Category Archives: Economics

Salam Air Operates Seasonal Flights to Taief and Sohar

Muscat —- Salam Air – the first low-cost airline in the Sultanate –

announced the launching of new seasonal flights to meet the growing air traffic

requirements during the summer.

The company will operate two weekly flights between Salalah and …

Meethaq of Bank Muscat Signs Financing Agreement with SAFE Alloys LLC

Muscat — Meethaq Islamic Bank at Bank Muscat,

signed a financial agreement with SAFE Alloys LLC, a Sohar Free Zone

Company, which intends to set up a Low Carbon Ferro Chrome

production plant at the Sohar Free Zone.

The agreement …

IRAN SAYS 5 TEHRAN ATTACKERS HAD FOUGHT FOR ISLAMIC STATE

Five of the men who launched an attack in the heart of Iran’s capital previously fought for the Islamic State group, the country’s Intelligence Ministry said Thursday, acknowledging the first such assault by the extremists in the Shiite power.

The …

497 Workers Violate Labour Law

Muscat — The weekly report of the joint inspection

team at the Ministry of Manpower pointed out that the number of

workers violating the Labour Law during May 28th till June 3rd, 2017

stood at (497) including (398) commercial workers, …

MELBOURNE SIEGE: TWO DEAD, THREE POLICE SHOT, WOMAN HELD HOSTAGE, POLICE CONFIRM ‘ACT OF TERRORISM’

Police have confirmed they are treating the Melbourne siege as an “act of terrorism”.

Two men are dead, three police officers were shot and a woman was taken hostage in a dramatic siege in the Melbourne bayside suburb of Brighton …

SAUDI ARABIA’S OIL PRICE HIKE TO ASIA MAY BE SELFHARMING: RUSSELL

Saudi Arabia’s dilemma is shown quite neatly by its decision to raise crude oil prices for Asian refiners even though the kingdom is steadily surrendering market share in China, its biggest customer.

Saudi Aramco, the state-owned oil company, lifted the …