Tuesday, August 21, 2018

Oman

Oman’s sovereign sukuk in demand

Oman’s first issue of sovereign Islamic bonds has received strong orders ahead of its final pricing. The $520 million (200 million rial), five-year sukuk...

Price for tourist visa to Oman increases 400% overnight!

Tourists must now pay OMR 20 for the new visas.   The new visa has also tripled in length of stay and will allow tourists to...

Online jobs market slump

In a report by Monster Employment Index (MEI), Bahrain and Oman are the only Gulf countries to show year-on-year growth in the number of...

Oman imam returns Dh2.4m won in bank raffle, citing Sharia

The imam of an Omani mosque has returned a 250,000 rial (Dh2.4 million) cash prize from a bank raffle, saying it would be unlawful...

Fatal bus crash kills 2, injures many in Oman

A fatal accident on Friday killed drivers of a bus and a truck, while four passengers remain in critical condition with 31 others injured. Mohammad Akram, a...

Visa fee hike leaves tour operators in Oman in limbo

Tour operators were caught on the hop after the short stay visa fee for tourists was quadrupled. According to new rules which came into...

Fewer jobs for expat graduates in Oman

Expat graduates must be prepared to leave Oman for work as local jobs are unavailable, experts advised. Prashant Singh, Academic Advisor at Waljat College of...

Three months jail for jaywalkers in Oman

Jaywalkers in Oman now face a legal fine of OMR10 for jaywalkers rising to three months in jail for repeat offenders. Under Royal Decree 38/2016 walking...

Illegal smuggling of workers in Oman, a serious situation

Ahmad Rasheed, a Pakistani national, who entered Oman illegally one year ago, hunts for odd jobs every day. When he finally arrived in Oman’s Shinas...

Landlord innovation necessary as tenants take the driving seat in...

Challenging market conditions have led to flexible, innovative and revised approaches from landlords across the capital in an effort to entice prospective tenants, according...

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