Top Oman News

830 New Hotels Under Way in ME

"Around 170 million arrivals are expected by 2020, and some 830 new hotels are under development to give an additional 750,000 rooms across the region," Gerald Lawless, Executive Chairman for Jumeirah Group said. Press Release - 08May 08:36GMT
BankMuscat shares to appreciate further

BankMuscat, the Sultanate's biggest lender with an estimated share of 41.3 per cent of total credit and deposits, has reported commendable growth during the first quarter, according to an analysis conducted by a leading brokerage and investment company. Oman Daily Observer - 08May 06:12GMT
OPWP gets S&P long-term rating

Standard & Poor's Ratings Services said that it has assigned its 'A' long-term corporate credit rating to Oman Power and Water Procurement Company SOAC (OPWP). Oman Daily Observer - 08May 06:11GMT
Arabian Gulf Gate to develop real estate project at Barka

Arabian Gulf Gate (AGG), an Oman-based property developer, has announced plans to develop 'Ryad Al Sawadi', an RO 44 million project at Barka, which is targeted at regional and global investors. Oman Daily Observer - 08May 06:10GMT
Oman's economy posts 13.1pc growth in nominal GDP in 2007

Oman's economy registered a year-on-year nominal GDP growth of 13.1 per cent reaching a value of RO15.5 billion in 2007, the second year of the current Five-Year development plan (2006-2010). Oman Daily Observer - 06May 08:39GMT
United Finance's rights issue to open on May 10

The rights issue of United Finance Company (UFC) will open for subscription on May 10. UFC, the largest leasing and hire purchase firm in the Sultanate, is offering 39.12 million shares to raise RO 5.868 million from shareholders on a 1:5 ratio Oman Daily Observer - 06May 08:38GMT
Oman plans to award 5 more non-associated gas blocks

The Sultanate is considering to award five non-associated gas blocks to international oil firms for development on production sharing basis, said a senior Oil and Gas Ministry official. Oman Daily Observer - 06May 08:32GMT
GCC currencies lose 40% of their values by dollar link

Central banks in the Gulf Co-operation Council (GCC) countries should prepare strong financial policies in preparation for de-pegging their currencies from the dollar and turn to a basket of currencies within three years. Emirates Business 24/7 - 06May 07:29GMT
Kuwait's Central Bank approves branch of Bank of Muscat in Kuwait

The Governor of Kuwait Central Bank Sheikh Salem Abdul-aziz Al-Sabah said that the Bank initially agreed to give a license to Omani Bank of Muscat to open a branch in Kuwait. KUNA (Kuwait News Agency) - 06May 06:02GMT
Voltamp Energy's IPO opens today

Voltamp Energy's initial public offering to raise RO 13.5 million will open for subscription today. The company is offering 25 million shares at a price of 542 baisa, which includes a premium of 440 baisa and an issue expense of 2 baisa. Oman Daily Observer - 05May 08:24GMT

» More Top Oman News

» All Oman News | All Analysis

The Toolbox

1 of 2
Companies

1 of 3
Research

Community Buzz

Stories in Oman

Companies in Oman

Projects

Blogs

Power & Utilities
Going Nuclear
The Middle East is turning to nuclear power as the only way to provide enough energy to handle the growth that all Arab states will go through over the next 40 years.

Travel & Tourism
Hotel Chain Reaction
In the 10th edition of Gulf Business' GCC hotel chain rankings, it is only fitting that the results should once again reflect a dramatic increase in the future rooms supply.

Economy & Politics
Hunger Pangs
There is a worrying food crisis hanging over the Middle East and north Africa, the region most dependent on imports of food staples.

Company Ranking

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

	Company	Country	Market Capital ($mil)
1	BankMuscat	Oman	5,819
2	Oman Telecommunications Company	Oman	4,097
3	National Bank of Oman	Oman	2,297
4	Raysut Cement Company	Oman	1,457
5	Galfar Engineering and Contracting	Oman	1,435
» View Full List

Related Information

Country Analysis from EIU

Loading ...