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MSM rally continues   

Oman Daily Observer - 16 August, 2012

Muscat Securities Market (MSM) general index 30 yesterday added 10 points to close at 5,509 points, constituting a rise by 0.18 per cent. The trading value yesterday stood at RO 4.7 million, comprising a rise by 10.89 per cent compared to the last session, which stood at RO 4.2 million.

The market value rose by 0.07 per cent to reach about RO 11.1 billion.

MSM report pointed out that the value of shares bought by non-Omani investors reached RO 551,000, comprising 11.78 per cent. The value of shares sold by non-Omani investors reached RO 564,000 comprising 12.08 per cent. The net non-Omani investment declined by 0.29 per cent to RO 14,000.

The total revenue of MSM 30 Index companies including investment holding companies reached RO 752.833 million for the first quarter of the current fiscal, registering an increase of 4.2 per cent on a year on year basis.
 
Etihad eyes equity stake in Serbia's JAT Airways
Source : Gulf Times  
Date : 2013-06-18
The UAE's Etihad Airways has signed a preliminary agreement with the Serbian government over a possible equity investment in the Balkan country’s loss-making JAT Airways....
Celebrating the benefits of liquefied natural gas in Oman
Source : Oman Daily Observer  
Date : 2013-06-18
Every February, for more than a decade now, Oman LNG has organised exuberant festivities to commemorate His Majesty's Royal Decree issued on February 9, 1994. The Decree essentially paved the...
Oman floats tender for rail project management package
Source : Oman Daily Observer  
Date : 2013-06-18
A keenly-awaited tender seeking the appointment of a Project Management Consultant (PMC) for the Oman National Rail Project was floated here yesterday, marking yet another key step in the implementation...
Ways to enhance agricultural output discussed
Source : Oman Daily Observer  
Date : 2013-06-18
The Food and Water Security Committee at Majlis Ash'shura yesterday held a meeting under the chair of Sultan bin Majid al Abri, Head of the Committee....
Oman Air and Travelport announce new seat assignment booking
Source : Oman Daily Observer  
Date : 2013-06-18
Travel agents booking Oman Air via Travelport's Galileo and Worldspan distribution systems will now be able to benefit from new functionality, which allows them to manage the seat selection process...
Knowledge portal launch today
Source : Oman Daily Observer  
Date : 2013-06-18
The Knowledge Portal of the Sultanate of Oman, which is the sixth in the series of portals of libraries of the countries participating with the Centre of Unified Arab Index,...
Cargolux to fly Muscat-Luxemburg on Saturdays
Source : Oman Daily Observer  
Date : 2013-06-18
Cargolux, one of the leading providers of airfreight services in the world, will operate on June 29 its first direct flight through Muscat International Airport....
Social media indispensable, but balance needed
Source : Oman Daily Observer  
Date : 2013-06-18
The 2nd Social Networking Forum, organised by the Ministry of Social Development, kicked off yesterday at Ibri College of Applied Sciences under the auspices of Dr Abdulmunim bin Mansour bin...
Arabtec-led joint venture to build Dh4b Astana project
Source : Khaleej Times  
Date : 2013-06-18
Abu Dhabi’s Aldar Properties has awarded a Dh4 billion contract to an Arabtec-led joint venture to build a mixed used realty project in Kazakhstan’s capital Astana....
Agreement inked to develop Dubai as world's fashion hub
Source : Khaleej Times  
Date : 2013-06-18
The General Secretariat of the Executive Council of Dubai recently signed a Memorandum of Understanding (MoU) with the Dubai Technology and Media Free Zone Authority (DTMFZA) to create and develop...
Hukoomi portal sees 1.1mn transactions in five months
Source : Gulf Times  
Date : 2013-06-18
Hassan al-Sayid, assistant secretary-general (IT sector, ICT government programmes) at the Supreme Council of Information and Communication Technology (ictQATAR), has said the Hukoomi portal has recorded nearly 1.12mn transactions in...
Prince Alwaleed wants to tie up with Emaar to build the mile-high tower
Source : Emirates 24/7  
Date : 2013-06-18
Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London and New York, as possible locations to build a mile-high skyscraper...
Women playing vital role in Bahrain's economy
Source : Gulf Daily News  
Date : 2013-06-18
Women are playing an increasingly important role in Bahrain's economy, particularly in the private sector, according to a major report by the Economic Development Board (EDB)....
UAE revives plan to merge bourses
Source : Gulf Daily News  
Date : 2013-06-18
The UAE has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment...
Zain Bahrain launches new premium service
Source : Gulf Daily News  
Date : 2013-06-18
Zain Bahrain has launched "Signature", a new premium service platform, as it seeks an edge in the fiercely competitive domestic telecom market....
Parliament panel approves budget
Source : Gulf Daily News  
Date : 2013-06-18
Bahrain's delayed national budget received the green light from parliament's financial and economic affairs committee yesterday....
Warning not to waste food during Ramadan
Source : Gulf Daily News  
Date : 2013-06-18
About 25 per cent of food purchased in Bahrain during Ramadan will be thrown away, according to a top environmentalist....
New 'green' plan
Source : Gulf Daily News  
Date : 2013-06-18
A three-phase "green" plan has been introduced to tackle Bahrain's spiralling energy and water consumption....
Dust haze is set to continue
Source : Gulf Daily News  
Date : 2013-06-18
Dusty conditions affecting Bahrain could continue for another three weeks....
Premier steps in to help sickle cell victims
Source : Gulf Daily News  
Date : 2013-06-18
The Premier has instructed the Health Ministry to devise an effective system to reduce the waiting time for sickle cell patients in severe pain....
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