Top Oman News

Al Madina A'Zarqa signs agreement with IHG for the development of waterfront hotel

Blue City Company 1 (BCC1), the developers of phase one of Al Madina A'Zarqa has signed an agreement with InterContinental Hotels Group (IHG) for the development of a five star beachfront property, InterContinental Al Madina A'Zarqa. Press Release - 04Jul 07:34GMT
Oman: RO 54M tenders awarded

The Tender Board yesterday awarded tenders worth RO 53,827,568. The new projects include power plant, transmission line in Yitti; roads in Al Sharqiyah region; power plant, transmission line in Bausher and dual carriageway in Salalah. Oman Daily Observer - 04Jul 06:19GMT
New premises for Oman's embassy in Tokyo opened

A celebration was held here on Thursday to mark the opening of the new premises of the Sultanate's embassy, under the auspices of Sayyid Badr bin Hamad bin Hamoud Al Busaidi, secretary-general of the Foreign Ministry. Times of Oman - 04Jul 06:18GMT
Domestic liquidity shields Oman

The banking sector in Oman has been shielded from the adverse effects of the global slowdown and continues its resilience by drawing support from the expansionary fiscal policy and supportive domestic liquidity conditions. Times of Oman - 04Jul 06:17GMT
GCC States To Sign Power Swap Deal

Officials from Gulf oil producers will meet in Saudi Arabia this week to sign an agreement on the exchange of power supplies in the event of shortage or disruption within a planned power grid. Emirates Business 24/7 - 04Jul 06:09GMT
School admn positions see 100 pc Omanisation

The Omanisation of teachers in more than 1,056 public schools has reached 89 per cent and will soon cross the figure of 90 per cent. Oman Daily Observer - 04Jul 06:03GMT
Petrofac Wins $350m Kauther Contract From PDO

Petrofac, the international oil and gas facilities service provider, has been awarded a contract worth more than $350 million for the Kauther gas-field depletion-compression project. Oman Daily Observer - 04Jul 06:02GMT
Omani, Korean firms keen to set up joint ventures

Oman-based companies have once again shown a keen interest to start up joint ventures with Korean manufacturing concerns. Oman Daily Observer - 04Jul 06:00GMT
Gulf bourses muzzy pending Q2 results

Uncertainty prevailed at most of Arab stock markets this week as investors awaited the release of second-quarter corporate results, which they believed would decide the course of regional markets in the coming stage, financial analysts said Friday. The Saudi Gazette - 04Jul 05:54GMT
Investors keep eye on corporate results

Saudi shares were volatile last week as the financial sector was negatively affected by hardships facing certain Saudi family businesses, mainly Saad Group and Ahmad Hamad Al-Gosaibi & Brothers Co. (AHAB). Arab News - 04Jul 05:43GMT

The Toolbox

Companies

Fly at a Premium...

Kuwait National Airways operates premium scheduled air transportation services through its division, Wataniya Airways. KNA listed its shares, worth USD125.57 million, on the Kuwait Stock Exchange, in December 2008.

Research

GCC Cement
Credit Suisse - 30 Jun 2009

CS initiates coverage on the GCC cement sector with a negative view, against a backdrop of strong supply growth in 2009–10 but slowing demand. CS issues a OUTPERFORM recommendation on Yamama Saudi Cement Company (Saudi Arabia), a NEUTRAL recommendation on Raysut Cement Company (Oman) and Qatar National Cement Company (Qatar), and a UNDERPERDFORM recommendation on Union Cement Company (UAE) and Kuwait Cement Company (Kuwait).

