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Sultan Qaboos of Oman gives a speech in Germany on Oman’s 44th national day (Omani Press Agency)
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Omanis shop at a market in Muscat on August 11, 2010. (MOHAMMED MAHJOUB/AFP/Getty Images)
Oman scraps price controls for most goods
Muscat and Dubai, Reuters—Oman has scrapped price controls for all but 23 basic products, prompting rare public criticism of government policy, after companies demanded freer markets. Economists said the move was unlikely to have a major impact on inflation. Under...Caption:
Sultan Qaboos, second right, receives Iranian president Hassan Rouhani, left, at Al Alalam Palace in Muscat, Oman, Wednesday, March 12, 2014. (AP Photo/Abo Zayed)
Rouhani pays first visit to Arab world with Oman trip
Tehran and London, Asharq Al-Awsat—Iranian president Hassan Rouhani began an official two-day visit to the Sultanate of Oman on Wednesday, in a bid to improve relations with Iran’s Gulf neighbors and build economic ties. The trip marks Rouhani’s first visit to an Arab...Caption:
File photo—Oman’s Sultan Qaboos Bin Sa’id Al Sa’id salutes during the military parade in the capital Muscat, marking the Sultanates 43th National Day, on November 18, 2013. (AFP PHOTO/MOHAMMED MAHJOUB)
BP signs deal to develop $16 bln Oman shale gas project
Muscat/Dubai, Reuters—BP has signed 30-year gas production sharing and sales deals to develop Oman’s Khazzan tight gas project at an estimated investment of 16 billion US dollars, the UK energy giant and Omani government announced on Monday. The Khazzan gas...Caption:
Iran’s President Hassan Rouhani (R) walks with Oman’s Sultan Qaboos bin Said ahead of a meeting in Tehran in this August 25, 2013 photo provided by the Iranian state news agency (IRNA) (REUTERS/IRNA/Handout via Reuters)