Trends - Oman - Business Recorder

Oman

Boarders exit tanker off UAE coast, ship safe: British agency

The US State Department had said it was looking into reports of a maritime incident in the Gulf of Oman, but that it was too early to offer a judgement

Published 04 Aug, 2021 12:29pm

World

Israel says 'evidence' links Iran to deadly tanker attack

"Iran must end such attacks, and vessels must be allowed to navigate freely in accordance with international law," Raab said in a statement.

Published 01 Aug, 2021 10:16pm

World

Iran denies involvement in attack on Israeli-managed tanker off Oman

The Zionist regime (Israel) has created insecurity terror and violence these accusations about Iran's involvement are condemned by Tehran

Published 01 Aug, 2021 01:01pm

Sports

ICC announces groups for T20 World Cup

LAHORE: The International Cricket Council (ICC) has announced the groups for ICC Men’s T20 World Cup 2021 to be...

Published 19 Jul, 2021 06:17am

Sports

T20 World Cup moved to UAE and Oman; ICC confirms

The BCCI had already said on Monday the tournament would be shifted.

Updated 29 Jun, 2021 05:54pm

World

Oman launches investment residency scheme for foreigners

MUSCAT: Oman will begin issuing long-term residency to foreign investors, the government said Wednesday as...

Published 24 Jun, 2021 03:36am

Markets

Oman LNG and Shell sign agreement for carbon-neutral LNG

The cargo is the first carbon-neutral LNG from the Middle East using nature-based carbon credits.

Published 08 Jun, 2021 11:26am

Pakistan

Philippines extends ban on inbound travel from several countries including Pakistan

Philippines president has prolonged partial coronavirus curbs in the capital and nearby provinces until mid-June
Extends ban on inbound travel from India, Pakistan, Sri Lanka, Bangladesh, Nepal, Oman, UAE until June 15

Published 01 Jun, 2021 03:38pm

Oman to suspend travel from Pakistan

DUBAI: Oman will bar entry to arrivals from India, Pakistan and Bangladesh starting April 24, as part of measures to...

Published 22 Apr, 2021 03:55am

Markets

Middle East Crude-Benchmarks rise; Saudi raises April OSPs for Asia

Saudi Arabia's state oil producer Aramco set its April official selling price (OSP) for its Arab Light crude to Asia at plus $1.40 per barrel versus the Oman/Dubai average, up $0.40 from March.

Published 09 Mar, 2021 10:39am

Markets

US to impose anti-dumping tax on 18 countries

According to the statement, 559 orders on various imports are currently in effect to "provide relief to American companies and industries impacted by unfair trade."

Published 03 Mar, 2021 11:20am

World

Iran rejects Israel PM's charge it attacked ship

We strongly deny this accusation," spokesman Saeed Khatibzadeh said.

Published 01 Mar, 2021 01:58pm

World

Oman bans entry from 10 countries to curb coronavirus spread

The countries are: Sudan, Lebanon, South Africa, Brazil, Nigeria, Tanzania, Ghana, Guinea, Sierra Leone, Ethiopia. The decision is effective from Thursday.

Published 23 Feb, 2021 11:41am

Oman bars expats from certain jobs

MUSCAT: Oman announced Sunday it will bar expatriates from certain jobs in an effort to create more employment...

Published 25 Jan, 2021 04:23am

World

Oman bars expats from certain jobs amid economic downturn

It added the work permits of foreigners in those professions will not be renewed after their expiry date.

Published 24 Jan, 2021 05:07pm

World

Oman to close land borders again to curb coronavirus: state media

The measure will come into effect from 6 p.m. (1400 GMT) on Monday.

Published 17 Jan, 2021 04:54pm

World

Oman registers first case of new virus variant in traveller from UK

The resident developed respiratory symptoms in quarantine, despite testing negative before travelling.
Oman reopened its land, air and sea borders on Dec. 29, after a one-week shutdown over the new variant.

Published 05 Jan, 2021 06:26pm

World

Strait of Hormuz: the world's most important oil artery

In May 2019, four vessels - including two Saudi oil tankers - were attacked off the UAE coast near Fujairah, one of the world's largest bunkering hubs, just outside the Strait of Hormuz.

Published 05 Jan, 2021 10:22am

Markets

Average Dubai crude oil price rises to 10-mth-high in December

Saudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Dubai and DME Oman crude futures.

Published 04 Jan, 2021 09:22am

Business & Finance

Oman expects public debt to top $56 billion by end-2021

That would mean a rise of about 23% since end-2019, when the figure stood at 17.6 billion, according to a government bond prospectus.

Published 03 Jan, 2021 02:12pm

World

The Gulf Cooperation Council: a bloc in crisis

But it has been in crisis since June 5, 2017 when Saudi Arabia, UAE and Bahrain, along with non-GCC member Egypt, severed diplomatic ties with Qatar.

Published 03 Jan, 2021 11:44am

World

Saudi-led coalition discuss 'cooperation' with Qatar, ahead of GCC summit

On Sunday, foreign ministers of the Gulf Cooperation Council (GCC) countries held a virtual meeting discussing "cooperation" ahead of a landmark regional summit next month, amid efforts to end the rift between Qatar and a Saudi-led alliance.
Foreign ministers from Saudi Arabia, the United Arab Emirates, Bahrain, Oman and Kuwait took part in the meeting, while Qatar was represented by its Minister of State for Foreign Affairs.

Updated 28 Dec, 2020 05:58pm

Pakistan

PIA cancels its flights for Oman from Dec 22 to 29

As per announcement the decision based on Oman's Supreme Committee for dealing with COVID-19, all international flights for passengers travelling to and from the Sultanate of Oman will remain temporarily suspended from Dec. 22 to Dec. 29.

Published 22 Dec, 2020 01:29am

World

Saudi Arabia, Oman to close borders for one week over new COVID strain

Fellow Gulf Arab state Oman will close its land, air and sea borders for one week starting Tuesday, state television reported on Monday.
In Kuwait, the civil aviation authority added the United Kingdom to its high-risk list of countries on Sunday, meaning all flights from it are banned.

Published 21 Dec, 2020 06:41pm

Markets

Oman sets up new energy company to raise capital

Block 6 is Oman's largest oil and gas operation, according to energy consulting firm Wood Mackenzie.

Published 06 Dec, 2020 06:35pm

World

Oman to enact labour, taxation and subsidy reforms, says minister

Low oil prices and the economic slowdown caused by the new coronavirus outbreak are straining the finances of Oman, a relatively small energy producer with debt rated "junk" by all the major rating agencies.

Published 05 Dec, 2020 03:22pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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