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Top Oman News

  • S&P reports assess economic and credit impact of rising tensions in the Gulf


    Rising tension between Iran and the West is increasing political and economic risks for sovereign and corporate issuers in the Middle East and focusing attention on the key role of the Strait of Hormuz in trade for the Gulf, says Standard & Poor's Ratings Services in a series of three new reports. Press Release - 14Feb 11:22GMT
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  • Haya Water - restorimg roads and keeping Muscat moving


    Haya Water has restated its commitment to ensuring that roads are restored as quickly as possible to keep traffic disruption to a minimum during the construction of its world class water reuse project across the Muscat Governorate area. Press Release - 14Feb 10:29GMT
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  • IPO activity in GCC faces challenging year - Deloitte


    After a year of sluggish initial public offering, or IPO, activity, 2012 looks to be another challenging one in terms of expectations for new listings in the GCC region, accountancy firm Deloitte said. Khaleej Times - 14Feb 09:35GMT
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  • Oman Flour Mills net profit declines 64.5%


    Net profits at Oman Flour Mills (OFM) dropped by 64.5 per cent for the six-month period ended December 31, 2011, as the company awaits feed products subsidy from the government, according to a statement released to the Muscat Securities Market (MSM) on Sunday. Muscat Daily - 14Feb 07:39GMT
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  • Al Omaniya profit up 17%


    Al Omaniya Financial Services, Oman's largest non-banking financial company (NBFC), has posted a 16.94 per cent year-on-year rise in profit for 2011 to RO4.83mn. Earnings per share stood at 31bz. Muscat Daily - 14Feb 07:39GMT
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  • MoCI launches trial of Oman SME loan-guarantee programme


    Small and medium enterprises (SMEs) in Oman are to receive support from the Ministry of Commerce and Industry (MoCI), which has initiated the trial of its SME loan-guarantee programme. The ministry also announced that its National Business Centre (NBC) is anticipated to open by April. Muscat Daily - 14Feb 07:38GMT
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  • Another weak year for IPOs in the GCC - PwC


    Initial public offerings (IPO) in the six nation Gulf Corporation Council (GCC) markets continued spiralling downwards in the fourth quarter of 2011 summing up a difficult year for IPOs on the regional exchanges. Press Release - 14Feb 07:35GMT
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  • Oman LNG, MoH sign nine MoUs to boost health sector


    A total of nine MoUs were signed between Oman LNG and Ministry of Health under which Oman LNG offered RO 1.5 million to support health sector in Oman. Oman Daily Observer - 14Feb 07:02GMT
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  • Impact of feedstock developments on GCC petchem firms


    Following two decades of expansion driven by an abundance of natural gas at advantaged prices, GCC petrochemical companies established a leading position in their industry. However, recent shifts in both supply and demand have led to growing gas shortages of natural gas in the region. Arab News - 14Feb 07:01GMT
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  • GCC, Turkey eye deeper ties


    Gulf hydrocarbon producers and Turkey are considering creating a $10-million company to undertake joint investment in the two regions as part of an agreement to expand commercial and investment ties. Emirates 24|7 - 14Feb 06:49GMT
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Financial Services
Most trusted ME banks
Thirty-three Middle East banks are among 500 of the world's most trusted banks, according to a new study.
 
 
A new era in banking
The banking and finance industry will witness further growth with the stage being set for the launch of Islamic banking in the Sultanate.
 
 
Markets
BRIC vs MENA
A number of ME markets are trading at valuations below their BRIC counterparts, says NBK Capital. With a few potential catalysts such as an MSCI upgrade and Saudi opening up, there may even be hope for the unthinkable: a rally.
 
 
 
Companies in Oman
Select all 577 companies
Rankings
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 BankMuscat Oman 2,857
2 Oman Telecommunications Company Oman 2,606
3 Bank Dhofar Oman 1,276
4 Omani Qatari Telecommunications Company Oman 1,041
5 National Bank of Oman Oman 892
» View Full List
 
 
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