sheet of a country’s external assets and liabilities.Oman’s maiden IIP was featured in the 2021 Annual Report of the Central Bank, which was released last week....
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CBO green-lights HSBC Oman, Sohar International merger
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Renaissance appoints chief communication officer
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New fiscal tool to monitor Oman’s financial stability
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Oman, Saudi Arabia ink pact to cooperate in ICT infra sector
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Oman embraces Gulf Standard specs for electric vehicles
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Indian regulator reassures investors after Adani rout
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Oman chosen as member of DCO’s Executive Committee
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HSBC, Sohar International get CBO's nod for merger
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Alpen Capital announces formation of advisory board
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Oman Exports Platform to take local products global
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Madayn industrial cities pull in over RO 7bn in investments
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Expat remittances fall to 10-year-low in 2021
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‘Creating memorable experiences and building lasting connections’
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MSX declines for third week as investors await more corporate disclosures
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Oman International Hospital launches Med Academy
Trending Stories
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Only one company bids for Muscat Metro consultancy project

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Saudi FM arrives in Oman

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MoSD launches trademark for products of disabled

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Events launched to activate winter tourism in Oman

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Archives Authority to open museum, exhibition in Lamu on Feb 10

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Two new member states join DCO

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Muscat Stables crowned youth champions

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Oman beach soccer team gears up for AFC Asian Cup

BUSINESS VIDEOS
Economy
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Oman chosen as member of DCO’s Executive Committee

Riyadh: The Sultanate of Oman was selected as member to the Executive Committee of the Digital Cooperation Organization (DCO). The decision was taken during the participation of the Ministry of Transport, Communications and Information Technology in...

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Expat remittances fall to 10-year-low in 2021
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Fake apps used by cybercriminals for CryptoRom schemes
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Fitch affirms OETC at 'BB+'; outlook stable
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Google, Apple disappoint as tech earnings hit by gloom
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Oman, Saudi sign MoU to support development of SEZ, free zones
Opinion
Abdulaziz Al Jahdhami
Abdulaziz Al Jahdhami Impacts of social media on campaigns
Sandhya Rao Mehta
Sandhya Rao Mehta Instagram has made poetry more popular today
Patrick Kingsley
Patrick Kingsley In West Bank, settlers sense their moment after far right’s rise
Markets

Indian billionaire Gautam Adani

Adani's market losses top $100bn as shelved share sale spooks investors

CMA imposes penalty on Aman Real Estate Investment Fund

Muscat Stock Exchange formally joins Tabadul platform

CEO: MSX aims to be a world-class Omani bourse with global presence

India's Adani hits back at Hindenburg

Banking

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HSBC, Sohar International get CBO's nod for merger

Oman banks lend record RO 10.542bn in personal loans in 2021

CBO increases repo rate for local banks by 25 basis points

Fixed peg regime cushions impact of soaring global inflation on Oman: CBO

Bank Muscat opens state-of-the-art branch at Madinat Sultan Qaboos

Energy

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Oman extends bid deadline for first round of green hydrogen blocks

Shell 2022 profit more than doubles to record $40 bn

PDO inaugurates RO 87m Rima water plant project

Oman crude volumes traded on DME surpass 3-billion-barrel mark

Oman LNG signs binding term-sheet agreement with Turkish BOTAS

Aviation
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SalamAir marks its sixth anniversary

SalamAir celebrated its sixth year with an array of activities at the Muscat Airport. Captain Mohamed Ahmed, CEO of SalamAir, said: “Myself and the SalamAir Team are incredibly proud to be...
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UK airline Flybe ceases trading, cancels all flights

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Oman has doubled efforts in areas of aviation security: CAA

The Civil Aviation Authority has embarked on the formulation of a blueprint to underpin the sector’s long-term development.

Oman to develop National Aviation Strategy 2040

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ETCO activates plan in response to Aman satellite failure

ENTREPRENEURS
Oman chosen as member of DCO’s Executive Committee

Riyadh: The Sultanate of Oman was selected as member to the Executive Committee of the Digital Cooperation Organization (DCO). The decision was taken during the participation of the Ministry of Transport, Communications...

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Expat remittances fall to 10-year-low in 2021

Fake apps used by cybercriminals for CryptoRom schemes

Fitch affirms OETC at 'BB+'; outlook stable
Property
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ODBW to contribute to growth in infrastructure, commercial and residential projects
Hotel Indigo Jabal Al Akhdhar opening in the second half of 2023
IHG promoting sustainable tourism in Oman
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Omantel’s Zain subsidiary announces new tower sale transactions
Tourism

Photo: Midhun Raj

Muscat among the safest cities in the world: Report

Pact signed for Phase 2 of $650m Al Nakheel ITC

Oman MICE tourism events attract over 1.2 million visitors in 2022

Sharp increase in tourist traffic into Oman

Hotel revenues soar as tourism sector posts strong recovery

Jumeirah Group’s first luxury resort launched in Oman

OPAZ awards road dualisation project

Cars

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Own a Kia Pegas with season of winning benefits

Toyota Motor Corp names new leadership

SBA introduces all-new 2023 Nissan X-Trail in Oman

Kia’s compact Sonet SUV with season of winning benefits

Traffic could double if driverless cars become norm

Toyota Hilux: Inspiring performance, legendary capability

Drive out to fun moments in the popular Toyota Corolla

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