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7 November 2002
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:: Latest News
 
Alliance Housing Bank board reconstituted
Commercial banks maintain solid growth trajectory: CBO
Oil touches $76 again
Oman Air proposes 20-year development programme
Boeing to unveil ‘green’ Dreamliner on Sunday 

Google acquires Web-calling service GrandCentral

Blackstone to buy Hilton Hotels for $26b

Apple sells 525,000 iPhones

US Congress to retake trade authority from Bush

Mobile phone use to cross 3b mark globally

A’Sharqiya Investment plans stake in A’Sharqiya University

SREI to sell $50m Islamic bonds to Gulf investors

Al Hassan Engineering wins $40.9m contract for Salalah methanol project

No shortage of cement, say companies

JVC to integrate with Kenwood in 2008 

Kingfisher lines up $7b Airbus order

Qatar Airways confirms $16b deal with Airbus

London oil price hits 10-month high above $72

India’s investment in US tops $2 billion

Cyclone damage further shrinks cement supply

DI buys 50% of Al Qudra Sports 

UAE plans 100% foreign firm ownership 

Ericsson signs $1-billion China GSM contract

MSM reopens with 3.13% loss 

Apple new iPhone launch in June

Aeroflot to buy 22Boeing 787s

Toyota bests Ford again as number 2 in US

Google buys FeedBurner

RO 60.2 m Galfar IPO to hit market on Aug. 12

Robert Zoellick to head World Bank

World Islamic Economic Forum meet in Malaysia

Euro tunnel gets new lease of life
Ex-Wal-Mart exec accuses CEO of ethics breach
China Eastern to sell 25% stake to SIA
Kuwait’s move may stall Gulf single currency plans
Texas Pacific, Goldman Sachs to buy Alltel
Sharp to build largest LCD factory in Japan
BA net falls 36%
Sony predicts profit surge after big quarterly loss
Ominvest posts RO 4.9 million net profit
Cerberus buys loss-making Chrysler
Alliance Housing rejects BankMuscat bid
Oman 's gas output jumps 11.2%
Toyota registers record profit
BankMuscat makes bid for AHB
Qatari-Omani Investment Company launched

HSBC hikes capital to RO20m

Alcoa launches $33 billion for Alcan

TI to invest $1 bln in Philippines

Oman to offer two oil blocks for exploration

China, Ethiopia in $200mn telecom deal

Venezuela takes operations from big oil companies
HSBC sells London HQ in record property deal
Renaissance subsidiary bags $20m contract
US growth slows down to 1.3% in Q1

Billionaire to buy Strabag stake

Shell to develop methane terminal in France
Telecom Italia once again up for grabs
Tesco plans south China expansion
Microsoft, Lenovo to set up joint research centre
Carlyle-led consortium drops offer ASE
China could ink $12 bln in trade deals with US
China's economy may grow by 10.9pc
Foreign oil firms in Libya take local names

