http://www.made-in-oman.com made-in-oman.com: Tous les Infos du business http://www.made-in-oman.com/fluxrss/logo-mint_copie.png http://www.made-in-oman.com http://www.made-in-oman.com/data_5/even_detail.php?id=3440 http://www.made-in-oman.com/_medias_files/news_files/3440_europan-bank.gif ]]>LONDON/SINGAPORE — Investors gave European banks the benefit of the doubt yesterday over stress tests that prompted more transparency from Spanish banks needing to raise capital than from German banks cagey about sovereign debt.Spain's smaller regional lenders, or cajas, would start a roadshow in London on Monday aimed at reassuring investors after the test results on Friday showed five of their p... Tue, 27 Jul 2010 09:20:46 http://www.made-in-oman.com/data_5/even_detail.php?id=3439 http://www.made-in-oman.com/_medias_files/news_files/3439_ahli.gif ]]>MUSCAT Ahlibank net profit for the first half (H1) of 2010 surged by 98 per cent to 6.76 million rials compared to 3.42 million rials in 2009, the bank revealed on Monday.The net operating income for the six months ended on June 30 grew by 55 per cent to 12.02 million rials compared to 7.76 million rials in the same period last year. Operating expenses rose by 9 per cent to 4.14 million rials and ... Tue, 27 Jul 2010 09:15:21 http://www.made-in-oman.com/data_5/even_detail.php?id=3438 http://www.made-in-oman.com/_medias_files/news_files/3438_shell-1.gif ]]>MUSCAT — Shell Oman Marketing Company has posted an 11.9 per cent rise in net profit after tax for the six months ended June 30, 2010, which climbed to RO 7.225 million from RO 6.456 million during the corresponding period of last year.Sales also jumped 11.2 per cent to RO 156.3 million during the first half of this year, from RO 140.567 million during the same period in 2009. ... Tue, 27 Jul 2010 09:10:32 http://www.made-in-oman.com/data_5/even_detail.php?id=3437 http://www.made-in-oman.com/_medias_files/news_files/3437_banksohar.gif ]]>MUSCAT — Bank Sohar’s 2010 second quarter result is a continuing story of success. The Bank’s performance beats global banking trends and confirms the profile of an Omani bank with strong fundamentals. The bank has surged ahead with determination and maintained the momentum of the previous quarters.“What we have here is a fitting and timely tribute to Oman’s 40th Renaissance Day,” said Dr Mohamed ... Tue, 27 Jul 2010 08:28:19 http://www.made-in-oman.com/data_5/even_detail.php?id=3436 http://www.made-in-oman.com/_medias_files/news_files/3436_bank-muscat.gif ]]>MUSCAT — BankMuscat in partnership with the Ministry of Social Development yesterday launched a social initiative titled ‘Tadhamun’ as part of its commitment to corporate citizenship.Initiated by BankMuscat Hearts, an informal society of the bank employees who conduct voluntary social work, it aims to address the requirements of homes of the needy. The beneficiary homes are those lacking basic hom... Tue, 27 Jul 2010 08:22:48 http://www.made-in-oman.com/data_5/even_detail.php?id=3435 http://www.made-in-oman.com/_medias_files/news_files/3435_sohar1.gif ]]>MUSCAT — Underscoring its growing prominence as a maritime hub for roll-on/roll-off (RO-RO) cargo, Steinweg Oman yesterday hosted a key meeting of stevedoring and shipping representatives of Japanese shipping giant Nippon Yusen Kaisha (NYK) at its multi-purpose general cargo terminal at the Port of Sohar.The day-long event brought together NYK’s shipping and stevedoring representatives from across... Tue, 27 Jul 2010 08:15:32 http://www.made-in-oman.com/data_5/even_detail.php?id=3434 http://www.made-in-oman.com/_medias_files/news_files/3434_wheat.jpg ]]>MUSCAT: The soaring wheat prices in the international markets since the beginning of the month is likely to jack up prices of wheat flour, besides bringing down margins of flour mills, if it continues for some more months.“Wheat prices soared by 20 to 25 per cent to touch $280-290 per tonne this month alone,” said a senior official of a leading flour mill.Although it is too early to predict the fu... Mon, 26 Jul 2010 09:13:13 http://www.made-in-oman.com/data_5/even_detail.php?id=3433 http://www.made-in-oman.com/_medias_files/news_files/3433_central-bank.jpg ]]>NEW DELHI — India looks set this week to hike borrowing costs for a second time in a month as it battles the highest inflation among the leading Group of 20 economic powers, analysts say.The central bank is widely expected to increase interest rates to tackle surging prices which began in the food sector but have spilled over into other parts of India's fast-accelerating economy."India is facing i... Mon, 26 Jul 2010 09:06:30 http://www.made-in-oman.com/data_5/even_detail.php?id=3432 http://www.made-in-oman.com/_medias_files/news_files/3432_finincal.jpg ]]>LONDON — Europe sighed with relief after all but a handful of the continent's banks passed financial