The traded value of property in Oman witnessed a significant growth of 94.1% by the end of first quarter this year, recording OMR 687.3 million compared with OMR 354.1 million during same period in 2013.
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Oman: Property transactions grow by 94.1%
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Oman Real Estate Association calls for regulatory agency
Muscat: Oman Real Estate Association (ORA) on Sunday called for establishing a national-level body for regulating the real estate market, especially property developers and brokerage firms.
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Oman plans to launch national strategy for real estate sector
Oman government is planning to introduce a national strategy for real estate sector, which is aimed at bringing world standards in construction practices as well as better coordination between basic infrastructure planning and property development.
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Comprehensive real estate index in Oman likely in few months
"The trend has changed from price index to a comprehensive project, which will be designed by NCSI. This will be available through
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Al Hosn launches OMR4m Barka greenhouse project
Al Hosn Investment Co (HIC) has launched a greenhouse farming project in the Al Fulaij area of the wilayat of Barka at an investment of over RO4mn. The total area of the project is 33ha, with a total annual production capacity of about 3,000 tonnes.
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OEPPA and ORA sign MoU to launch real estate quarterly
Oman Establishment for Press, Publication & Advertising (OEPPA), publishers of Oman Daily Observer and its sister Arabic daily, Oman, will produce and publish a quarterly magazine on the country's thriving real estate industry on behalf of Oman Real Estate Association (ORA).
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OMR30bn projects under way
Backed by the commitment of a solid government and macroeconomic fundamentals, almost all major infrastructure projects envisioned in Eighth Five-Year plan are nearing completion.
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Social welfare beneficiaries rise by 60%
Reflecting the ongoing efforts of the government towards providing a decent livelihood for citizens, and in particular to meet the needs of families or individuals who are struggling financially to meet their basic needs.
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KMEFIC: GCC Central Banks Digest - Update (Apr-14)
This is a PDF report.
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GCC countries looking for economic integration
The Gulf Cooperation Council (GCC) countries are moving in the right direction ahead of the implementation of the GCC customs union on January 1, according to Sultan Bin Saeed Al Mansouri, the UAE’s minister of economy.
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'57% of women in Arab world motivated at work'
While women in the Middle East and North Africa (MENA) are mostly content within their workplace, Bayt.com reveals that there are several factors that can increase levels of motivation.
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Sohar-Muscat pipeline work to be awarded soon
A front-end engineering design (FEED) contract for a 280-km pipeline connecting Sohar and Muscat refineries will be awarded in the near future, according to Minister of Oil and Gas Mohammed bin Hamad Al Rumhy.
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Muscat Grand Mall, SME authority offer retail outlets for small business units
In line with their continuous support to the small and medium-sized enterprises sector, Muscat Grand Mall and the Public Authority for SME Development have signed a memorandum of understanding (MoU) to develop an area up to 2,500 square metres.
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Authorities extend plans to set up retail outlets across malls in Oman
The Public Authority for SME Development is planning to extend the initiative of setting up small and medium sized units in different malls.
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Tender to select consultant to redevelop Muscat port floated
The ministry of transport and communications on Monday floated a tender for selecting an international consultant for redeveloping Muscat's Sultan Qaboos Port into an integrated tourism port.
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Galfar lowest bidder of dualisation project in Dhofar region
Galfar Engineering and Contracting Company turned out to be the lowest bidder of dualisation project between Taqah and Mirbat in southern Dhofar region.
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NBK: Economic Update - Equity Markets (22-May-14)
This is a PDF report.
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Banque Audi: MENA Weekly Monitor (24-May-14)
This is a PDF report.
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Gas volumes pledged for new industrial hubs
Natural gas output from energy major BP's tight gas fields in Block 61 will not only support the energy and feedstock requirements of the Duqm Special Economic Zone (SEZ).
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Aviation sector in for major revival
Oman's aviation sector law and regulations are in for a major overhaul aiming at accommodating private players in various projects which include the proposed budget airline, private jet service and sea aviation, according to the CEO of the Public Authority of Civil Aviation (PACA).
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