Gross revenues for the NMC’s UAE and Oman business for H1 2021 stood at $611m
Participating universities will be announced over the coming months
Stakeholders across local and regional countries are keen to pursue sustainable fuels
All commercial activities and the movement of individuals and vehicles are banned during the Eid Al Adha holidays
The two countries are signing agreements in a slew of fields including commerce, culture, investment promotion and post and transport
The Qatari lender last month had offered $128m to raise its holding to 50.1 per cent from 34.9 per cent
Sultan Haitham will meet with King Salman during his two-day visit on Sunday and Monday
Oman has also announced a complete lockdown in the country across three days of Eid Al Adha
The sultanate also issued a revised list of countries from where entry will be banned as a precautionary measure
Starting September 2021, the Investment Residency Programme will offer renewable five and ten-year visas subject to applicants meeting specific criteria
Its key features include over 350 retail outlets, a 15-screen VOX cinema and the country’s largest indoor snow park
The company is working with JPMorgan Chase & Co. as it considers selling a majority stake
Oman successfully tapped the international debt market in January, raising $3.25bn
It is aiming for its operations to become carbon neutral by the end of 2021
Oman’s land borders will be reopened with permission granted to Omanis and GCC citizens residing in the sultanate to cross them
Noor Al Sulaiti, who will replace Ian Dench, previously led Ooredoo unit Starlink
The project may cost around $30bn
The number of visitors to commercial complexes and restaurants will be capped at 50 per cent of capacity
The three-month long programme will commence in mid-July 2021 and is for ‘Seed to Series’ startups in the region
GCC states have the discretion to zero rate and exempt certain categories of supplies and Oman has used this discretion
The decision has been taken due to the increasing number of Covid-19 cases in the country
All commercial activities to be banned throughout the day with effect from Saturday, May 8 until the end of Saturday, May 15
Public revenue was OMR1.82bn at the end of March
OQ is tapping the international bond market for the first time in an issuance aimed at raising at least $500m
The ban will take effect from 6pm on Saturday, April 24
The sultanate has announced several guidelines to curb the spread of the virus
OQ is an integrated energy company with oil and gas exploration and production operations, refineries, a retail network and a large petrochemical business
The government has OMR1.83bn left to raise after so far borrowing OMR1.77bn and withdrawing OMR600m from the Oman Investment Authority
The sultanate also prohibited the entry of passengers who departed from or transited through the UK in the past 14 days
This move is to protect the UK against new variants of the coronavirus infection