Govt’s income from oil declines

China's fifth-largest bank opens

Dubai Port completes sale of US operations

Mining giant plans regional base in Sohar

Cadbury Schweppes to split into two companies

Hyundai to build new plant

Viacom launches lawsuit against YouTube

Air Arabia to launch IPO

Kuwaiti leasing group buys 18 Boeing jets

China to build 37 airports

Oman Aviation net profit jumps 187pc

Govt plans to divest in OOMC

HSBC enters India's insurance market

Bank Sohar to be listed on MSM

Kuwaiti Company to buy Oman-based plant

Airbus to axe 7,700 jobs

Nissan joins $902m Indian car venture

ONGC Mittal to buy stake in Oman CPC

Telkom buys Africa Online

Tokyo, London bourses announce ties

Qatar launches mega gas-to-liquids project with Shell

Kuwait to reopen bidding for refinery project

Warner Music makes fresh bid for EMI

$1.94 bn Delhi airport revamp begins

Airbus likely to axe almost 12,000 jobs

Skoda Auto to make cheap car for Asian market

Nokia appoints 2nd distributor in Oman

Thai Airways to buy eight A330s

Eurozone’s clocks 2.7% growth

Toyota to build new Indian plant by 2010

Thomas Cook to buy MyTravel

Singapore Airlines’ results boost by one-off gains

Seeb airport to expand

IBM reduces stake in Lenovo

Oman Cement’s net profit up 14.3pc to RO 20.74 million

Former Caspian CEO to head BP’s Oman operations

Dell returns to company’s helm

Tata Steel wins Corus auction with $13.7 billion offer

World’s largest airport coming up in Dubai

Renaissance unit bags deals worth $18m

Kuwaiti retailer to open Starbucks outlets in Russia

Wood Group signs $92m deal

Yahoo set to debut ad software

Dolphin Energy to supply natural gas to Oman by next year

Singapore to cut corporate tax

Motorola announces 3,500 job cuts

Wipro earns $170m in Q3

BankMuscat acquires stake in BSE brokerage house

China’s CNPC to invest in Iran gas block

Qatar National Bank to open in Oman

Cisco appoints new country manager

Xbox outsells Wii, PlayStation 3

Apple introduces multimedia iPhone

NYSE buys stake in India’s NSE

BMW drives to record sales

Bank Sohar IPO raises RO120 million

Oil ends steepest slide in 2 years
FDI may hit 7-year low
Oman not to join GCC monetary union
Renault sales slide in 2006
New carrier to take off in July
Sheffield to invest $1.5bn
Kuwait surplus could reach $16bn
Orascom, Qtel Indian bid
Arecelor Mittal to acquire Mexican producer
Audi unit to begin production in India
Google enters website registry
Vedanta to raise $1.5b
Qantas accepts $8.7 billion takeover
Iran rakes in $36b from oil, gas sales
Tesco raises stake in Chinese joint venture
Singapore to manage Abu Dhabi airport
Consortium to build power plant in Oman
Corus accepts revised Tata Steel bid
Sohar Bank’s IPO opens
Rolls Royce Phantom launched
Sohar Bank’s IPO opens
Rolls Royce Phantom launched
OCI to lift authorised share capital to RO12m
GCC consortium acquires stake in Dhofar Power
Angola to join OPEC
EADS nod for A350 launch
VW profit skids in 3rd quarter
Govt revenue rises
ABN Amro pays $4.5 million
GIS plans RO 3 million rights issue
Pratt and Whitney signs $500mn deal
RO57.6m loan pact with Japan bank
Oman Oil Co forms joint venture
Time Warner to pull out of China cinema business
Sohar Bank’s IPO to be floated in December
Seven banks plan European stock market
Google closes deal to buy YouTube
Dell rolls out simplified computers
GAC plans expansion
Toyota’s H1 net profit up
Mittal tightens grip on Arcelor group
China to give Africa $5b in loans and credits
Turkish inflation rises in October
Dubai International Capital raises $600m loan
Govt revenues in Oman rises
Sony to sell world’s lightest notebook PC
Al Haremi appointed CEO of Oman Air
Oman Aviation profit up 7pc
OIB’s net profit soars by 13.9pc
Satyam reports sharp jump in profit
Regional IPOs to mop up $8b
Egyptian shares up, banks climb ahead of auction
Renaissance subsidiary wins $5.5m contract
Ferry service between Musandam to Muscat
Oman’s monetary position remains stable
BankMuscat launches picture credit card

