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Oman   Editor: Sue Hutton
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Some new rings of power as the Gulf enters a third age

11:19 AM Jul 26th
• " Occidental enjoys a close relationship with Mubadala Development, a strategic investment company owned by the Abu Dhabi Government, through joint ventures in Bahrain, Oman and through the emirate%u2019s gas supplier Dolphin Energy. Occidental won deals for two small fields in October 2008." …full story

Raysut Cement reduces prices

6:55 PM Jul 25th
• due to competition from UAE suppliers …full story

Moodys sees Oman banking system stable for moment

6:41 PM Jul 25th
• high risk of contagion because country's wealth in hands of a few groups which are exposed to all large banks in country …full story

Construction of luxury Oman resort to start in Nov

5:16 AM Jul 25th
• 106 one, two, and three bedroom chalets, most with their own courtyard swimming pools.
• The main hotel building will house 30 guest rooms, recreation facilities, spa, F&B outlets and function areas.
• somewhere in Dhofar …full story

GCC defence spending seen rising 20% by 2015

5:15 PM Jul 12th
• including Oman, now classified along with Bahrain as not having the same amount of cash as the other GCC states …full story

Oman Inc. giants on a hunting spree

6:07 PM Jul 9th
• "The latest proposal to get permission from market watchdog Capital Market Authority (CMA) is a move by Dr Omer bin Abdul Muniem Al Zawawi for raising his personal and affiliated companies%u2019 holding in Oman National Engineering and Investment Company to 35 per cent. "
• "This is close on the heels of a series of similar proposals from companies like Oman Telecommunications Company (Omantel), Oman & Emirates Investment Holding Company, Oman Investment and Finance Company and Al Anwar Holding for acquiring stakes in listed firms. " …full story

Erring drivers in Oman to spend 48 hours in lock-up

4:48 AM Jul 6th
• Those who "speed, jump traffic lights, drive on the hard shoulder and drive without a licence would now spend between 24 and 48 hours in a lock-up" …full story

Omantel takes crucial step in crowded sector

4:23 AM Jul 6th
• Omantel has increased its stake in Oman Fiber Optics to 40% from 25%. Oman and Emirate Investment Holdings has also bought 5% in the company. Oman Fiber Optics is the only manufacturer in Oman of fibre optic cables …full story

Eight per cent rise in GSM subscribers in six months

5:53 PM Jul 3rd
• 3,970,563 by the end of 2009, rising to 4,287,011 by end of June …full story

New Natural History Museum opens on Masirah Island

5:48 PM Jul 3rd
• at Swiss-Belhotel Resort. As well as being a tourist feature, it aims to educate local population about the local habitat. One of the largest nesting places for olive ridley, hawksbill, green and loggerhead turtles in the world …full story

Consumerism poses chronic problem weighing on families and economies

5:44 PM Jul 3rd
• Omanis getting into debt because of excessive consumer demand. Results of family expenditure survey published by Ministry of National Economy …full story

Blue City project tests waters again

6:16 PM Jun 30th
• outcome of ownership dispute expected imminently from Supreme Court. Meanwhile, potential developers want more money to carry on …full story

Muscat Airport sees 30pc rise in passenger traffic

12:08 PM Jun 27th
• the real aviation growth globally occurring with Emirates Airlines in Dubai, Etihad in Abu Dhabi and Qatar Airlines …full story

Pact protects goats, Sharqiyah herdsmen

11:55 AM Jun 27th
• between Ministry of Agriculture and Oman LNG …full story

Oman's leader orders sea bridge construction

11:05 AM Jun 27th
• suggested that the idea came about because of the need to evacuate the island before the onset of Cyclone Phet. Except there are some treacherous currents between the island and the mainland, and it takes 90 minutes to cross on a small ferry. Some wondrous engineering would be needed …full story

