Business - oman observer

Thursday, May 06, 2021 | Ramadan 23, 1442 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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CMA issues new rules for IPOs

Sheikh Abdullah Salim al Salmi, Executive President of the Capital Market Authority has issued a decision approving new rules for specifying the price of shares in public offerings which aim to regulate the issuances in an initial public offering through specifying the methods for determination of the prices of shares in public offerings and the procedures to be...
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New entity to oversee potable and wastewater services in Oman
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Blue Origin opens up bidding for first ‘spectacular’ space tourism trip in July
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Air France-KLM pins hopes on summer after huge Covid losses
A Nissan Motor staff works on an engine in the assembly line at the Zona Franca Nissan factory near Barcelona. - Reuters File Photo

Spain pours billions into fight for slice of European e-vehicle sector
Herbert Diess, CEO of German carmaker Volkswagen AG. - Reuters File Photo

Volkswagen profits rise but chip shortage impact not over
A Wall Street sign is seen near the New York Stock Exchange (NYSE) in New York City. - Reuters

Stocks near record highs on recovery hopes, Curevac sinks
Trending Stories
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Clinical Chelsea flatter Real

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Departing Fonseca backs Mourinho to thrive at Roma

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Nadal makes Madrid quarters

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New entity to oversee potable and wastewater services in Oman

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Blue Origin opens up bidding for first ‘spectacular’ space tourism trip in July

BUSINESS VIDEOS
Economy
Qais bin Saud al Zakwani

Qais al Zakwani is new CEO of OWWC

The board of directors of Oman Water and Wastewater Services Company (OWWC) has announced the appointment of Qais bin Saud al Zakwani as chief executive officer.With more than 18 years of experience, Qais is known for restructuring and leading the...

The Million Date Palm Plantation Project has 11 farms so far that are spread in different regions of the Sultanate
OIA to take management of Million Palm Tree Plantation Project
17 Oman Cement puts Duqm project on hold
$250m Duqm project on hold: Oman Cement
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Oman reports RO 751.4 million budget deficit in Q1, 2021
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Digital banking key to enhancing financial inclusion
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Zero-VAT on transportation of goods in special zones
Opinion
Dave Graham Rail overpass accident rattles Mexico’s presidential succession favourites
ALI AL MATANI
ALI AL MATANI A ‘watchful’ eye for better work...
Lakshmi Kothaneth
Lakshmi Kothaneth Blame it on Covid
Markets
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CMA issues new rules for IPOs

Pfizer raises full-year sales forecast for vaccine

Apple, Facebook deliver more blockbuster profits for tech

Europe's oil majors leave pandemic blues behind

IT spending in MENA to reach $171 bn in 2021
Banking
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Bank Muscat posts Q1 net profit climbs to RO 47.15m

Bank Muscat extends support to Fak Kurba

NBO credit card customers can win 6thStreet voucher with every purchase

Great offers from Alizz Islamic Bank during Ramadhan

Credit Suisse posts Q1 losses over Archegos collapse
Energy
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Shareholders give nod for conversion of United Power into SAOC

Tethys Oil pledges $47m investments in Oman assets

1.2 million smart electricity meters to be installed across Oman

Majan forecasts uptick in power demand after historic dip

Vale completes 10 years of operations in Oman
Aviation
Boeing 737 MAX jets have only returned to service recently. They were banned from flying for around 20 months after two crashes with a total of 346 deaths.

FAA orders repair of electrical problem in 737 MAX jets

The US Federal Aviation Administration (FAA) has ordered Boeing to make repairs on a number of its 737 MAX jets that are currently grounded due to an electrical problem. In an airworthiness...
A Cathay Pacific Airways Airbus A350-900 airplane approaches to land at Changi International Airport in Singapore. - Reuters File Photo

Delta plans to buy 25 Airbus planes amid expected travel rebound

SE

Hong Kong and Singapore aim to start travel bubble in May

The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France. - Reuters

Airbus plans to reorganise aircraft production

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British Airways owner to cut emissions with fuel target

ENTREPRENEURS
Qais al Zakwani is new CEO of OWWC

The board of directors of Oman Water and Wastewater Services Company (OWWC) has announced the appointment of Qais bin Saud al Zakwani as chief executive officer.With more than 18 years of experience, Qais is known for...

Qais bin Saud al Zakwani

CMA issues new rules for IPOs

Pfizer raises full-year sales forecast for vaccine

OIA to take management of Million Palm Tree Plantation Project
Property
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Residential rentals VAT-exempt in Oman
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High demand for Golf Beach Residences
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Higher oil prices, stimulus plan to buoy FDI into Oman: Report
Tourism
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Turkey still sees 30 million tourists in 2021

Global honour for Oman’s hospitality landmark

Geneva Act protects Omani products

Meeting Point Hotels deflags Kairaba Mirbat Resort

70% fewer flights operated last year due to pandemic impacts

Less than three weeks left to experience the rose harvest season in Jabal Akhdar

Tourists in Oman entitled to VAT refund on select purchases
Cars
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The All-New Chevrolet Tahoe

Enjoy extraordinary experiences in the Toyota Avalon

German economy grows 0.4pc in Q4

EU at pains to punish VW over ‘dieselgate’ scam

Nissan profit falls 15pc on strong yen

In Norway, everyone’s tax data is just a click away

UK government’s vaunted China deals don’t add up
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