stress tests, but analysts warned that the exams might not be tough enough to restore confidence in the sector.The euro fell just after the release of the test results but made up the lost ground.US stocks also ended slightly higher but European governments face a nervous wait for markets to reopen... Mon, 26 Jul 2010 08:59:04 http://www.made-in-oman.com/data_5/even_detail.php?id=3431 http://www.made-in-oman.com/_medias_files/news_files/3431_jaban.jpg ]]>TOKYO — Stubborn deflation and low demand from an ageing population prone to tight-fistedness spell a difficult future for Japan's economy, the government warned in an annual report.Falling prices have been at the core of the lacklustre performance of the world's number two economy over the past two decades, said the Cabinet Office in its Annual Report on the Japanese Economy and Public Finances.J... Mon, 26 Jul 2010 08:55:34 http://www.made-in-oman.com/data_5/even_detail.php?id=3430 http://www.made-in-oman.com/_medias_files/news_files/3430_knoc.jpg ]]>LONDON — Korea National Oil Corp (KNOC) said it raised its takeover offer last week for oil explorer Dana Petroleum, valuing it at £1.67 billion ($2.55 billion).Dana said in a statement after the market closed that KNOC had failed to clarify questions on potential financing for a deal and advised its shareholders not to take any action.The oil explorer, which has oil and gas assets in the North Se... Mon, 26 Jul 2010 08:49:51 http://www.made-in-oman.com/data_5/even_detail.php?id=3429 http://www.made-in-oman.com/_medias_files/news_files/3429_nawras-2.jpg ]]>MUSCAT — Nawras last week opened its doors to customers with the launch of its new broadband Internet and voice packages.A large number of customers enquired about the new services with hundreds of visitors heading to Nawras Stores during the first week of sales, including many pre-registered customers for new home broadband modems.To celebrate the occasion, Nawras is offering customers 50 per cen... Mon, 26 Jul 2010 08:46:06 http://www.made-in-oman.com/data_5/even_detail.php?id=3428 http://www.made-in-oman.com/_medias_files/news_files/3428_manganiz.jpg ]]>MUSCAT — Manganese ore mining is set to take off in a big way in the Sultanate with a leading Omani mining company preparing to develop potentially promising deposits in the Sharqiya region of Oman.Al Tamman Trading Establishment LLC, one of the biggest players in Oman’s rapidly expanding mining sector, will launch work on a manganese ore concession in Al Mintirib Wilayat, according to a senior co... Mon, 26 Jul 2010 08:39:53 http://www.made-in-oman.com/data_5/even_detail.php?id=3427 http://www.made-in-oman.com/_medias_files/news_files/3427_rysoot.jpg ]]>MUSCAT: Raysut Cement Company (RCC), the Sultanate’s biggest cement producer, has reduced its cement selling prices, mainly due to severe competition from neighbouring UAE-based companies. The price reduction will vary according to the quantity of cement purchased by a customer.RCC’s announcement follows a similar move this month by its domestic competitor, Oman Cement, and in response to intensif... Sun, 25 Jul 2010 10:04:01 http://www.made-in-oman.com/data_5/even_detail.php?id=3426 http://www.made-in-oman.com/_medias_files/news_files/3426_metrobank.jpg ]]>LONDON — Metro Bank, which will be Britain’s first new High Street lender to launch in more than 100 years, has a long-term goal to grab up to 10 per cent of the capital’s retail and commercial banking market.“It is a reasonable aspiration to say that, after 10 years, we will have between 5 and 10 per cent of the greater London market,” chairman Anthony Thomson said.Metro Bank will open its doors ... Sun, 25 Jul 2010 09:53:28 http://www.made-in-oman.com/data_5/even_detail.php?id=3425 http://www.made-in-oman.com/_medias_files/news_files/3425_wall.jpg ]]>NEW YORK — Encouraging company earnings have propelled Wall Street stocks to their best levels in a month but concerns over a slowing economy are expected to continue dogging markets.Over the week, the blue-chip Dow Jones Industrial Average jumped 3.2 per cent to end Friday at 10,424.62 — a feat accomplished only once since April 30.The tech-rich Nasdaq composite index soared 4.2 per cent to 2,269... Sun, 25 Jul 2010 09:47:10 http://www.made-in-oman.com/data_5/even_detail.php?id=3424 http://www.made-in-oman.com/_medias_files/news_files/3424_ericsson.jpg ]]>STOCKHOLM — Swedish telecom equipment maker Ericsson, reported a surge in profits but a fall in sales for the second quarter, disappointing investors and its shares dropped.In the three months to June, Ericsson raised net profit from the equivalent figure last year by 126 per cent to 1.88 billion kronor (200 million euros, $258 million).But sales fell by 8 per cent to 48 billion kronor, the group ... Sun, 25 Jul 2010 09:23:35 http://www.made-in-oman.com/data_5/even_detail.php?id=3423 