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DUBAI May 24 (Reuters) - Oman has temporarily halted a merger between HSBC's operations in the Gulf Arab state and Oman International Bank due to a lawsuit against the British lender, a source familiar with the matter said on Thursday.
May 24, 2012 at 06:25 | Source: Reuters UK
MUSCAT May 26 (Reuters) - Omani lender Bank Nizwa, the sultanate's first Islamic bank, attracted 681 million rials ($1.77 billion) of bids in its initial public offer of shares, 11 times the sum which it was raising, the lead manager for the IPO ...
May 26, 2012 at 09:14 | Source: Reuters
MUSCAT (Reuters) - Oman's Sultan Qaboos bin Said rules his perch on one of the world's busiest shipping lanes as an absolute monarch, without checks from a parliament or judiciary. But at 71, he has not named a successor, and with much of the ...
May 24, 2012 at 10:14 | Source: Reuters UK
MUSCAT, Oman, May 26 (UPI) -- An Omani student delegation participated in a conference chaired by the United Nations in Beirut on peace and security, officials said Saturday. Arab News said on Saturday students from the renowned Sultan School ...
May 26, 2012 at 17:35 | Source: United Press International
MUSCAT, Oman, May 24 (UPI) -- Oman's Ministry of Commerce and Industry halted HSBC Oman bank's merger with Oman International Bank following an objection by a businessman, officials said. The Times of Oman reported Thursday minutes from the ...
May 24, 2012 at 20:30 | Source: United Press International
Qatar’s QE Index (DSM) decreased less than 0.1 percent to 8,462.91 at the 1 p.m. close in Doha, trimming the gain for the week to 0.1 percent. Dubai’s benchmark DFM General Index (DFMGI) was little changed, while Abu Dhabi’s measure lost 0 ...
May 24, 2012 at 11:11 | Source: Bloomberg
COPENHAGEN (Reuters) - Pirates in the Gulf of Oman attacked the Maersk Texas, a U.S.-flagged cargo ship, but onboard guards repelled them, Maersk Line Ltd, a unit of Danish shipping and oil group A.P. Moller-Maersk, said on Wednesday. The attack on the ...
May 24, 2012 at 04:09 | Source: YAHOO!
SINGAPORE: Oman Trading International (OTI) has sold what could be its first diesel cargo into India, as the company looks to expand its trading activities into Asia, industry sources said on Friday. The company, which is a joint venture between ...
May 18, 2012 at 10:21 | Source: DAWN Group
While the eyes of Asia are fixed on Australia’s looming World Cup qualifying heavyweight clash with Japan in Brisbane, Josh Kennedy is more worried about the Socceroos’ first-up challenge in Oman. The final phase of Australia’s World Cup ...
May 24, 2012 at 05:49 | Source: The Roar
SINGAPORE, May 23 (Reuters) - The Middle East crude market remained sluggish on Thursday as oversupply and poor demand weighed on prices. July-loading Abu Dhabi Murban crude was valued at a discount of around 30-40 cents to the official selling ...
May 24, 2012 at 11:40 | Source: Reuters