Better express delivery service can now be expected as DHL Express, the world’s largest express delivery company, upgrades its fleet of trucks in Oman. DHL Expanding in Oman The investment of DHL in 19 new delivery trucks is valued at an estimated RO 175,000 ($455,000) and is expected to greatly increase the efficiency and cost-effectiveness…
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Omani Marriage Support Fund To Come Before Sultan for Approval
A final draft of a report recommending the creation of a “Marriage Support Fund” in Oman will go before the Sultan for its final approval. Council of People’s Representatives The report was honed by the elected council of people’s representatives. The report has gone through several drafts and was at last given its final form…
GCC To Support Yemeni Refugees if Need Arises
The Gulf Cooperation Council (GCC) is entering a new stage in its development as it celebrates 30 years since its founding. GCC Determined to Stay United The Omani Minister of Foreign Affairs, Yusuf bin Alawi bin Abdullah, released a statement to the press affirming the unity felt among the governments of the GCC countries in…
Duqm Economic Zone on Cusp of Large Development
A new economic zone of development is being established in Oman’s northern Al Wusta region. Analysts are predicting that the area will attract between $10 and $15 billion in direct investment over the next ten years. Boosts GDP and Number of Jobs Darwish bin Ismail Al Balushi, the minister of financial affairs for the Sultanate,…
Oman Considering First Major Solar Energy Project
All that is needed to get a large solar energy power project started in Oman is approval from the government. If approval is granted this project will be Oman’s first major grid-connected solar power project. The project in question is planned to have the capacity to produce 200 megawatts of power, and approval is expected…
Oman Subsidizing Purchase of Boats for Fishermen
In a move designed to help the fishing industry of the Sultanate, the minister of agriculture and fisheries announced his approval of subsidies which will pave the way for fishermen to make purchases of the equipment they need to ply their trade. Subsidies Will Help Fishing Industry Dr. Fuad bin Ja’afar Sajwani issued his decision…
Talmiz Ahmad’s ‘Children of Abraham’ to be Launched in Oman
There will be a book launch at WH Smith, Jawaharat Al Shatti, on Saturday for the newly published Children of Abraham: The Clash of Messianic Militarisms, written by Talmiz Ahmad, who was the former ambassador to Oman representing India. High Praise for “Children of Abraham” Children of Abraham was published last year and is considered…
Solid Growth Expected for Broadband Market in Oman
Ross Cormack, Chief Executive Officer for Nawras, a telecommunications firm in Oman, said that strong growth in the broadband market can be expected as more and more technology-savvy businessmen are demanding state-of-the-art technology in order to successfully compete in the world market-place. Demand at Work and Home More businessmen and others in Oman want to…
AIWA Awards for Business Achievement Set for May 30th in Oman
As Oman continues to grow as a world class capital of business and finance new methods of ranking the best businesses are being established to help investors and businessmen make their crucial financial decisions. Awards for Oman’s Best Businesses One such important innovation is the upcoming awards ceremony sponsored by the Alam al-Iktisaad Wal A’mal…
Royal Decree Paves Way for Islamic Banks in Oman
Despite the fact that the Middle East is where the heart of Islam lies, the Islamic banking sector is still a weak spot, especially when compared with the flourishing Islamic financial markets in Muslim south Asia. New Financial Products in Middle East There is no question that recent events in the Middle East which have…