Casino has signed a franchise deal with the Al Meera Consumer Goods Company to develop Geant hypermarkets in Qatar and Oman as part of the French retailer's bid to boost its presence in fast-growing regions.
December 15, 2011 3:33
Oman's government has approved plans to subsidise food staples to offset inflation, a government official at the Gulf sultanate's trade ministry said on Tuesday.
December 14, 2011 10:59
Oman has started implementing stress tests in its banking sector to limit the impact of the euro zone crisis and a feared global recession, a senior central bank official said on Sunday.
December 11, 2011 6:20
Oman will raze a roundabout that became a hub for protesters earlier this year in the city of Sohar, where two people were killed during unrest in the Gulf Arab sultanate, al-Shabiba newspaper reported on Monday.
December 6, 2011 11:45
Dubai group Friendi plans an initial public offering within two years, the mobile virtual network operator's chief executive told Reuters on Monday.
December 6, 2011 10:17
Tour operators are registering a record number of visitors to Oman during the holiday season as the Sultanate becomes an alternative vacation destination.
December 4, 2011 5:08
Oman set its 2012 draft budget with a deficit of 1.2 billion rials ($3.1 billion) and expenditures of 10 billion rials, higher than planned for 2011, a finance ministry official said on Wednesday.
November 23, 2011 10:49
Gulf states should be largely unaffected by the euro zone debt crisis as their banks have minimal exposure to the bloc's debt, the head of Oman's central bank said on Friday, though he warned that they would not be immune to a broader global slowdown.
November 19, 2011 1:32
Etihad Rail, the developer of a railway network in the United Arab Emirates, will launch the second phase of its $11 billion project in a "few weeks" with contracts to be awarded by the third quarter next year, its chief executive said on Tuesday.
November 16, 2011 2:03
Q3 net profit 28 mln rials vs 22.4 mln rials a year ago; Q3 revenue 109.9 mln mln rials vs 97.4 mln rials
November 13, 2011 11:07
It’s a matter of time before every citizens in Middle East rally for constitutional reform. How close we are to this change may not be up to the rulers.
November 9, 2011 1:01
Oman may in future consider issuing Islamic bonds or sukuk, the country's central bank head Hamood Sangour al-Zadjali said on Monday.
October 31, 2011 10:47
Capital expenditure to fall from 2012 as network built out; Q3 net profit 13.5 mln rials vs 12.5 mln rials a year ago; Subscriber numbers fall 3.6 pct year-on-year
October 27, 2011 2:04
Abu Dhabi September CPI 1 percent year-on-year versus 1.6 percent year-on-year in August; Food prices edge up, housing and transport costs ease; Dubai inflation 0.6 percent year-on-year up to Q3 2011
October 15, 2011 4:17
Abu Dhabi September CPI 1 percent year-on-year versus 1.6 percent year-on-year in August; Food prices edge up, housing and transport costs ease; Dubai inflation 0.6 percent year-on-year up to Q3 2011
October 15, 2011 4:16