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Iran under accusations of Gulf of Oman tankers’ attack

Bernhard Schulte Shipmanagement (BSM) said on Friday that its chemical tanker Kokuka Courageous, which was attacked in the Gulf of Oman on Thursday, is being towed toward Khor Fakkan, in the UAE, with its crew back onboard.   In a statement, the BSM said that the Kokuka Courageous “was now undertow and headed toward Khor …

Mohammed El-Said

Omani sovereign wealth fund explores investment opportunities in Egypt

A mission from Oman’s State General Reserve Fund (SGRF) will visit Egypt soon to explore investment opportunities, according to a Tuesday’s statement by the Ministry of Investment and International Cooperation. The Minister of Investment, Sahar Nasr, visited the Omani capital Muscat as part of an Egyptian delegation to the Egyptian-Omani joint committee, which kicked off …

Daily News Egypt

Oman: a peaceful oasis in a flaming region

In a fractious, unstable region rife with conflict, one country appears to be unscathed. It is telling that Oman emerged not only intact from the ramifications of the Arab Spring, but also shied away from the intense polarisation that has hijacked the rest of the Middle East. Oman’s position on various regional issues is self-evidently …

Fadi Elhusseini

Gulf football diplomacy highlights regional divisions

By James M. Dorsey Wealthy Gulf states have invited Jordan and Morocco to compete in future Gulf Cups as part of a bid to strengthen their fragile six-nation Gulf Cooperation Council (GCC) at a time that they have at best papered over deep rifts within the group. The invitation follows an earlier stalled attempt to …

Daily News Egypt

UAE’s Air Arabia bets on Ras Al Khaimah hub

The Sharjah-based budget carrier, which currently operates out of three hubs in the Gulf and North Africa region, signed an agreement with the RAK government in February declaring it the official carrier for the emirate and RAK airport as its new hub.

Daily News Egypt

After popular protests, Oman starts to pursue graft

Reuters – Young Omanis who took to the streets in 2011 to demand jobs and better economic prospects failed to trigger the mass protests that transformed other parts of the Arab world in their own Gulf state. But they may have had an impact all the same, as authorities are making a start on a …

Daily News Egypt