Iran-Oman border guards sign cooperation agreement

11:12 AM Jun 23rd
• extraditing straying fishermen back to country of origin, which might refer to the smugglers who cross between Iran and Khasab in northern Oman.
• Also intensification of anti-drug missions within common sea border, exchanging border information, and prevention of organized crime …full story

Oman on 6 meters

5:24 AM Jun 23rd
• From the International Amateur Radio Union. It's rumoured that Sultan Qaboos has an interest in amateur radio …full story

Omani mother sets sight on Africa%u2019s highest mountain

7:00 PM Jun 20th
• Two friends setting out to climb Mount Kilimanjaro in bid to raise awareness of high traffic accident rates and the need to put children into special car seats when driving …full story

Third high-speed ferry to join fleet

4:49 PM Jun 18th
• initially to operate between Masirah Island and the mainland …full story

Transfer of geological, marine artefacts illegal: MECA

2:18 PM Jun 16th
• Export of meteorites, archaeological artefacts, fossils and rock specimens is smuggling …full story

ECGA indemnifies claim for loss to Oman Ceramics

10:31 AM Jun 16th
• "non-payment of export sales of manufactured sanitaryware items to a buyer in the United Kingdom." …full story

Oman launches research project to study natural hazards

10:25 AM Jun 16th
• "short and long-term changes and potential geohazards such as storms and tsunamis along Oman%u2019s coastline"
• coastal evolution …full story

India delaying $100-mn joint investment fund, says Oman

2:36 PM Jun 14th
• JV originally agreed between India and Oman in 2008 but bureaucracy in India has held things up. Signing hoped for in mid-July …full story

Oman looks to jump start $1.7bn Yiti project

2:31 PM Jun 14th
• CEO of Omran, the Oman Tourism Ministry's investment arm, told reporters that the project would restart, with funding reorganised. Last month, Sama Dubai, part of troubled Dubai Holdings, announced that it was pulling out of the development …full story

Dar Al Atta%u2019a helps Cyclone Phet victims to reclaim loss

7:50 AM Jun 13th
• Quriyat and Sur were again the worst affected areas, as in Cyclone Gonu in June 2007.
• 50 young people from the Omani charity Dar Al Atta'a have taken basic supplies to victims …full story

Oman to make Mideast's 1st electric car

7:32 AM Jun 13th
• Parts manufactured in Japan, America, Germany and Hong Kong.
• Who will actually assemble the 120 cars a year in Oman …full story

Ahmad Al Harthy out of Le Mans race

7:25 AM Jun 13th
• "Oman's number one racing driver is fourth overall in the Pro-Am 1 Class driver standings with three podium finishes to his credit." …full story

New hope for troubled Blue City

6:23 AM Jun 13th
• Essdar Capital taking control
• Focus will be tourism
• Richard Russell, CEO of BCC1, blamed negative publicity, amongst other issues, for failure of project with ASIT …full story

DME looking into swaps to break Dubai price%u2019s hold

10:30 AM Jun 12th
• "DME plans to introduce Oman crude-based swaps contracts to woo Asian refiners away from Dubai-linked derivatives sold in the over-the-counter market." …full story

BG pulls out of Oman field

3:55 AM Jun 12th
• British Gas rumoured to have disagreed with Oman govt over price for gas. Tight gas field, meaning recovery difficult …full story

Doing Business in Oman %u2013 The Three Business Structures Foreign Companies Can Use

5:28 PM Jun 11th
• 1. Form Omani company with local partner
• 2. Engage a local agent
• 3. Establish a branch in Oman …full story

Larijani: US playing amateurish game

5:23 PM Jun 11th
• statement from Iranian parliamentary speaker in conference with Oman's chairman of Majlis Ash Shura …full story

Larijani: US playing amateurish game

5:22 PM Jun 11th
• in press conference with Oman's chairman of Majlis Ash Shura …full story

Envoy: Iran's Scientific Progress Irreversible

5:54 PM Jun 10th
• Hossein Noushabadi, Iran's Ambassador to Oman, said in a press conference in Muscat …full story