Posts Tagged ‘‘09’

Oman booked a budget deficit of RO22.1 million ($57.40 million) last year, well below RO810 million initially planned by the Gulf oil producer, central bank data showed on Sunday.

The sultanate’s expenditures reached RO6.709 billion in 2009, wh

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Monday, March 1st, 2010 at 10:41 | 0 comments
Categories: Economy & Business

Oman booked a budget deficit of RO22.1 million ($57.40 million) last year, well below RO810 million initially planned by the Gulf oil producer, central bank data showed on Sunday.

The sultanate’s expenditures reached RO6.709 billion in 2009, wh

read more….

Sunday, February 28th, 2010 at 19:22 | 0 comments
Categories: Economy & Business

As many as 32 co-operative banks in the country folded up last year forcing the depositors to invoke insurance guarantee to recover part of their losses.

Deposit Insurance and Credit Guarantee Corporation (DICGC), the Reserve Bank’s credit in

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Sunday, February 14th, 2010 at 22:09 | 0 comments
Categories: Global Market

Qatar Islamic Bank announced a QR1.32 billion ($362.5 million) net profit for the 2009 fiscal year, the profit stemming mainly from operating revenues and represents a 23 per cent growth rate from 2008.

Total equity increased to QR9 billion as

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Monday, February 8th, 2010 at 09:13 | 0 comments
Categories: Company

Dubai government-owned Emirates airline, the largest customer for the Airbus A380 superjumbo, said on Tuesday funding its aircraft purchases was not a problem and it would post solid results for 2009.

The Arab world’s largest airline, which ha

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Sunday, February 7th, 2010 at 20:26 | 0 comments
Categories: Economy & Business
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