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| Yemen rial continues to decline despite central bank injections |
| Source : Khaleej Times |
| Date : 2010-07-31 |
| Yemen’s rial fell further against the US dollar as the central bank pumped $ 57 million into the exchange market, the latest of a series of cash injections to support... |
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| Oman-China trade at $ 12bn |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| Shaikh Abdullah bin Saleh al Saadi, Sultanate’s Ambassador to China, has said that trade exchange between the Sultanate and China is on a rising trend and has recently touched more... |
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| Certificates of deposit tender |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| Certificates of deposit (Issue No 679) tender was held at the Central Bank of Oman (CBO) last week. The total amount allotted was RO 507 million.... |
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| Quantity of oil used at OORPC falls |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| The quantity of oil used at Oman Oil Refineries and Petrochemicals Company (OORPC) declined by 21.6 per cent to 11,775,800 barrels during the first five months of 2010, as compared... |
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| Investment Stabilisation Fund declines in Q2 |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| The Investment Stabilisation Fund (ISF), set up last year as a joint public-private sector initiative to help bolster the stock market, declined marginally by 0.8 per cent to reach a... |
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| Sohar Poultry rights issueon Aug 10 |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| Sohar Poultry Company SAOG has set August 10, 2010 as the ‘record date’ for the company’s proposed rights issue of RO 1,000,000.... |
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| Dhofar Fisheries Q2 net loss declines |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| Dhofar Fisheries Industries Company SAOG (DFICO) achieved a turnover of RO 682,132 during the three months ended June 30, 2010, compared to RO 172,740 achieved during the same period of... |
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| Sale of equity interest in AES Barka to be concluded soon |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| The proposed sale transaction of AES Oasis’s indirect shareholding interest in AES Barka to ACWA Power International is expected to be concluded in the near future, the power and water... |
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| BankMuscat board approves H1 financial results |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| BankMuscat, the leading financial services provider in the Sultanate, on Thursday announced the financial results, approved by the board of directors, for the six-month period ending June 30, 2010.... |
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| UK aviation solutions provider wins Oman contract |
| Source : Oman Daily Observer |
| Date : 2010-07-31 |
| NATS Services has signed a contract with Oman’s Ministry of Transport to deliver a far-reaching project that will fundamentally redesign its airspace in order to increase capacity, efficiency and safety... |
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| Made-in-Dubai camel milk chocolate crosses desert |
| Source : Khaleej Times |
| Date : 2010-07-31 |
| Camel milk never tasted this good. Now chocolate made from milk of the ‘ship of the desert’ is going global, thanks to Al Nassma Chocolate LLC, a Dubai-based company.... |
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| Kuwait's crude oil exports to Japan hit 2-year low |
| Source : Kuwait News Agency |
| Date : 2010-07-30 |
| Kuwait's crude oil exports to Japan plunged 47.1 percent in June from a year earlier to 4.86 million barrels, or 162,000 barrels per day (bpd), for the sixth consecutive monthly... |
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| Shell sees Qatari LNG, GTL units ramp up in '11 |
| Source : Gulf Times |
| Date : 2010-07-30 |
| Major construction work at the Qatargas 4 liquefied natural gas (LNG) facility and Pearl GTL, the world’s largest gas to liquids plant, will be completed by year end, with production... |
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| Oman plans $ 300m Sohar plant revamp |
| Source : Gulf Daily News |
| Date : 2010-07-30 |
| Oman will spend $ 300 million on increasing capacity at its Sohar refinery in the northeast of the country, in line with expansion across its energy industry, a government official... |
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| Makkah Metro ready to serve Haj pilgrims |
| Source : Zawya |
| Date : 2010-07-30 |
| Riyadh The Makkah Metro will begin operating this Haj at 33 per cent capacity, transporting local and GCC pilgrims in its first phase, Saudi Haj Minister Fouad Abdul Salam Al... |
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| QIC set to float life and health subsidiary |
| Source : The Peninsula |
| Date : 2010-07-30 |
| Qatar Insurance Company (QIC), the country’s largest underwriter, is set to launch a new subsidiary specialising in life and medical insurance before the end of this year, QIC Group President... |
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| Union National Bank eyes profit growth |
| Source : Gulf Daily News |
| Date : 2010-07-30 |
| UAE's Union National Bank (UNB) expects to maintain profit growth for the rest of the year after a 25 per cent rise in second-quarter net profit missed forecasts due to... |
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| ISX ends week with slight up to close at 92.7 points |
| Source : Zawya |
| Date : 2010-07-30 |
| The Iraqi Stock Exchange (ISX) ended this week with a slight up of 0.1% to close at 92.7 points as rates of shares of 10 out of a total 38... |
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| Iran trade sanctions hit Dubai port |
| Source : BBC NEWS |
| Date : 2010-07-30 |
| Back to the days when the city was little more than a trading port of pearls, spices and gold, long before it struck oil and thus changed beyond recognition.... |
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| Alstom in Iraq power plant deal |
| Source : Gulf Daily News |
| Date : 2010-07-30 |
| French engineering group Alstom signed an initial agreement to build a power plant that could cost up to $ 2 billion in southern Iraq, French Ambassador Boris Boillon said yesterday.... |
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