The government currently owns more than 60 companies across various sectors in the country.
The government plans to offload a 19 per cent stake in the operator via a public subscription.
Oman has been agreeing to buy gas from Iran as far back as 2005 but the two sides have never finalised terms.
Oman’s entrepreneurs can add value to the government’s job creation efforts, if given adequate support.
Homosexuality is punishable by law in Oman.
The two nations have signed a 25-year deal valued at around $60 billion.
Oman became the last country in the GCC to adopt Islamic finance in December 2012.
The $1 billion power plant will offer 33.4 million existing ordinary shares at a price of OMR1.59 per share.
The lender, Oman’s first full-fledged Islamic bank, launched operations in January.
According to reports, those pardoned include 14 people serving prison sentences ranging from 30 months to five years.
Bank Dhofar, the larger of the two lenders, said last week that it had approached Bank Sohar with regards to a merger proposal.
Net profit for the first half of the year was 18.77 million rials compared with 19.92 million rials in the prior year period.
The new entity would have total assets worth 4.13 billion rials and a market capitalisation of around $1.76 billion.
New facility provides premium passengers with a smoother start to their journeys and less waiting times
Oman’s biggest lender by market value reported a net profit of 63.1 million rials in the first half of 2013, down from the prior-year period.
The UK group bought Topaz Oil and Gas to expand its growth in the Middle East.
The flight from Muscat to Kuala Lumpur was diverted to Mumbai after the threat was received.
BP has already spent hundreds of millions of dollars on the project since winning the concession in 2007.
The order, previously logged as being from an unidentified customer, makes Oman Air the first Gulf customer for the next generation aircraft.
Investigation now underway into the cause of the damage on the evening flight from Muscat.
The sultanate’s central bank has issued a warning to the country which echoes a similar statement by the IMF last week.
The sultanate needs to adjust its fiscal balance by around 10 per cent of GDP over the medium term, said the IMF.
The non-OPEC oil exporter’s only previous international bond was a $225 million Eurobond sold in March 1997.
The Kuwaiti Fund for Arab Economic Development will supply the amount in annual installments over a 10-year period.
The order, which will bring Oman Air’s A330 fleet to a total of 10 aircraft, is thought to be worth around $720 million.
The U.S. Secretary of State met Oman’s defence minister in the Sultanate on Wednesday to oversee the $2.1 billion deal.
The Gulf State has commissioned the Middle East’s first solar enhanced oil recovery (EOR) project.
A two-month shutdown of Oman’s biggest refinery slashed Omani regular gasoline output by 42 per cent in the first quarter of 2013.
Bank of Muscat lost $40 million and UAE-based RAKBANK lost $5 million in the global heist.
Bank Muscat had reported in February that its pre-paid travel cards were hit by fraud, forcing it to take a 15 million rial ($39.0 million) loss provision.