NBO’s 9-month net climbs 88pc

4 Oman Oil picks up stake in Pakistan-based Power Company
4 New OCCI branches planned
4 Sohar Refinery to start commercial operations by month-end
4 Airbus plunges into deep trouble
4 AES Barka plans to return 40-50pc of par value
4 Banks’ net foreign assets climb 39pc
4 RO 108m projects for Buraimi & Mahda
4 WEF calls for greater ME presence
4 Greek Eurobank EFG buys 74.26pc of DZI Bank
4 Renaissance subsidiary wins $5.5m Atlantis contract
4 Govt, Daewoo Shipbuilding set to sign pact for Duqm dry dock
4 Suez Energy, Marubeni in shortlist for concession award
4 Sony slashes PlayStation 3 price
4 WB approves $70m grant to Lebanon
4 US, China to hold economic dialogue
4 IMF, WB call for urgent restart to trade talks
4 World Bank praises development of Oman
4 Boeing acquires 17pc stake in S Korean firm
4 Glaxo pioneers new European drug pricing model
4 IMF reforms fall short of expectations
4 G7 tells China to unleash Yuan
4 Toyota to boost overseas production
4 Microsoft unveils ‘Zune’ challenge
4 British, Chinese sign deals amid soaring Sino-Anglo trade
4 Oman Gas inks RO90.2m loan pact
4 Gold under $600 for first time in two months
4 Toshiba to build new LCD TV plant
4 Omani workforce in private sector up
4 OAB launches ‘Dhaman’ Bancassurance
4 US productivity up 1.6pc
4 HSBC Oman raises capital
4 Oman’s gas output up 28.2%
4 Ad spending in Oman rises 46%
4 Oman’s five banks post 31.7% rise
4 Google battles Microsoft with new tools
4 British economy grows by 0.8pc in second quarter
4 Japan consumer prices up 0.2pc
4 Apple Computer recalls 1.8 million laptop batteries
4 Dragonair shakes up set-up after Cathay deal
4 Oman’s monetary situation remains stable
4 Renaissance Services set to acquire 2 new vessels
4 Shinhan Financial to acquire LG Card
4

National Mining plans major investment

4 Renaissance Services posts RO 6.3m profit
4

$400 million Chinese property fund launched

4 Apple’s future on Nasdaq in jeopardy
4 Oman’s crude oil price up by 36.4 per cent
4 Ominvest’s net profit dips by 48pc
4 Oman Cement’s net profit soars 26pc
4 Oman’s Bank Sohar plans $51.6m IPO
4 Omantel Q2 net profit up 8.5pc
4 Galfar Engg plans to float IPO by Nov
4 New technology for waste water treatment
4 Leasing and hire purchase firms get three-year grace period
4 Jet Airways dives to $9m loss in Q1
4

Jet Airways begin Amritsar-London service

4 Intel launches new computer chips
4 Doha round freeze puts heat on WTO
4 AT and T posts 80pc jump in profit
4 Free trade pact to enable Oman to attract foreign investments
4 Indian central bank to raise rates to tame prices
4 Oman Cables profits up
4 Sohar Refinery exports first fuel oil shipment
4 BankMuscat’s net profit up by 33 per cent
4 Microsoft takes on Apple’s iPod
4

