MUSCAT — His Majesty Sultan Qaboos bin Said will preside over the annual meeting of the Council of Oman at the council hall in Al Khuwair today.
His Majesty the Sultan will deliver a speech in which he will review the progress of the development projects being implemented, their features and (...) >continue
Oman’s central bank yesterday jumped onto the bailout bandwagon allocating about $2 billion (Dh7.34bn) to lend to local banks and ease credit crunch in the country’s financial sector, its governor said yesterday.
"We encourage banks to acquire the liquidity from each other or from foreign banks (...) >continue
A state-of-the-art Children’s Public Library, the first ever is to be constructed in the Sultanate of Oman, as part of the government’s vision to create a knowledgeable and well-balanced society.
The Philadelphia based company, VITETTA a renowned library developers, have been appointed as the (...) >continue
Financial turbulences in global markets failed to create any adverse impact on Omani banks, which recorded a robust performance in the third quarter, said a recent study.
The non-fee income of the banks declined marginally but they maintained a strong performance due to growth in core income. (...) >continue
MUSCAT — French President Nicolas Sarkozy will visit Oman early next year. Though the date has not been fixed, he has written that he is looking forward to the visit, said Anne-Marie Idrac, French minister of state for foreign trade, here yesterday.
“France wants to increase the level of trade (...) >continue