http://www.made-in-oman.com/_medias_files/news_files/3423_arm.jpg ]]>LONDON — ARM announced a new licensing agreement with Microsoft, lifting shares in the British chip designer.The agreement deepens ARM's 13-year relationship with Microsoft, giving the US group access to ARM architecture instead of licensing products one by one.Microsoft, whose Windows software runs nine in 10 of the world's PCs, traditionally designs its software around chip architecture from ARM... Sun, 25 Jul 2010 09:10:15 http://www.made-in-oman.com/data_5/even_detail.php?id=3422 http://www.made-in-oman.com/_medias_files/news_files/3422_oman.jpg ]]>MUSCAT — The Sultanate’s first ferrochrome smelter is due to come on stream in Sohar by the end of 2011.An Omani-Indian joint venture plans to develop the 75,000 tons per annum facility at the Sohar Industrial Estate.Al Tamman Indsil Ferrochrome LLC, a 50-50 partnership of Al Tamman Trading Establishment LLC (a wholly owned subsidiary of Muscat Overseas Group) and the Indsil Group of India, will i... Sun, 25 Jul 2010 08:36:55 http://www.made-in-oman.com/data_5/even_detail.php?id=3420 http://www.made-in-oman.com/_medias_files/news_files/3420_dell.gif ]]>SAN FRANCISCO: Dell Inc said on Monday it has agreed to acquire storage optimization technology company Ocarina Networks for an undisclosed amount.The deal is expected to close by the end of July.San Jose, California-based Ocarina is privately held and was founded in 2007. The company supplies technology that helps reduce storage space requirements and the amount of redundant data.Dell said it pla... Wed, 21 Jul 2010 08:44:01 http://www.made-in-oman.com/data_5/even_detail.php?id=3419 http://www.made-in-oman.com/_medias_files/news_files/3419_honda.gif ]]> WAKO, Japan — Honda said yesterday it will roll out an electric car and a plug-in hybrid in Japan and the United States in 2012 as it seeks to catch up in the race to make clean, battery-powered cars.Japan's number-two carmaker plans to launch the compact electric car as well as mid and large-sized plug-in hybrids that will run up to 60 kilometres on a litre (140 miles on a gallon) of petrol, sai... Wed, 21 Jul 2010 07:42:58 http://www.made-in-oman.com/data_5/even_detail.php?id=3418 http://www.made-in-oman.com/_medias_files/news_files/3418_service.gif ]]>MUSCAT — Aiming to further enhance operational efficiency and affectivity, Vale, the world’s largest producer of iron ore, recently organised a special workshop to commemorate the Company’s adoption of a Shared Services Organisation Structure (SSOS).Specialists from across Vale’s international offices converged to the Sultanate to be part of this transformational moment that aspires to surpass est... Wed, 21 Jul 2010 07:38:39 http://www.made-in-oman.com/data_5/even_detail.php?id=3417 http://www.made-in-oman.com/_medias_files/news_files/3417_sohar-airport.gif ]]>MUSCAT — Well-known construction firm Strabag Oman has been awarded a contract to execute the airfield infrastructure package of the Sohar Airport project at a cost of RO 27.6 million.This contract represents a key phase in the development of a greenfield airport in Sohar, which along with plans for a major expressway and rail network will underpin the port city’s eventual transformation into a ma... Wed, 21 Jul 2010 07:31:54 http://www.made-in-oman.com/data_5/even_detail.php?id=3416 http://www.made-in-oman.com/_medias_files/news_files/3416_bankmuscat.jpg ]]>MUSCAT — The excitement of the second RO 400,000 jackpot prize from BankMuscat’s Al Mazyona savings scheme is building up with the countdown beginning for the grand draw in August. Coinciding with the Salalah Tourism Festival, the grand prize winner will be picked amid the Khareef celebrations in Salalah.BankMuscat has made its presence felt at the ongoing Salalah Tourism Festival which celebrates... Tue, 20 Jul 2010 13:13:49 http://www.made-in-oman.com/data_5/even_detail.php?id=3415 http://www.made-in-oman.com/_medias_files/news_files/3415_euro.jpg ]]>FRANKFURT — The eurozone's balance of payments slipped further in May to a deficit of 5.8 billion euros ($7.5 billion), the European Central Bank said yesterday as member countries struggled with deficits and debt.The balance of payments, which includes payments for imports and exports of trade in goods and services, is a closely tracked indicator of a country's or area's ability to pay its way in... Tue, 20 Jul 2010 13:11:05 http://www.made-in-oman.com/data_5/even_detail.php?id=3414 http://www.made-in-oman.com/_medias_files/news_files/3414_nokia.jpg ]]>HELSINKI — Nokia Siemens Networks is to buy most of the wireless network infrastructure assets from US firm Motorola for $1.2 billion (926 million euros) to bolster its rank as number two in the sector, it said yesterday.The German-Finnish telecom equipment company said the move would strengthen its position as