Oman’s markets hit by fruit and vegetable shortage

Several supermarkets and markets in Oman have been hit by a shortage of fruits and vegetables, according to reports.

 

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Samaritan helps in release of Omani loan defaulters

Tens of Omani loan defaulters who were serving sentences in Omani prisons, were released on Tuesday, thanks to an ongoing campaign.

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Bahrain’s GFH receives $2.5m as legal settlement from Prescott Energy

Bahrain-based investment bank Gulf Finance House (GFH) has received $2.5m in cash as the legal settlement in a case filed against Prescott Energy and its affiliates.

 

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Bahrain wealth fund Mumtalakat hopes to invest in Aramco IPO – CEO

Bahrain’s sovereign wealth fund Mumtalakat hopes to take part in the initial public offering (IPO) of shares in Saudi state oil giant Aramco, the fund’s CEO told Reuters, predicting additional opportunities from the kingdom’s reform programme.

 

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Saudi Aramco signs deal with foreign, local firms to build huge shipyard

Saudi Aramco said on Wednesday it had signed a joint venture agreement with three firms to build a shipyard on the kingdom’s east coast, part of the government’s drive to diversify the economy beyond oil.

 

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