Bank Muscat wins Bank of the Year award from The Banker
Bank Muscat, the leading financial services provider in the Sultanate of Oman, has won the Bank of the Year (Oman) award from The Banker. The award was presented to the bank after a thorough evaluation by the judges based on a number of different criteria including the product mix, financial perform
Special Edition Visa Cards by QNB to celebrate the FIFA World Cup 2022™
QNB, the largest financial institution in the Middle East and Africa, and the Official Middle East and Africa Supporter of the FIFA World Cup 2022™ has launched the exclusive special edition Visa prepaid card with a unique design to celebrate the upcoming FIFA World Cup 2022™. The QN
Arabtech Jardaneh at the First Phase agreement of “The Signature” Project
An agreement was signed to implement the first phase of the construction of the Airport Road Restaurants Project “The Signature” in Amman between the business owner, Moritto, represented by Eng. Muhammad Nasrallah, and the contractor, Abu Halimeh Bros Contracting Company – AHCC represented
New Zealand to ban young people from being able to buy cigarettes
New Zealand on Thursday announced plans to prevent young people from ever being able to buy cigarettes as part of an initiative to make the country entirely smoke-free by 2025.The measures will mean that anyone born after 2008 will not be able to purchase cigarettes or tobacco products in their life
Euro, Dollar Steady after Omicron Fears Ease
The euro, sterling and dollar stabilized on Thursday amid optimism some COVID-19 vaccines might be able to neutralize new coronavirus variant Omicron. Analysts said the focus was shifting back to monetary policy.Some of the fears around the Omicron variant ebbed after BioNTech and Pfizer said three
5G could Prompt Flight Diversions
The U.S. Federal Aviation Administration warned that interference from planned use of 5G wireless spectrum posed an air safety risk and could result in flight diversions.The aviation industry and the FAA have raised concerns about potential interference of 5G with sensitive aircraft electronics like
iPhone 13 Production Fell 20% in Sept-Oct
Production of Apple Inc’s flagship iPhone 13 smartphones fell 20% short of previous plans in September and October, Nikkei reported on Wednesday. The holiday-quarter used to be the busiest for the company as many consumers seek to buy its products weeks ahead of Christmas.
OMAN Re’s Gross Written Premium up by 11% in Third Quarter
Oman Re, the Sultanate of Oman’s sole reinsurer reported Gross Written Premium (GWP) of OMR 24.1 million [USD 62.7 million] as of 30 September 2021, which is higher by 11% compared to OMR 21.8 million [USD 56.7 million] during for the same period last year. Oman Re’s investment income increased