updated Mon. January 8, 2024
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Muscat Daily
January 18, 2018
If Oman's state-owned companies choose to be listed on the Muscat Securities Market (MSM), it will help them to improve efficiency and profitability apart from ... The government also launched a privatisation scheme, under which six state-owned enterprises are planned for privatisation this year, the budgetÃÂ ...
gulfnews.com
January 18, 2018
Rather than make a scene or turn to the police, Temtemi chose to raise his complaint in Omani tradition: through the local “sabla”, or council. ... or interlocutor, functions as a conduit to the government, often feeling out sentiment on domestic policy changes, such as recent healthcare privatisation proposals.
Times of Oman
January 15, 2018
Islamabad: Pakistan will try to privatise its national airline before general elections due this year, privatisation minister Daniyal Aziz said, as the ruling ... But Aziz, chairman of the Privatisation Commission, told Reuters that new plans have been drawn up to sell off PIA and he would take the proposals to theÃÂ ...
Times of Oman
January 9, 2018
“One of the aims of AER is to privatise the distribution and supply of power. Oman has already privatised the generation of electricity, and now, this step will help increase efficiency and competition and remove the monopoly in the supply business,” said Qais Al Zakwani, executive director of AER.
The National
January 4, 2018
NMC said in December it is looking to invest $800m in the Arabian Gulf and beyond from 2018 as it banks on sector growth because of privatisation of the healthcare sector in Saudi Arabia and the roll-out of mandatory health insurance in Dubai and Oman. The company's $800m "war chest" includesÃÂ ...
Muscat Daily
January 3, 2018
Despite the financial and economic challenges posed by weak oil prices affecting investment activities and capital markets in the region, the budget statement said Oman's privatisation scheme is continued. 'This scheme is essential to promote and expand participation of private sector in the economicÃÂ ...
The Daily Star
January 2, 2018
That strategy has not reassured rating agencies. Last month, Fitch Ratings cut Oman by one notch to BBB-minus - just above junk territory - with a negative outlook, citing the budget deficit. Standard & Poor's already rates Omani debt as junk. Of the projected 3 billion rial deficit in 2018, 500 million rials is toÃÂ ...
Times of Oman
January 2, 2018
These projects include oil and gas production, transport infrastructure, and other plans that will yield benefits to the Omani economy in the future. ... not name the companies that are to be privatised, the Ministry made its intentions clear on its expectation from the private sector in the development of Oman.
gulfnews.com
December 19, 2017
He said he sees opportunities in 2018 from increased government spending in Abu Dhabi, mandatory health insurance reforms in Dubai and Oman and the privatisation of the health care market in Saudi Arabia. The $800 million includes $500 million from cash and funded facilities and $300 million fromÃÂ ...
Oxford Business Group
October 26, 2017
The Oman Environmental Services Holding Company – also known as Be'ah – is close to completing the transfer of waste management ...
Times of Oman
October 25, 2017
And high costs at India's privatized airports are burdening the industry. The challenge for governments is to ensure sufficient capacity that is ...
Times of Oman
October 25, 2017
Just like my fellow Omani citizens, who are keen to witness our country's ... to privatize the management of Oman's natural and protected areas.
Oman Tribune
October 24, 2017
Oman Electricity Holding Company is in the process of raising a $2 ... that also includes privatisations, financial restructurings and IPOs of state ...
Times of Oman
October 11, 2017
Most of the PPP projects planned are in the Gulf Cooperation Council (GCC), with Saudi Arabia announcing extensive privatisation plans in its ...
THE BUSINESS TIMES
October 3, 2017
... advice on a privatisation bid by Rotary's controlling shareholders, the ... Chia family and Oman Investment Fund, which is part of the Omani ... The Chias and the Omani fund control about 60.6 per cent of Rotary's shares.
Muscat Daily
October 2, 2017
Oman is looking for privatisation of its varied natural as well as heritage sites by opening up the sector to private investors. The move is aimed ...
Times of Oman
December 31, 1999
Until recently, the so-called Washington Consensus, with its emphasis on liberalisation, deregulation, and privatisation, shaped economic ...
Oman Tribune
December 31, 1999
The result may be a fresh emphasis on raising money from the Aramco sale and other privatisation exercises, until the economy recovers ...
Financial Tribune
September 7, 2017
A s Iran pushes reforms to privatize its economy and improve the business ... business figures and government officials as well as Omani officials, including Salem Al-Ismaily, the sultanate's chairman and CEO of Oman PublicÃÂ ...
Times of Oman
August 26, 2017
Meanwhile, the education ministry has hired HSBC as financial adviser for its plans to privatise construction and management of schoolÃÂ ...
Times of India
August 22, 2017
Middle East Crude-Mixed; Stronger Oman, but Dubai eases ... late on Monday, as part of efforts to speed up the privatisation of state firms.
Muscat Daily
August 21, 2017
The main topics of the discussion included, Oman's aim to maintain a 2.5 ... and privatisation of electricity distribution, TBY said in a press release. ... costs in Sohar and Salalah, and the 100 Omani CEO Program which aims toÃÂ ...
Oman Tribune
August 20, 2017
Earlier, the government has hired Goldman to manage the sale of a stake in Riyadh airport, the first major privatisation of an airport in theÃÂ ...
Hindu Business Line
August 17, 2017
It talks about reforms such as privatisation/disinvestment of Air India, creation ... Saudi Arabia, Qatar, Oman, Singapore, Malaysia and Thailand.
Oman Tribune
August 15, 2017
Accelerated privatisation programmes and issuance of initial public offering by insurance companies by the end of August 2017 are expected toÃÂ ...