US Senate okays FTA with Oman

4 Videocon-led consortium to pursue further avenues for oil exploration
4 Generali to acquire rival
4 PDO, Ministry of Tourism sign agreement
4 Macki signs pact for 2 more ships
4 Bank of Beirut to begin operations
4 Turkmens threaten to cut gas supplies to Russia
4 Nokia, Siemens to merge telecoms activities
4 Omantel posts 18.7pc rise in net profits up to May ’06
4 BankMuscat signs agreement with Omania e-Commerce
4 Oman’s trade surplus climbs
4 Gates to focus on charity from 2008
4 Rise in Oman’s foreign trade
4 Renaissance Services subsidiary wins Gasco contract
4 BankMuscat Riyadh branch by Aug-Sep
4 French insurer AXA to buy Winterthur for $9.9bn
4 UAE economy grows 26pc
4 IFC provides BankMuscat with loan of $100 million
4 Infosys board to select Murthy's successor
4 Cathay Pacific takes over Dragonair
4 Seeb airport area to get new flyover
4 Port of Sohar receives first chemical tanker
4 RO43 m deal for Wadi Dayqah project
4 Jindal Steel set to invest $2.3b in Bolivia’s mines
4 Gold prices decline to one-month low
4 Glaxo pushes Pfizer OTC price over $15bn
4 AMD to invest $2.5bn
4 Indian shares dip 2.3pc on growth
4 Nagarjuna Construction wins Sohar water project
4 Saudi, Total sign $6bn refinery deal
4 CBO signs pact with Omantel
4 Mittal raises Arcelor bid to $30.7bn
4 Strict screening for recruitment of foreign labour
4 Oman Air set to add new aircraft
4 Eighth Oman Awards for Excellence presented
4 Omani firm joins Saudi-UAE-India JV on new brokerage entity
4 China’s trade surplus doubles in April
4 Kuwait unveils oil privatisation
4 Saudi Arabia to privatise stock market
4 Gold spurs S. Africa forex reserves
4 $7.4bn Disney, Pixar merger finalised
4 BenQ Siemens launches operations in Oman
4 Oil prices hover around $70
4 Shell gets go-ahead for Irish pipeline
4 Qatar to invest $5b to boost oil production
4 BankMuscat’s net profit soars 28pc
4

China eases capital and forex curbs

4

NBO’s net profit soars to RO 5.5m

4 Renaissance awards $14m contract
4 Sohar Bank to offer 40% stake to public
4 Gold prices hit 25-year high
4 Govt to invest $10-bn for oil field development
4 Oomco gets new MD
4 General Motors Corp. has conferred Moosa Abdul Rahman Hassan & Company LLC
4 Alcatel, Lucent announce merger to create new telecoms giant
4 Shell Oman net profit rises 40% in 2005
4 Major organisational shake-up at AXA Gulf
4 NMWC proposes 10% dividend
4 OIB to raise capital
4 Alcatel, Lucent confirm merger talks
4 Microsoft offers new concessions
4 Etihad Crystal Cargo to launch operations to Muscat
4 BankMuscat plans to float bonds
4 G8 split in energy security talks
4 Renaissance reports record turnover
4 Softbank enters cellphones market
4 L’Oreal buys Body Shop
4 Omantel invited to provide mobile service in Yemen
4 RO 100 million port expansion
4 Renaissance posts RO 13.93m net profit
4 New trading system of MSM next week
4 Etisalat takes control of Paktel
4 ICDL certification unified around the world
4 US productivity falls in fourth quarter
4 GCC, India to continue talks on free trade agreement
4 AT&T to buy BellSouth for $67 billion
4 Engelhard bags RO5m Sohar Refinery contract
4 Australia on way to be top gold producer
4 Omantel wins Deals of The Year award
4 DP World agrees to postpone US ports takeover
4 Oman passes property law
4 Major expansion at Sohar Port
4 Arab Inc. told to get ready to face WTO challenges
4 Oil exports decline 0.6%
4

BA to slash travel agency commission

4

Bank of China sells off 5pc stake to Temasek for $1.5b

4 Omantel net profit falls 5.76%
4 Arcapita net climbs to $104.3m
4 Shell Oman Marketing plans 1:10 stock split
4 Central Bank of Oman launches RTGS system
4 Majan College to split shares
4 DP World to acquire P and O
4

Gulf Air rules out merger possibility with Oman Air

4

Yahoo, AOL to charge firms for guaranteed email delivery

4

Gulf Air unveils $900 million investment plan

4

Oman Air records RO 1.1m net profit

4

Discovery of new oil fields by PDO

4 BankMuscat net climbs 33%
4 Indonesian firm to float 51% subsidiary in Oman
4 BankDhofar net soars to RO14.2 million
 

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May- 2012

Cover Story

EXHIBITING EXEMPLARY LEADERSHIP

OER presents its annual Oman’s Top 20 leading listed companies for the year 2011...

Editorial

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Recycle and reuse
 
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