<div><p>Finance chiefs of oil-rich Gulf states on Wednesday approved proposals to set up a monetary council and a draft charter for a monetary union, the Arab bloc's secretary general said.</p><p>Finance and economy ministers of the six-member Gulf Cooperation Council approved the draft ...
<div><p>The Saudi stock market, the largest in the Arab world, shed 9.6 percent at the opening on Monday after a week-long holiday, and shares in other energy-rich Gulf states also slumped.</p><p>It was the first day of trading in Saudi Arabia following the ...
<div><p>Most Gulf stock markets were trading in positive territory on Sunday after rebounding from falls at the open. </p><p>It was the second week of highly volatile trading on the markets in the face of the global financial crisis.</p><p>Dubai Financial Market, which ...
<div><p> Sir: The Malayan counter-insurgency campaign was not alone in its success (High life, 11 October). In Oman, in the 1970s, a handful of British officers masterminded and led a successful campaign against a Russiansupported insurgency which would otherwise have established communism ...
<div><p>* Zack Boyers has been named chairman and chief executive officer for U.S Bancorp Community Development Corporation, St. Louis. Boyers had been in a senior management role since 2003, leading the development corporation's Historic and New Market Tax Credit Investments product division. ...
<div><p>Spanish energy group Gas Natural said on Monday it had sold its five percent in national gas network operator Enagas to a division of state-owned oil company Oman Oil for 155.2 million euros (217.2 million dollars).</p><p>"Gas Natural has reached an agreement to ...
<div><p>A cargo vessel from Antigua and Barbuda has been seized by pirates off the coast of Oman, the first such attack in the area, a NATO spokesman told AFP on Friday.</p><p>"I can confirm a ship, the MV Charelle, has been hijacked Friday ...
<div><p>A maritime watchdog Thursday warned seafarers that Somali pirates were targeting ships at the southern end of the Red Sea and off Oman due to bad weather and the absence of naval warships.</p><p>"The two new areas are at Bab al Mandab, southern ...
<div><p>The US Senate on Friday confirmed President Barack Obama's ambassadors to Britain, Denmark, France, India, Kosovo, Oman, Romania and Tunisia, a congressional aide said.</p><p>Lawmakers approved the nominees by unanimous consent, a parliamentary procedure that does not require a recorded vote.</p><p> ...
<div><p>The sultan of Oman begins on Tuesday a visit to Iran, his first to the Islamic republic in 30 years, on the eve of President Mahmoud Ahmadinejad taking the oath for a new second four-year term.</p><p>Sultan Qaboos, who will be the first ...
