Oman News

Muscat: While emotions run high over the removal of Indian School Muscat principal, the Indian schools' Board of Directors will convene a meeting today to discuss the issue, the BoD chairman said.

Muscat: The Office of the Majlis Al Shura yesterday held its meeting under the chairmanship of Khalid bin Hilal Al Ma'awali, chairman of the Majlis Al Shura.

Muscat: Oman Tourism Development Company , the investment arm of the government to develop tourism infrastructure, and its joint venture affiliates will add around 3,650 new hotel rooms in four and five star categories in the next five to seven years.

Muscat: The Ministry of Health has made elaborate arrangements to fight the novel coronavirus infections in Oman.

Helping hand: Times of Oman Reader's Club handed over OMR4,385 to support the ailing Grade XII student Jimesh Soni, who is undergoing treatment for brain tumour in India.

AIR Tanzania Company Limited resurgence plans by the Oman Investment consortium have reached a dead end as the investor never returned after meeting the officials of the national carrier last January.

Muscat: Sharqiyah Desalination Company , the first independent water project in the Sultanate that closed its OMR2.4 million initial public offering on June 13, might have oversubscribed by 12 to 13 times with the company mopping up around OMR12-13 million, market sources said.

Nova Medical Centers, a leading global health and medical provider, will be participating for the first time in the third MedHealth & Wellness Exhibition, which will take place from September 23 to 25 at the Oman International Exhibition Center.

According to the Tender Board website, several multinational players are vying for the preliminary design work linked to the prestigious project.

Helped by moderating global commodity prices and a strong US dollar, to which Oman keeps its currency pegged, the sultanate's annual inflation fell to a 40-month low in April.

Muscat: Applying its tried-and-tested paradigm for moving candidates out of the labour market and into long-term employment, Oman LNG has sealed a training-for-jobs pact with Opal to deliver management training to twenty young Omanis.

Muscat: Adolescents as young as 12-years of age are addicted to a harmful chewable tobacco, popularly known as afdhal, which is widely and easily available in small grocery shops throughout the Sultanate.

Oman has awarded Saudi National Contracting Co a OR37.7m contract to build the first major power transmission line in Musandam governorate, Oman Daily Observer has reported.

Moody's Investors Service Moody's has said the gradual rise in Oman's fiscal break-even oil price is increasing vulnerability of its public finances to oil price shocks and is likely to lead to lower fiscal surpluses going forward, despite the buoyant revenues from high oil prices, Muscat Daily has reported.

As per the scheme, the money exchange customers will be protected under personal accident benefit scheme for the sum insured of OMR2,500.

Muscat: Following the success of Wattayah Motors's recently announced customer service campaign, the official dealer for Volkswagen in Oman announced two new additions to the workforce for added capabilities and customer peace of mind for every Volkswagen owner in the Sultanate.

Omani insurer Al Madina Insurance Company is planning to float an initial public offering in the fourth quarter of this year in an attempt to change its status to a Shari'ah-compliant Takaful firm.

Snetteron: Avon Tyres British GT Championship competitor Ahmad Al Harthy delivered one of the best qualifying runs of his maiden season in endurance racing at a rain-hit Snetterton 300 Circuit on Saturday, after securing a fourth row start, eighth on the grid, for round five.

Muscat: Driven by the slogan, 'Towards a safer future', Intisar Corporation LLC - Fire Fighting and Safety Engineering Division, celebrated 20 years of their presence in Oman recently.

Muscat: An efficient public transportation system will not only reduce carbon emissions but will also cut down road traffic-related deaths and save the government millions of rials on highway maintenance.