The number of citizens receiving low-cost housing grants and loans increased from 782 in 2010 to over 6,000 by 2012, the total value of which stood at RO134mn, according to a report by the National Center for Statistics and Information (NCSI).
India, the world's biggest democracy, announced Wednesday the start of national elections on April 7 that are expected to bring Hindu nationalist Narendra Modi to power on a platform of economic revival.
Turkish construction conglomerate Sezai Turkes-Feyzi Akkaya (STFA) has been awarded the Khasab-Tibat coastal road project in the Musandam governorate for a total value of RO41.99mn by the Ministry of Transport and Communication.
Bilateral trade between Oman and China reached US$23bn in 2013, with around US$20bn of the total trade coming from the oil and gas sector, while other products contributed around US$3bn, according to Chinese officials on Tuesday.
Eng Samih Sawiris, chairman, Orascom Development Holding (ODH) has announced his intention to acquire stakes in two leading German tour operators, Raiffeisen Touristik Group GmbH (RT) and FTI Touristik GmbH (FTI).
The general index of the Muscat Securities Market (MSM) closed at 7,097.54 points on Tuesday, marginally up by 0.01 per cent compared with the closing on Monday, mainly supported by Omani institutional investors.
Meethaq, the Islamic banking service from Bank Muscat, opened a new branch in Ibri, marking the foray of Islamic banking services in the governorate of Dhahirah. Sheikh Saleh bin Diyab al Rubayai, Wali of Ibri, was the guest of honour.