world number two in the telecom infrastructure segment."Nokia Siemens Networks and Moto... Tue, 20 Jul 2010 13:05:38 http://www.made-in-oman.com/data_5/even_detail.php?id=3413 http://www.made-in-oman.com/_medias_files/news_files/3413_air.jpg ]]>FARNBOROUGH — Boeing and Airbus won orders worth $13.5 billion at the Farnborough airshow yesterday when Dubai's Emirates airline and a new US leasing company snapped up 81 jets.Emirates further boosted its reputation as the world's most bullish airline with an order for 30 Boeing long-range 777 aircraft worth a combined $9.1 billion (7 billion euros).Airbus meanwhile won a $4.4 billion order from... Tue, 20 Jul 2010 12:59:00 http://www.made-in-oman.com/data_5/even_detail.php?id=3412 http://www.made-in-oman.com/_medias_files/news_files/3412_gdf.jpg ]]> LONDON/PARIS — France's GDF Suez revived tie-up talks with smaller British utility International Power as it seeks to bolster its power production clout in emerging markets.The deal would see GDF take a majority stake in International Power after transferring some of its non-European assets into the British firm, which is focused on fast-growing Asian, Australian and Middle Eastern markets.The ne... Tue, 20 Jul 2010 12:52:58 http://www.made-in-oman.com/data_5/even_detail.php?id=3411 http://www.made-in-oman.com/_medias_files/news_files/3411_nawras.jpg ]]>MUSCAT: Nawras, the second telecommunication service provider of the Sultanate, is working on to float its much-awaited initial public offering (IPO) in September as per the plan, even as the telecom major plans to invest RO150 million to expand network, a senior official of the company told ‘Times of Oman’. “We are doing the groundwork for the launch of the issue on time as approved by Capita... Mon, 19 Jul 2010 08:52:45 http://www.made-in-oman.com/data_5/even_detail.php?id=3410 http://www.made-in-oman.com/_medias_files/news_files/3410_nawras.jpg ]]>MUSCAT: Telecommunication service provider Nawras yesterday announced the launch of an exciting portfolio of fixed residential services — home broadband and voice — thereby ending the four-decade-long monopoly of majority state-owned Oman Telecommunications Company (Omantel) in this field. The new service will be available across the Sultanate from Tuesday, 2010, Ross Cormack, Chief Executive Offi... Mon, 19 Jul 2010 08:48:21 http://www.made-in-oman.com/data_5/even_detail.php?id=3409 http://www.made-in-oman.com/_medias_files/news_files/3409_oman-oil.jpg ]]>MUSCAT: The Sultanate’s total crude oil production rose 8.8 per cent in the first five months of the current year 2010 to touch 129.8 million barrels, as compared to 119.3 million barrels for the same period in 2009, according to the data from the Ministry of National Economy. The crude oil production rose by 7.9 per cent and oil condensates by 15.3 per cent, which reached 113.7 million barrel... Mon, 19 Jul 2010 08:32:37 http://www.made-in-oman.com/data_5/even_detail.php?id=3408 http://www.made-in-oman.com/_medias_files/news_files/3408_ahli.gif ]]>MUSCAT — Ahlibank’s net profit after tax leapt 97.6 per cent to RO 6.756 million during the first half of this year, against RO 3.419 million during the corresponding period of last year.Total assets climbed 42.5 per cent to RO 643.795 million this year, from RO 451.639 million during the same period last year. Net loans and advances to customers jumped 45.8 per cent to RO 532.937 million during t... Mon, 19 Jul 2010 08:03:59 http://www.made-in-oman.com/data_5/even_detail.php?id=3407 http://www.made-in-oman.com/_medias_files/news_files/3407_oman-police.gif ]]>MUSCAT — A number of steps taken in recent times as part of the e-Governance initiative are ushering in the era of ‘cashless’ transactions in Oman.The e-purse facility in the national ID and resident cards launched last year is all set to emerge as a convenient tool for all financial transactions later this year. The e-purse services, hitherto loaded only at the Royal Oman Police (ROP) ID card off... Mon, 19 Jul 2010 07:57:23 http://www.made-in-oman.com/data_5/even_detail.php?id=3406 http://www.made-in-oman.com/_medias_files/news_files/3406_power.gif ]]>MUSCAT — Oman’s authorities are expected to shortly launch the competitive process linked to the development of a large-scale solar power project in the Sultanate.A Request for Proposals (RfP) is due to be issued here in the coming weeks inviting international developers and other prospective parties to register their desire to participate in the competitive tender, as well as present their creden... Mon, 19 Jul 2010 07:48:33 http://www.made-in-oman.com/data_5/even_detail.php?id=3405 http://www.made-in-oman.com/_medias_files/news_files/3405_oite.png ]]>Origin & Excellence Oman Show will showcase and feature products from all sectors and industries in the nation. The event will play a key role in creating