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| RO 8bn projects in pipeline |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| The Sultanate's economy will see a quantum jump in the coming period, thanks to several projects, among them are RO 8 billion ($20 billion) giant transport and infrastructure projects including... |
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| Retail sector sees phenomenal growth in Oman |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| Retail sector in Oman has made a paradigm shift from being a row of traditional shops to moving into shopping malls in huge structures. Although it was difficult in the... |
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| Oil output at 16.6m barrels in Oman |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| The quantity of oil processed by Oman Oil Refineries and Petroleum Industries Company (Orpic) during the first three months of 2013 amounted to 16,626,500 barrels compared to 20,553,700 barrels during... |
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| Power, Water output up |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| Electricity production in the Sultanate stood at 4,738.3 giga watt (GW) per hour during the first three months in 2013 comparing to 4,337.6 GW per hour during the same period... |
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| Kuwait Airways signs agreement with IATA for privatization assistance |
| Source : Kuwait News Agency |
| Date : 2013-05-26 |
| Kuwait Airways Co. (KAC) signed an agreement with the International Air Transport Association (IATA), for the latter's assistance in the privatization process KAC is undertaking.... |
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| Minister Al-Shimali discusses cooperation with WEF chairman |
| Source : Kuwait News Agency |
| Date : 2013-05-26 |
| The Kuwaiti Deputy Prime Minister and Minister of Finance Mustafa Al-Shimali held a meeting here Sunday with World Economic Forum (WEF) Founder and Executive Chairman Klaus Schwab to discuss cooperation... |
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| Kuwaiti parliament completes Credit, Savings Bank fund law |
| Source : Kuwait News Agency |
| Date : 2013-05-26 |
| The Kuwaiti parliament's justice and legislative committee completed legal amendments on forming a state Credit and Savings Bank fund for the development of private housing of nationals.... |
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| Green areas may be mandatory in in new buildings |
| Source : The Peninsula |
| Date : 2013-05-26 |
| The Ministry of Municipality and Urban Planning is studying a proposal to make it mandatory for all new buildings to include green areas in their design.... |
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| New norms soon to save power, water |
| Source : The Peninsula |
| Date : 2013-05-26 |
| Qatar has one of the highest per capita electricity and water consumptions in the world and to reduce the average, the country has completed technical studies that would help it... |
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| Saudi families spent SR 7 bn on trips abroad in 2012 |
| Source : Arab News |
| Date : 2013-05-26 |
| Saudi families spent SR 7 billion on tourism abroad in summer last year, an increase of 28 percent compared to the previous year, according to an academic, quoting a study... |
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| New desalination plant to boost Jeddah's water capacity |
| Source : Arab News |
| Date : 2013-05-26 |
| Makkah Governor Prince Khalid Al Faisal will launch Sunday night a new desalination station designed to carry 240,000 cubic meters of water daily in Jeddah.... |
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| Last vestiges of monopoly |
| Source : Arab News |
| Date : 2013-05-26 |
| Few issues irk economists as monopolies and oligopolies, because they distort market mechanisms by limiting economic freedom and reducing competition, leading, in the process, to economy-wide inefficiencies.... |
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| Time to start reforms |
| Source : Arab News |
| Date : 2013-05-26 |
| Highlighting the strength of the Saudi economy, the International Monetary Fund (IMF) in its press release last week described it as one of the best performing economies of the G20... |
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| $ 750 m sukuk: Saudi developer closes 1st tranche |
| Source : Arab News |
| Date : 2013-05-26 |
| Bank Alkhair has announced the successful close of the first tranche of a $ 750 million sukuk program established by Dar Al Al-Arkan Real estate Development Company (Dar Al-Arkan),... |
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| Kuwait calls for amending Arab laws to ensure business feasibility |
| Source : Kuwait News Agency |
| Date : 2013-05-26 |
| The Kuwaiti Minister of Finance called on Sunday for amending legislation and laws in Arab countries to ensure feasible benefits for investors and the country hosting enterprises.... |
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| Accountancy skills boost for Bahrainis |
| Source : Gulf Daily News |
| Date : 2013-05-26 |
| A graduation ceremony was held yesterday for a second group of Bahraini professionals who benefited from Tamkeen's Accountancy, Finance and Islamic Finance Programmes.... |
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| Oman Arab Bank's ratings affirmed |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Oman Arab Bank (OAB)'s Financial Strength Rating at 'BBB+', underpinned by the significant increase in the capital... |
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| Brides of India jewellery fest across GCC |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| Malabar Gold and Diamonds, the leading jewellery retailer is back with the third volume of one of the most eagerly awaited campaigns in GCC for Indian Bridal Jewellery — "Brides... |
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| ICAI–Muscat Chapter to host GCC International Conference |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| The Institute of Chartered Accountants of India (ICAI) — Muscat Chapter is organising its 5th Annual International Seminar on May 30-31, at Shangri-La's Barr al Jissah Resort and Spa on... |
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| Tax seminar to focus on filing of returns |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| Companies in Oman who follow the calendar year as their financial year are getting ready to file their first tax returns under the new Executive Regulations. The deadline for filing... |
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