Business Blog

Three Omani firms plan sukuk issue

At least three Omani companies are planning to float sukuk issues this year for raising funds for their expansion programmes.

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Mobily wins award for best commercial financing deal

Mobily won another award for the best trade finance deal by "Global Trade Review World" during a celebration at the Jumeirah hotel in London.

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Jumeirah appoints new GMs at three of its hotels

Jumeirah Group said on Wednesday it has appointed new General Managers at three of its luxury hotels around the world. Christophe Mousset will join Jumeirah Bilgah Beach Hotel in Baku, Mete Atakuman will lead the pre-opening at Jumeirah Guangzhou in China and Hakan Petek has been appointed at Jumeirah Messilah Beach Hotel & Spa in Kuwait.

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Marriott mobile check-in is live across 16 hotels in MEA

Marriott Hotels, the flagship brand of Marriott International, said on Wednesday it has expanded mobile check-in and checkout globally for Marriott Rewards members to nearly 500 hotels.

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Dubai's Safari Park zoo to open next year

Tucked away behind a large security fence on Al Aweer Road opposite Dragonmart, workers are diligently building and landscaping the desert to shape Dubai’s new Safari Park zoo in time for a 2015 opening, say officials.

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US STOCKS SNAPSHOT-Dow closes at a record high, buoyed by IBM

NEW YORK, May 9 (Reuters) - The Dow ended at a record high on Friday, boosted by shares of IBM IBM.N , while a rebound in high-growth momentum names helped the broader market. The Dow Jones industrial average .DJI rose 32.37 points or 0.2 percent, to...
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