Business - oman observer

Sunday, October 01, 2023 | Rabi' al-awwal 15, 1445 H
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S&P upgrades Oman’s credit rating to BB+ with stable outlook

MUSCAT: International credit rating agency, Standard & Poor’s (S&P), released yesterday its credit rating report for the Sultanate of Oman, which upgraded the credit rating to "BB +" with a stable outlook. This was a result of the improved resilience of the Omani economy to external financial shocks and the Government's actions to improve financial and economic...
The licensed banks shall be responsible - alone and exclusively - for the accuracy and updating of the data related to the returned cheque.

Banks in Oman to maintain list of cheque bounce defaulters
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GULFCYBERTECH wins the Best Performing Omani Company at Alam Al-Iktisaad Awards
A Toys "R" Us in New York, March 15, 2018. (Jeenah Moon/The New York Times)

Toys ‘R’ Us, once bankrupt, plans new flagship stores
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GCC gears up for ultimate automotive festival
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S&P upgrades Oman’s credit rating to BB+ with stable outlook
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Credit granted by Oman’s banking sector rises 5.3%
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Total tourism revenues in Oman for 2022 reach RO 1.9 billion
A prequalification tender floated by the Oman Etihad Rail Co LLC (OER) has attracted significant interest from reputable international and regional rail contractors.

Oman-Etihad Rail project to unlock major construction opportunities
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MSX30 Index ends week higher by 0.03%
Oman Stocks app logo

MCD launches ‘Oman Stocks’ app
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Omani trade delegation signs strategic partnerships with US companies
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OETC holds 5-year annual transmission capability statement awareness session
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MCBS introduces 'We Are Oman' series
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My Perfumes Select wins emerging perfume brand of the year award
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Sohar International receives leadership in sustainable community development award
Trending Stories
The licensed banks shall be responsible - alone and exclusively - for the accuracy and updating of the data related to the returned cheque.

Banks in Oman to maintain list of cheque bounce defaulters

The Turkish interior ministry called the blast a “terrorist attack,” adding that two terrorists were attacked in front of the ministry building.

Blast reported near Türkiye parliament building

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GULFCYBERTECH wins the Best Performing Omani Company at Alam Al-Iktisaad Awards

Al-Kasfah Spring is considered one of the most famous springs in the Sultanate of Oman

Ain Al Kasfah tourist site to be ready this year

A Toys "R" Us in New York, March 15, 2018. (Jeenah Moon/The New York Times)

Toys ‘R’ Us, once bankrupt, plans new flagship stores

A screen grab made from video footage from ISRO shows an Indian Space Research Organisation (ISRO) rocket carrying the Chandrayaan-3

India's private space sector skyrockets

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Insurance must for adventure tourism firms

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Visitors throng Oman pavilion at Riyadh Book Fair

BUSINESS VIDEOS
Economy
A prequalification tender floated by the Oman Etihad Rail Co LLC (OER) has attracted significant interest from reputable international and regional rail contractors.

Oman-Etihad Rail project to unlock major construction opportunities

MUSCAT: A potential bonanza in civil construction subcontracts awaits construction firms in the Sultanate of Oman when a keenly anticipated award for the implementation of the Abu Dhabi – Suhar rail link is announced sometime in the first half of...

S&P said that it expects Oman to achieve economic growth at an average rate of about 2 percent during the period 2023-2026
S&P raises Oman's credit rating to BB+ with a stable outlook
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Oman’s non-oil sector to grow 2.5 per cent in 2023
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Oman Climbs 10 Places in Global Innovation Index 2023
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Crypto firm Binance pulls out of Russia
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Indonesia bans goods transactions on social media platforms
Opinion
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Markets

A Toys "R" Us in New York, March 15, 2018. (Jeenah Moon/The New York Times)

Toys ‘R’ Us, once bankrupt, plans new flagship stores

'Oman Stocks' app launched for investors

OQ Gas Networks IPO oversubscribed multiple times

Inflation, budget risks await Polish vote winner

CMA issues guidelines for online insurance platforms

Banking

The licensed banks shall be responsible - alone and exclusively - for the accuracy and updating of the data related to the returned cheque.

Banks in Oman to maintain list of cheque bounce defaulters

CBO unveils roadmap for fintech ecosystem

Oman to set up national payment gateway for commerce

CBO firms up plans for roll-out of Open Banking in Oman

Oman’s banking sector credit tops RO 30.3 billion

Energy

Aircapture will provide modular DAC units capable of delivering up to 500 tons of high-grade liquid CO2 per year, with plans to increase deployment significantly after initial pilot testing.

Oman to host major carbon sequestration project in 2024

Category 1 of OQGN IPO oversubscribed

Green Energy Oman consortium partner gets funding boost

Oil prices climb as markets focus on supply tightness

Germany halts e-cars solar subsidy programme amid high demand

Aviation
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Pratt & Whitney engine issue adds to airline challenges

New York - Commercial airlines have faced a tricky balancing act this summer, ramping up service to meet torrid travel demand in a period of labor shortages and supply chain constraints. Adding to the...
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Air India gets new livery, logo, look

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Air India Oman hosts agent & customers meet in Oman

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Oman Air ramps up Muscat – Salalah flights in response to khareef rush

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Omantel celebrates triple win at Global Carrier Community Awards in Berlin

ENTREPRENEURS
Toys ‘R’ Us, once bankrupt, plans new flagship stores

Toys R Us, the once ubiquitous chain that drew generations of children with its signature primary colors and its Geoffrey the Giraffe mascot, will attempt a comeback six years after filing for bankruptcy. It plans to...

A Toys "R" Us in New York, March 15, 2018. (Jeenah Moon/The New York Times)

Oman-Etihad Rail project to unlock major construction opportunities

'Oman Stocks' app launched for investors

S&P raises Oman's credit rating to BB+ with a stable outlook
Property
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Strong oil prices contribute to surge in real estate trading
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Real estate trading worth RO1.4 billion in Oman
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Integrated residential neighbourhoods offer investment avenues for private sector: OCCI
Tourism

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Saudi Arabia to Host World's Largest Gathering of Tourism Leaders Tomorrow

Oman To Host GCC Tourism Meetings

New project to transform Salalah’s Iteen into natural wonderland

SMEDA funds 363 projects in Dhofar worth RO 14.6 million

ME tourism sector posts strongest post-pandemic recovery

33 hotel properties to launch in Oman during 2023: Report

Oman hotels post 27.8% revenue increase until July

Cars

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GCC gears up for ultimate automotive festival

US auto workers union expands strike at GM, Stellantis

Mazda celebrates 50-year partnership with Towell Auto Centre

BMW iX5 Hydrogen undergoes test drives in the desert

Toyota blames shutdown on 'insuffient disk space'

Stage set for production of armoured vehicles in Oman

Tesla debuts Model 3 in China

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