Times of Oman
August 12, 2017
... trading volumes, and will be likely to help them win listings from other Gulf states which are looking to part-privatise their commodity assets.
Firstpost
August 11, 2017
“Reforms such as privatisation/ disinvestment of Air India, creation of ... are the Gulf countries of UAE, Saudi Arabia, Qatar, Oman and the SouthÃÂ ...
Telegraph.co.uk
August 8, 2017
Roman Abramovich, the Russian oligarch and owner of Chelsea FC, ... in the Russian privatisation boom, and their marriage lasted 16 years.
Times of Oman
August 7, 2017
... decades, by pushing for increased privatisation and narrowly defined educational outcomes and accountability based on excessive testing.
Oman Tribune
July 18, 2017
India's flag carrier is on the block after Prime Minister Narendra Modi's cabinet last month approved plans to privatise the loss-making airlineÃÂ ...
Times of Oman
July 17, 2017
Muscat: Oman's total budget expenditure fell by 5.8 per cent to OMR12 ... in oil revenues (actual price of Omani oil averaged at about $40 per barrel ... include privatisation of government entities, increase in corporate incomeÃÂ ...
Financial Express
July 13, 2017
After Prime Minsiter Narendra Modi led NDA government put loss-making national carrier Air India on the block, rumours about who willÃÂ ...
Oman Tribune
July 10, 2017
Nama Group is to appoint a consultant to provide advisory services for privatisation of its subsidiaries. The group, which was in the final stagesÃÂ ...
Oman Tribune
December 31, 1999
Sri Lanka on Wednesday announced plans to sell off two state-owned luxury hotel companies following its billion-dollar privatisation of aÃÂ ...
Zawya
March 16, 2017
Muscat: Oman government's disinvestment of 49 per cent stake in state-owned Muscat Electricity Distribution Company (MEDC) by way of an initial public offering (IPO) is expected before June this year, a top-level official at the Capital Market ...
Business Mirror
March 14, 2017
THE Metropolitan Waterworks and Sewerage System (MWSS), one of the oldest waterworks sewerage services in Asia, has advanced over the past couple of decades and it is leading the way in the successful stewardship of public-private partnership (PPP)ÃÂ ...
Times of Oman
March 14, 2017
Muscat: Oman government's disinvestment of 49 per cent stake in state-owned Muscat Electricity Distribution Company (MEDC) by way of an initial public offering (IPO) is expected before June this year, a top-level official at the Capital Market ...
The Peninsula Qatar
March 13, 2017
Governments in the Middle East are committed to energy reforms and have implemented energy reducing tactics, such as in Oman, where subsidiaries were removed and cost-reflective tariffs were introduced for customers using more than 150 MWh of ...
The Standard
March 12, 2017
Apart from BBWSS, other shortlisted projects are the Aqaba Desalination Plant Financing in Jordan, Barka 4 IWP Financing in Oman, and the Vista Ridge Pipeline Financing in the United States. BBWSS' ... FVR also called for the reorganization of the MWSS ...
Times of Oman
March 12, 2017
The election result has ended plans for several asset sales that Labor campaigned against, including a proposal to sell a majority stake in the A$15 billion ($11.3 billion) Western Power electricity grid through a public float along with privatisation ...
ch-aviation
March 8, 2017
Speaking to the Botswana Guardian newspaper, Fraser said the process would only be resumed once the recently initiated privatization process had been completed. The government-owned carrier currently operates a fleet of three ATR42-500s and oneÃÂ ...
Times of Oman
March 8, 2017
Abu Dhabi/Dubai/Riyadh: A partnership of US agribusiness giant Archer Daniels Midland (ADM) and Saudi foods group Almarai is among potential bidders for Saudi Grains Organisation's milling operations, the kingdom's sole supplier, sources aware of theÃÂ ...
ch-aviation
March 7, 2017
Speaking to the Botswana Guardian newspaper, Fraser said the process would only be resumed once the recently initiated privatization process had been completed. The government-owned carrier currently operates a fleet of three ATR42-500s and oneÃÂ ...
Times of Oman
March 1, 2017
Private-sector banks managed to extricate themselves from such mistakes handily. If state-owned banks didn't, it's pretty obvious why.
ch-aviation
February 28, 2017
A4O-SC will be used on Oman Air's European and Far-Eastern sectors. As previously reported, schedule data indicates that effective March 1, 2017, the Omani carrier will tentatively deploy the widebody twinjet on daily flights between Muscat and BangkokÃÂ ...
Arab News
February 26, 2017
No one is going to visit Saudi Arabia. they will always go to the UAE or Oman before Saudi. So Saudi Arabia should address this issue if they want anyone of consequence to come for a visit.
Times of India
February 22, 2017
DUBAI, Feb 22 (Reuters) - Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.
Times of Oman
February 21, 2017
... on house in Oman ÷ Sheikh Sabah meets GCC ambassadors in Oman ÷ His Majesty Sultan Qaboos sends greetings to Governor-General of Saint Lucia ÷ Free buses to the book fair: Mwasalat ÷ #OmanPride: German photographer captures Omani moods.
Zawya
February 20, 2017
Dubai: The adverse impact of rapid pace of fiscal reforms, primarily from spending cuts by governments, government related entities (GREs) followed by increased utility tariffs, energy costs and higher government fees are expected to moderate economicÃÂ ...
Zawya
February 20, 2017
In an effort to improve its finances, which have been marred by low oil prices, Oman is planning to come up with the most extensive tax reforms till date as part of its commitment to balance the budget by 2020.