and increasing awareness and the visibility of Omani products in the local market.Contact Person: Mr. Anis KhanTel: +968-24-564303 ... Sun, 18 Jul 2010 10:18:22 http://www.made-in-oman.com/data_5/even_detail.php?id=3404 http://www.made-in-oman.com/_medias_files/news_files/3404_oite.png ]]>Heavy Machinery & Construction Equipment Expo 2010 is a sourcing platform for a host of local and international heavy machinery, manufacturing technologies and equipment sellers from across the world. The expo will showcase the progress made, deliberate the potential opportunities and challenges facing the industry and to create a road map for sustainable growth and development.Conta... Sun, 18 Jul 2010 10:07:57 http://www.made-in-oman.com/data_5/even_detail.php?id=3403 http://www.made-in-oman.com/_medias_files/news_files/3403_toc.gif ]]>Port development all around the Arabian Peninsula and neighbouring countries is running at unprecedented levels as national governments and private investors alike look beyond the current economic downturn towards the future infrastructure needs of this rapidly growing region.Explosive growth in container throughput – from 15 million TEU to 24 million TEU in just four years – has already... Sun, 18 Jul 2010 09:53:27 http://www.made-in-oman.com/data_5/even_detail.php?id=3402 http://www.made-in-oman.com/_medias_files/news_files/3402_rbs.jpg ]]>LONDON/FRANKFURT — Royal Bank of Scotland may pursue Goldman Sachs for substantially more than the $100 million it received as part of a settlement over the marketing of a subprime mortgage product. RBS said it would "carefully consider all of its options" after Goldman agreed earlier to pay it $100 million as part of a $550 million settlement of civil fraud charges over how it sold the controver... Sun, 18 Jul 2010 09:19:04 http://www.made-in-oman.com/data_5/even_detail.php?id=3401 http://www.made-in-oman.com/_medias_files/news_files/3401_edf.jpg ]]>PARIS/LONDON — French power group EDF said it had set a July 26 date for final bids for its British power grids while three people close to the deal said final price discussions were still going on. The world's largest nuclear power generator is selling the grids to cut its debt after an acquisition spree under its previous executive chairman, who was replaced in September. EDF put out a state... Sun, 18 Jul 2010 09:14:57 http://www.made-in-oman.com/data_5/even_detail.php?id=3400 http://www.made-in-oman.com/_medias_files/news_files/3400_smartroam.gif ]]>MUSCAT — With the launch of a new data roaming package for its incredibly popular SmartRoamer service, Nawras reinforces its commitment to providing customers with unparalleled roaming benefits.Among the features of bringing Nawras customers in Oman even greater flexibility in mobile communication are lower rates for calling, SMS and data usage when roaming in the GCC countries of Qatar, Kuwait, t... Sun, 18 Jul 2010 08:10:58 http://www.made-in-oman.com/data_5/even_detail.php?id=3399 http://www.made-in-oman.com/_medias_files/news_files/3399_kimji.gif ]]>MUSCAT — Khimji’s Mart, the largest chain of supermarkets in Oman, opened their 21st retail outlet at Sinaw. Shaikh Saif bin Salim al Qarwashi, Assistant Wali of Al Mudhaibi in niyabat Sinaw, inaugurated the outlet. The directors of Khimji Ramdas, Kanak G Khimji, Anil Khimji, Nailesh Khimji and Hritik Khimji were present during the inaugural function.Expanding its operations and customer’s reach, ... Sun, 18 Jul 2010 08:08:32 http://www.made-in-oman.com/data_5/even_detail.php?id=3398 http://www.made-in-oman.com/_medias_files/news_files/3398_sohar.gif ]]>MUSCAT — Oman Refineries and Petrochemicals Company LLC (ORPC) is embarking on a major expansion of its Sohar refinery complex, a move that will effectively catapult Oman into the ranks of world-scale refining nations.According to a senior government official, a comprehensive upgrade of key components of the refinery will also be undertaken in conjunction with the expansion initiative, aimed at en... Sun, 18 Jul 2010 08:06:22 http://www.made-in-oman.com/data_5/even_detail.php?id=3397 http://www.made-in-oman.com/_medias_files/news_files/3397_oman-economy.gif ]]>The Sultanate’s economic outlook for 2010 remained positive due to the government’s positive financial policy and sustained oil demand, Central Bank Oman said in banking and monetary developments review published on Friday.Despite the sluggishness witnessed in private sector credit growth, signs showed that the deposit growth gained momentum during the first five months of 2010.Total assets of com... Sat, 17 Jul 2010 08:00:25 http://www.made-in-oman.com/data_5/even_detail.php?id=3396 http://www.made-in-oman.com/_medias_files/news_files/3396_gold.gif ]]>MUSCAT — Malabar Gold opened its first showroom in Oman — the 39th in its growing network — at Lulu Hypermarket Darsait.Khalfan