BUSINESS NEWS

GCC countries raise over $30bn in eurobonds in first half of 2018: IIF

Muscat - 

GCC countries are seeing an increase in foreign capital flows this year and the main source of inflows remains sovereign bond issuance, according to the Institute of International Finance (IIF).

Euromoney survey names HSBC Oman as Best Domestic Cash Manager for Corporates

Muscat - 

HSBC Bank Oman was named the ‘Best Domestic Cash Manager for Corporates’ in Oman in the Euromoney’s cash management survey 2018 for the seventh consecutive year. HSBC Bank Middle East Limited was also ranked as the Best Cash Manager in the Middle East region.

Bahraini delegation explores investment opportunities in Oman

Bahraini delegation explores investment opportunities in Oman
Muscat - 

With aspiration of getting familiarised with the investment climate in Oman, a delegation representing Bahrain Chamber of Commerce and Industry on Tuesday visited the Public Establishment for Industrial Estates (PEIE).

CBO board holds third meeting of 2018

CBO board holds third meeting of 2018
Muscat - 

The Central Bank of Oman’s (CBO) board of governors held its third meeting of the year on Sunday under the chairmanship of H E Sultan bin Salim bin Said al Habsi, deputy chairman of the board of governors. The meeting was held at the CBO headquarters.

Moody’s assigns first-time B1 ratings to OCTAL

Moody’s assigns first-time B1 ratings to OCTAL
Muscat - 

Moody’s Investors Service has assigned a B1 corporate family rating and B1-PD probability of default rating to OCTAL Holding SAOC.

NBFCs face challenges as assets decline and NPLs rise, says CBO

Muscat - 

Oman’s non-banking finance companies (NBFCs), also known as finance and leasing companies (FLCs), are undergoing challenging times as the slowdown in their assets growth, declining margins and increasing non-performing loans (NPLs) may put further pressure on profitability, according to the Central Bank of Oman (CBO).

OCCI to organise specialised VAT seminar on Tuesday

Muscat - 

The Oman Chamber of Commerce and Industry (OCCI) will organise its first specialised seminar on value added tax (VAT) on Tuesday.

Oman’s economic growth poised for a rebound in 2018: CBO

Oman’s economic growth poised for a rebound in 2018: CBO

Muscat - 

On back of higher than budgeted oil prices this year and benefits from the government’s diversification policy, Oman’s economy is well poised for a rebound in 2018, the Central Bank of Oman (CBO) has said.



Muscat daily recycle
COLUMNS

Should parents even try to be cool?

Years ago, I remember being at this new place in town that had opened up at the Crowne Plaza – Zouk. It was opening night, the place was filled with people ranging in age from 21 to 65, and we were all having a great time.