Oman Archives | Gulf Business https://gulfbusiness.com/section/gcc/oman/ Thu, 01 Jun 2023 09:42:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Oman Archives | Gulf Business https://gulfbusiness.com/section/gcc/oman/ 32 32 Oman unveils plans to build Sultan Haitham City https://gulfbusiness.com/oman-unveils-plans-to-build-sultan-haitham-city/ https://gulfbusiness.com/oman-unveils-plans-to-build-sultan-haitham-city/#respond Thu, 01 Jun 2023 09:42:51 +0000 https://gulfbusiness.com/?p=256396 The smart and sustainable city will cover an area of approximately 15 million square metres

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]]> https://gulfbusiness.com/oman-unveils-plans-to-build-sultan-haitham-city/feed/ 0 Oman’s Bank Dhofar, Omnivest submit competing bids for Ahli Bank https://gulfbusiness.com/omans-bank-dhofar-revises-bid-for-ahli-bank/ https://gulfbusiness.com/omans-bank-dhofar-revises-bid-for-ahli-bank/#respond Thu, 18 May 2023 11:06:12 +0000 https://gulfbusiness.com/?p=254554 The revised bid from Oman’s Bank Dhofar comes a day after Omnivest said it would lead a consortium that will make an offer for Ahli Bank

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]]> https://gulfbusiness.com/omans-bank-dhofar-revises-bid-for-ahli-bank/feed/ 0 Oman announces the first day of Eid Al Fitr 2023 https://gulfbusiness.com/oman-announces-the-first-day-of-eid-al-fitr-2023/ https://gulfbusiness.com/oman-announces-the-first-day-of-eid-al-fitr-2023/#respond Thu, 20 Apr 2023 16:21:25 +0000 https://gulfbusiness.com/?p=251732 The decision was made after the moon sighting committee failed to sight the crescent moon of Shawwal on Thursday, April 20

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]]> https://gulfbusiness.com/oman-announces-the-first-day-of-eid-al-fitr-2023/feed/ 0 Magnitude 5.8 earthquake strikes off the coast of Oman https://gulfbusiness.com/earthquake-strikes-off-the-coast-of-oman/ https://gulfbusiness.com/earthquake-strikes-off-the-coast-of-oman/#respond Thu, 13 Apr 2023 07:00:35 +0000 https://gulfbusiness.com/?p=250867 The 5.8 magnitude earthquake in Oman did not affect the UAE nor felt by any residents

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]]> https://gulfbusiness.com/earthquake-strikes-off-the-coast-of-oman/feed/ 0 EFG Hermes shuts Oman operations https://gulfbusiness.com/egypts-efg-hermes-exits-operations-from-oman/ https://gulfbusiness.com/egypts-efg-hermes-exits-operations-from-oman/#respond Wed, 12 Apr 2023 08:53:32 +0000 https://gulfbusiness.com/?p=250647 The universal bank said the move comes in light of its efforts to drive shareholders’ value by optimising its operations and improving the return on equity metric

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]]> https://gulfbusiness.com/egypts-efg-hermes-exits-operations-from-oman/feed/ 0 Oman’s Ahli Bank rejects merger offer from Bank Dhofar https://gulfbusiness.com/ahli-bank-rejects-merger-offer-from-bank-dhofar/ https://gulfbusiness.com/ahli-bank-rejects-merger-offer-from-bank-dhofar/#respond Wed, 12 Apr 2023 06:27:40 +0000 https://gulfbusiness.com/?p=250438 The board of directors studied the non-binding proposal from Bank Dhofar and decided not to accept it

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]]> https://gulfbusiness.com/ahli-bank-rejects-merger-offer-from-bank-dhofar/feed/ 0 UAE, Oman sign agreement to boost environmental preservation efforts https://gulfbusiness.com/uae-oman-sign-pact-to-boost-environmental-efforts/ https://gulfbusiness.com/uae-oman-sign-pact-to-boost-environmental-efforts/#respond Mon, 06 Mar 2023 11:42:29 +0000 https://gulfbusiness.com/?p=246453 Both sides will conduct joint research in the fields of environmental preservation

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]]> https://gulfbusiness.com/uae-oman-sign-pact-to-boost-environmental-efforts/feed/ 0 Omani ministry signs nickel extraction agreement with UK’s Knights Bay https://gulfbusiness.com/omani-ministry-signs-nickel-extraction-agreement-with-uks-knights-bay/ https://gulfbusiness.com/omani-ministry-signs-nickel-extraction-agreement-with-uks-knights-bay/#respond Fri, 03 Mar 2023 04:55:29 +0000 https://gulfbusiness.com/?p=246255 The first mining agreement is Oman's first with a foreign investor

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]]> https://gulfbusiness.com/omani-ministry-signs-nickel-extraction-agreement-with-uks-knights-bay/feed/ 0 F88 raises $47m ahead of its planned Vietnam IPO https://gulfbusiness.com/f88-raises-47m-ahead-of-its-planned-vietnam-ipo/ https://gulfbusiness.com/f88-raises-47m-ahead-of-its-planned-vietnam-ipo/#respond Wed, 01 Mar 2023 05:37:47 +0000 https://gulfbusiness.com/?p=245945 The Hanoi-based company offers small loans primarily backed by vehicles as collateral and provides financial services, such as insurance and money transfers

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]]> https://gulfbusiness.com/f88-raises-47m-ahead-of-its-planned-vietnam-ipo/feed/ 0 Oman’s Abraj inks oil drilling deal with Chevron, Kuwait Gulf Oil Company https://gulfbusiness.com/omans-abraj-inks-oil-drilling-deal-with-chevron-kuwait-gulf-oil-company/ https://gulfbusiness.com/omans-abraj-inks-oil-drilling-deal-with-chevron-kuwait-gulf-oil-company/#respond Mon, 27 Feb 2023 07:39:32 +0000 https://gulfbusiness.com/?p=245577 Abraj will construct three drilling platforms in the Wafra oilfield in the southern part of Kuwait as part of the deal

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