MUSCAT: Omani protesters asked the public prosecutor on Wednesday to charge members of the security forces responsible for killing two demonstrators in separate clashes in the northeast industrial city of Sohar.
One protester died and eight were (...)
SOHAR: Omani protesters demanding political reforms blocked roads to a main export port and refinery on Monday and a doctor said the death toll from clashes with police in the Gulf Arab sultanate had risen to six.
Hundreds of protesters blocked (...)
MUSCAT: Omani police fired tear gas on Sunday at stone-throwing protesters in the industrial city of Sohar who were demanding political reforms as regional Arab unrest spread to the Gulf sultanate, witnesses said.
"There is a big demonstration (...)
MUSCAT: Oman's central bank plans to issue a four-year development bond worth 100 million rials ($260 million) at an interest rate of 3.25 percent per year, it said on Tuesday.
The subscription period for the bond will be from Oct. 24 to Nov. 4 (...)
MUSCAT: Oman plans to stick to its spending plan this year and the budget deficit is likely to be smaller as oil prices seem to stay higher than estimated, the Gulf country's finance ministry official said on Sunday.
The small non-OPEC crude (...)
DUBAI/MUSCAT: Omani firm Nawras, a unit of Qatar Telecommunications, could raise as much as $608 million in its 40 percent initial public offering (IPO) after setting a price range of 702-902 baisas per share.
Nawras, which broke the monopoly of (...)
MUSCAT: Oman's inflation climbed to a one-year high of 3.2 percent year-on-year in May as key items such as food, transport and housing costs edged up, the Gulf oil producer's data showed on Tuesday.
The global crisis reduced price growth across (...)
MUSCAT: Oman's oil reserves slipped just over 3 percent in 2009 as the country failed to find as much oil as it produced, according to official data in the country's annual central bank report.
Oman is a small independent oil producer in a region (...)
MUSCAT: Non-OPEC producer Oman was expects to resume crude exports from the Mina Fahal terminal on Sunday, an Oman oil official said.
Oman halted exports on Friday after Cyclone Phet hit the coast of the Gulf Arab state.
"Operation has resumed (...)
MUSCAT: Oman Oil Company, the state investment arm of the non-OPEC producer, signed an agreement to buy 30 percent of a subsidiary of Brazil's Vale in the Gulf Arab state, an Oman Oil Company statement said on Sunday.
"Oman Oil Company signed an (...)
MUSCAT: Bank Muscat , Oman's largest lender by market value, is considering selling more foreign assets to reduce rising operating costs, two bank officials with knowledge of the matter said on Thursday.
"We are considering, after the sale of (...)