bin Nazer al Wahaiby Inaugurated the showroom in the presence of M P Ahamed — Chairman — Malabar group, Khamis Thani Almandhri, Shamlal Ahamed M P — Managing Director — International Operations, E T Mohammed Basheer, Nishad A K — Director Malabar Gold, Shrichand — Council... Sat, 17 Jul 2010 07:51:26 http://www.made-in-oman.com/data_5/even_detail.php?id=3395 http://www.made-in-oman.com/_medias_files/news_files/3395_sony.gif ]]>STOCKHOLM — Mobile phone manufacturer Sony Ericsson reported a second quarter running of net profits yesterday after a bad patch last year, saying it had raised prices by targeting the top end of the market.The Japanese-Swedish group, the fifth-biggest player in the global sector, said that in the three months to the end of June, it had made a net profit of 12 million euros ($15.5 billion) in cont... Sat, 17 Jul 2010 07:48:38 http://www.made-in-oman.com/data_5/even_detail.php?id=3394 http://www.made-in-oman.com/_medias_files/news_files/3394_ag-bank.gif ]]>HONG KONG — Agricultural Bank of China's $19.3 billion IPO limped across the finish line yesterday after a three-month sprint, its modest Hong Kong debut reflecting concerns over valuations and investor cautiousness.The near-record deal, kicked-off by surprise, marks the final step in Beijing's effort to list its top four banks and removes a giant overhang for China's stock markets that are braced... Sat, 17 Jul 2010 07:42:59 http://www.made-in-oman.com/data_5/even_detail.php?id=3393 http://www.made-in-oman.com/_medias_files/news_files/3393_suhail-bahwan.gif ]]>MUSCAT — The grand unveiling and launch of the fabulous, all new 2011 Renault Fluence, in the presence of senior Suhail Bahwan Automobiles (SBA) LLC executives, senior officials and specially invited guests, took place at the Grand Hyatt Muscat, on Wednesday.A panel made up of Ahmed bin Suhail Bahwan, Chairman of SBA; Nicolas Guiochet, GM — Marketing, Renault — GCC; K S Kumar Managing Director, SB... Sat, 17 Jul 2010 07:36:47 http://www.made-in-oman.com/data_5/even_detail.php?id=3392 http://www.made-in-oman.com/_medias_files/news_files/3392_k.gif ]]>MUSCAT — Oman’s government has approved Tethys Oil’s decision to assign a 20 per cent interest to Mitsui E&P Middle East in onshore Blocks 3 and 4. With the assignment to Mitsui, Tethys now holds a 30 per cent interest in Blocks 3 and 4, while Mitsui E&P Middle East BV acquires a 20 per cent interest. The operator CC Energy Development SAL (Oman branch) holds a 50 per cent interest.Mitsui ... Sat, 17 Jul 2010 07:31:43 http://www.made-in-oman.com/data_5/even_detail.php?id=3391 http://www.made-in-oman.com/_medias_files/news_files/3391_britaways.jpg ]]>LONDON — British Airways fiercely defended its position in a dispute over pay and conditions to shareholders at its annual general meeting yesterday.“The board’s patience with BASSA has now been exhausted (...) We will win the right to manage,” Chairman Martin Broughton told shareholders, referring to a long-running dispute by members of BASSA, the cabin crew branch of trade union Unite.The Unite ... Wed, 14 Jul 2010 10:03:26 http://www.made-in-oman.com/data_5/even_detail.php?id=3390 http://www.made-in-oman.com/_medias_files/news_files/3390_sohar.jpg ]]>MUSCAT — The government is preparing to commission a major review of the master-plan for Sur Industrial Estate aimed at enhancing its appeal to industrial and economic investment.Set up in the late 1990s, Sur Industrial Estate has lagged behind other industrial parks in attracting investments in light and medium industries, despite the availability of gas, modern infrastructure, and other utilitie... Wed, 14 Jul 2010 09:42:16 http://www.made-in-oman.com/data_5/even_detail.php?id=3389 http://www.made-in-oman.com/_medias_files/news_files/3389_7.gif ]]>MUMBAI — Indian stocks recouped losses suffered due to a fall in Infosys profit and made good gains to end the day at two-and-a-half-year high level. The 30-share BSE Sensex closed 48.70 points higher yesterday at 17,985.90, the best closing since February 19, 2008. The key index had touched the psychological 18,000-level on Monday. It has notched up 515 points in the last four sessions. The broad... Wed, 14 Jul 2010 08:36:47 http://www.made-in-oman.com/data_5/even_detail.php?id=3388 http://www.made-in-oman.com/_medias_files/news_files/3388_6.gif ]]> HONG KONG/NEW YORK — The board of American International Group is set to meet this week to consider the future of its AIA unit, with a public float seen as the most likely outcome, sources said yesterday.An initial public offering of AIA, the Asian life insurance business of AIG, is a more attainable option, the sources said, as pursuing another acquisition offer would present a new round of exec... Wed, 14 Jul 2010 08:34:48 http://www.made-in-oman.com/data_5/even_detail.php?id=3387 http://www.made-in-oman.com/_medias_files/news_files/3387_5.gif ]]>Muscat Securities Market (MSM) index lost 35 points on Monday to close at 6219 points as all sectoral indices declined.Trading during the day was worth more than 2.2 million rials as 5,637,733 shares changed hands in as many as 1252 transactions.Trading took place in the stocks of 54 companies. Shares in 19 firms ended with gains while those in 19 companies declined. Stocks of 16 companies remaine... Wed, 14 Jul 2010 08:21:44 http://www.made-in-oman.com/data_5/even_detail.php?id=3386 http://www.made-in-oman.com/_medias_files/news_files/3386_4.gif ]]>PARIS — The global oil market could be a guiding hand of stability amid uncertain recovery from the economic crisis next year, the IEA said in a rare report of confidence yesterday."Markets in 2011 may prove 'not too hot, not too cold'," the International Energy Agency (IEA) said."Whisper it quietly, but we might, just might, be in for some market stability for a while longer."The IEA said it was ... Wed, 14 Jul 2010 08:15:22 http://www.made-in-oman.com/data_5/even_detail.php?id=3385 http://www.made-in-oman.com/_medias_files/news_files/3385_3.gif ]]>MUSCAT—Malabar Gold, a gold and jewellery business, is all set to open its 39th showroom and first in Oman on July 15.The showroom is located at Mezzanine Floor, Lulu Hypermarket, Darsait. This will be Malabar Gold’s 12th showroom in the Middle East.Malabar Gold is respected internationally as the ‘perfect jeweler’ where the perfect design, perfect service and perfect price go hand in hand. Its 38... Wed, 14 Jul 2010 08:00:29 http://www.made-in-oman.com/data_5/even_detail.php?id=3384 http://www.made-in-oman.com/_medias_files/news_files/3384_2.gif ]]>MUSCAT — Mawasem Muscat announced the launching of what is touted as the Sultanate’s first food and beverage (F&B) franchise, at a press conference, at the Crowne Plaza Muscat.The new venture is an ambitious one and is being floated with support from prominent individuals of the country’s business community. The plan is to set up a chain of quality, 5-star specialty restaurants serving up gour... Wed, 14 Jul 2010 07:50:11 http://www.made-in-oman.com/data_5/even_detail.php?id=3381 http://www.made-in-oman.com/_medias_files/news_files/3381_imf.gif ]]>DAEJEON Asian financial policymakers must brace for possible further shocks given risks to the global economy such as the eurozone turmoil, the International Monetary Fund (IMF) chief said on Monday.“Policymakers need to remain attuned to negative shocks,” said IMF Managing Director Dominique Strauss-Kahn, citing a potential spillover from Europe’s debt crisis, the sharp rebound in capital inflows... Tue, 13 Jul 2010 16:38:02 http://www.made-in-oman.com/data_5/even_detail.php?id=3380 http://www.made-in-oman.com/_medias_files/news_files/3380_paew.jpg ]]>MUSCAT — The feasibility study of Oman’s first major solar power plant project is almost ready and very shortly details about its location, size, technology and other aspects will be announced, said Mohammed bin Abdullah al Mahrouqi, Chairman, Public Authority for Electricity and Water (PAEW).The PAEW chief was speaking to reporters after inaugurating ‘Oman Energy, Water and Technology Exhibition’... Tue, 13 Jul 2010 14:39:32 http://www.made-in-oman.com/data_5/even_detail.php?id=3379 http://www.made-in-oman.com/_medias_files/news_files/3379_bp1.jpg ]]>LONDON: BP Plc is in talks to sell up to $12 billion of assets, including a stake in Alaska's Prudhoe Bay, to Apache Corp to help pay for its Gulf of Mexico oil spill, The Sunday Times reported.The oil major said in June it wanted to raise $10 billion pounds from sell-offs to boost a $20 billion fund for cleaning up what is, 83 days in, the worse oil spill in U.S. history.The Sunday Times said Hou... Tue, 13 Jul 2010 10:42:43 http://www.made-in-oman.com/data_5/even_detail.php?id=3378 http://www.made-in-oman.com/_medias_files/news_files/3378_kimji.jpg ]]>MUSCAT — Khimjis Mart – the largest supermarket chain of the Sultanate, conducted a special world cup SMS campaign – ‘Yalla Koora – Be a winner this World Cup’, which concluded with the World Cup 2010 finals on Sunday. The first of its kind, innovative and entertaining exercise was created and devised by Khimji’s Mart.With prizes worth up to RO 2,5000, one winning entry for every match got a gift ... Tue, 13 Jul 2010 10:41:29 http://www.made-in-oman.com/data_5/even_detail.php?id=3377 http://www.made-in-oman.com/_medias_files/news_files/3377_mhe.gif ]]>July 13 to 15, 2010 9AM - 1PM 5PM - 10PM Lectures, Attractive Prizes, Grants, Training Courses and much more for the visitors A Special Corner for Career Orientation, Training & Job Opportunities... Tue, 13 Jul 2010 08:32:58 http://www.made-in-oman.com/data_5/even_detail.php?id=3376 http://www.made-in-oman.com/_medias_files/news_files/3376_oman.gif ]]>MUSCAT — The leading international engineering