» Read Report

Community Buzz

Stories in Oman

Most read stories by Community in the last 24 hrs

1	Value Of Gulf RE Projects Under Way Is $2.39tr
2	Global Sukuk rebound seen
3	New international flights begin landing in Salalah
4	Jetro on Japan-GCC trade during the year 2008
5	Arabs back on board for Mediterranean Union
6	Oman pushes for price freeze
7	Healthcare reforms throughout the GCC set to trigger massive investment
8	GCC expenditure plans to remain relatively intact
9	High costs of power propel ME district cooling market
10	Bank Lending In GCC Remains Tight

Companies in Oman

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Consolidated Contractors Company Oman	Oman	Construction and Design
Occidental Oman Incorporation	Oman	Oil
Sohar International Urea and Chemical Industries	Oman	Chemicals
Sohar Power Company	Oman	Electric Utilities
Occidental Mukhaizna	Oman	Oil
Oman Investment Fund	Oman	Investment Firms and Funds
W J Towell and Company	Oman	Multi-line
Ministry of Health - Oman	Oman	Ministries and Municipalities
OTE Group	Oman	Transportation Products
Galfar Engineering and Contracting	Oman	Construction and Design

Projects

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Ras Girtas Power Company - Ras Girtas IWPP	Qatar	Power and Water
IGD - Gasco - Habshan 5 Gas Processing Plant	UAE	Oil and Gas
SATORP - Jubail Refinery and Petrochemical Complex	Saudi Arabia	Oil and Gas
Emirates Aluminium (EMAL) - Smelter Complex	UAE	Industry
Takreer - Ruwais Refinery Expansion	UAE	Oil and Gas
Qatar Foundation - Sidra Medical and Research Center	Qatar	Real Estate
Aramco/Dow Chemical - Ras Tanura Integrated Refinery and Petrochemicals Complex	Saudi Arabia	Oil and Gas
Abu Dhabi Ports Company - Khalifa Port and Industrial Zone (KPIZ)	UAE	Infrastructure
SATORP- Jubail Refinery and Petrochemical Complex - Conversion Unit and Sulphur Package (Part 2)	Saudi Arabia	Oil and Gas
Dubai RTA - Dubai Metro - Purple Line	UAE	Infrastructure

Blogs

Most read blogs by Community in the last 24 hrs

1	The Sorry State of Real Estate in the UAE (Uncensored Version)
2	This might just be the push you've been waiting for....
3	A tale of two banks
4	By the people for the people
5	Debate on morality has only just begun

Calendar

	Entity	Event
01Nov	Organized by PennWell Corporation	POWER-GEN Middle East 2010 (3 days from 01-03 Nov 2010)
03Oct	Organized by Riyadh Exhibitions Company	Saudi Build 2010 (4 days from 03-06 Oct 2010)
23May	Organized by Riyadh Exhibitions Company	Saudi Water Technology 2010 (4 days from 23-26 May 2010)
23May	Organized by Riyadh Exhibitions Company	Saudi Elenex 2010 (4 days from 23-26 May 2010)
23May	Organized by Riyadh Exhibitions Company	Saudi Luminex 2010 (4 days from 23-26 May 2010)
» More

Resilient To The Crisis
The banking system in Oman has to a very great extent been shielded from the adverse effects of the crisis in the global financial markets, thanks to a wise fiscal policy and supportive domestic liquidity conditions.

Rail System For Muscat?
With the concept of a railway system in the Batinah region having since grown into a wider North Oman network, an extension into Muscat, experts say, is the next logical step in the evolution of the Sultanate's ambitious rail initiative.

Islamic Finance
Lacking Government Support
The impressive growth of Islamic finance in the GCC countries could not be achieved without government support. However, the extent of government support varies considerably across GCC countries.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Cap ($mil)
1	Oman Telecommunications Company	Oman	2,511
2	BankMuscat	Oman	1,964
3	Bank Dhofar	Oman	1,158
4	National Bank of Oman	Oman	859
5	Oman International Bank	Oman	761
» View Full List

Related Information

Companies in Oman

Select from 520 companies

EIU Research On Oman Economy & Sectors

Key Developments17Jun09

Background:

Political Structure17Jun09

Economy:

Economic Background28Apr08

Country Risk Summary17Jun09

Country Outlook10Jun09

Economic Structure17Jun09

Quaterly Economic Indicators17Jun09

Manufacturing28Apr08

Operating Risk:

Overview28Jan09

» View Full Report

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