consultant, COWI, is one of the first engineering companies in the Sultanate to employ sophisticated aerial survey technology as a tool in mapping out mountainous and inaccessible areas targeted for major infrastructure development.The local office of COWI, COWI & Partners LLC, recently used this state-of-the-art technology for the second time in ... Tue, 13 Jul 2010 08:18:24 http://www.made-in-oman.com/data_5/even_detail.php?id=3375 http://www.made-in-oman.com/_medias_files/news_files/3375_russia.gif ]]>MOSCOW — Russian grocery chain Magnit's like-for-like sales growth picked up in the second quarter as it finally managed to reverse declines in customer traffic and benefited from a broader market recovery.A deep economic crisis last year prompted Russian retailers to fight for cash-strapped customers, and Magnit, which operates Russia's biggest chain of small budget stores, had seen shoppers flee... Tue, 13 Jul 2010 08:15:36 http://www.made-in-oman.com/data_5/even_detail.php?id=3374 http://www.made-in-oman.com/_medias_files/news_files/3374_asian.gif ]]>DAEJEON — Asian financial policymakers must brace for possible further shocks given risks to the global economy such as the euro zone turmoil, the International Monetary Fund chief said yesterday."Policymakers need to remain attuned to negative shocks," said IMF managing director Dominique Strauss-Kahn ( pictured), citing a potential spillover from Europe's debt crisis, the sharp rebound in capita... Tue, 13 Jul 2010 08:12:47 http://www.made-in-oman.com/data_5/even_detail.php?id=3373 http://www.made-in-oman.com/_medias_files/news_files/3373_india.gif ]]>MUMBAI — Dalal Street surged last week as a hike in 2010 global growth forecast from the International Monetary Fund, revival of monsoon rains and expectations of strong first quarter corporate earnings, boosted the investor sentiment. The BSE Sensex rose 372.59 points or 2.13 per cent to 17,833.54 during the week ended July 9. The 50-unit S&P CNX Nifty rose 115.35 points or 2.2 per cent to se... Mon, 12 Jul 2010 07:43:56 http://www.made-in-oman.com/data_5/even_detail.php?id=3372 http://www.made-in-oman.com/_medias_files/news_files/3372_uae-airlines.gif ]]>DUBAI — Emirates and Etihad, the two major carriers of the United Arab Emirates, plan to create almost 60,000 new jobs over the next decade to meet their rapid growth, a newspaper reported yesterday."It took us 25 years to get to 40,000 employees, but in the next 10 years we will double that to 80,000," The National quoted Rick Helliwell, vice president of recruitment at Emirates, as saying.He sai... Mon, 12 Jul 2010 07:41:14 http://www.made-in-oman.com/data_5/even_detail.php?id=3371 http://www.made-in-oman.com/_medias_files/news_files/3371_omanoil.gif ]]>MUSCAT — On the back of its full support of the first Oman Green Awards this month, Oman Oil Marketing Company continues its commitment to ‘eco policies’ in the Sultanate, by joining the ever increasing band of organisations pledging to Save Energy Oman.The 100 per cent Omani company is a pioneer in environmental protection and has a fundamental belief in educating and encouraging individuals to a... Mon, 12 Jul 2010 07:37:12 http://www.made-in-oman.com/data_5/even_detail.php?id=3370 http://www.made-in-oman.com/_medias_files/news_files/3370_national-bank.gif ]]>MUSCAT — National Bank of Oman (NBO) has launched 'Cash Back Credit Card Promotion' rewarding all cardholders with a five per cent cash back reward as they spend at any travel agent or any airline this summer, until July 25.The cash back will be given as reward points which customers can at any time, choose to redeem as cash into their card account.NBO has launched this promotion keeping in mind t... Mon, 12 Jul 2010 07:35:11 http://www.made-in-oman.com/data_5/even_detail.php?id=3369 http://www.made-in-oman.com/_medias_files/news_files/3369_sohar.gif ]]>MUSCAT — The ‘Celebrate Together’ initiative launched by BankMuscat and Omantel in commemoration of the 40th Renaissance anniversary entered a new phase yesterday with a series of exhibitions lined up across the Sultanate beginning at Sohar under the auspices of Ahmed Rashid al Ma’amari, Under-Secretary, Ministry of Social Development.The exhibition featured over 1,500 paintings selected from near... Mon, 12 Jul 2010 07:30:02 http://www.made-in-oman.com/data_5/even_detail.php?id=3368 http://www.made-in-oman.com/_medias_files/news_files/3368_almaha.gif ]]>MUSCAT — Al Maha Petroleum Products Marketing Co SAOG has registered a 31 per cent growth in revenues during the first half of 2010 on the back of a strong increase in retail, commercial and aviation fuels, as well as lubricant sales.Total revenues increased by around RO 25 million to RO 105 million during the first half of this year, against earnings of around RO 80 million during the January-Jun... Mon, 12 Jul 2010 07:28:11