Long joins from HSBC Bank Egypt and replaces Ewan Stirling.
The carrier’s annual loss widened by 16 per cent to OMR113.34 million in 2013.
Nearly 30 people accused of corruption have been sentenced to prison terms ranging from one to 23 years.
The committee includes the CEO of the Capital Market Authority and officials from the finance ministry.
The $3.6 billion Liwa Plastics Project will be built in Oman’s northern industrial city of Sohar.
Oman’s government has said it would revive its privatisation programme to raise revenue and stimulate the private sector.
The sale required investors to place minimum orders of two million shares each.
Three agreements were signed between Oman and Iran, one of which was an initial deal on building a gas pipeline linking Iran with the Sultanate.
The need for Islamic interbank tools is relatively acute in Oman because its Islamic banking regulations prohibit the use of commodity murabaha.
The move coincides with a wide-ranging government crackdown on corruption.
Mohammed Ali was previously sentenced to three years in jail in January over bribes made to Petroleum Development Oman.
Oman aims to raise gas output to an average of 120 million cubic meters per day (mcm/d) over the five-year period from 2014 through 2018, according to an official.
The bank will seek shareholder approval for its sukuk programme at a meeting on March 19 and regulatory approval thereafter, local media reported.
Shell Oman Marketing Company previously supplied half of Oman Air’s fuel at Muscat airport.
Around 114 expatriate employees in civil services have been replaced to date while the remaining 480 positions will gradually be given to Omanis by 2015, an official said.
Omnivest had previously said that it was looking into the feasibility of the transaction.
In contrast to other GCC nations, Oman’s banking sector is small but well performing with Islamic banking rising in prominence.
The government will offload 142.5 million Omantel shares, reducing its holding to 51 per cent from 70 per cent.
The Sultanate is looking to reduce its expat work force to 33 per cent from its current level of 39 per cent, a senior official said.
The officials were sentenced to three years in jail for abuse of office.
Oman relies on oil and gas for 87 per cent of its budget revenue.
Expenses for the quarter, which include wages, interconnection costs and roaming charges, reduced by 2.7 per cent.
Officials expect to award the first construction contract in 2015.
The first phase is reserved for wealthy local investors and due to finish in March and the second will be open to all Omanis, say reports.
Goutam Sen is allegedly being held in detention as part of a corruption probe involving Oman’s oil industry.
The group posted sales of $90.1 million in 2012, according to its financial statements.
The firm, majority-owned by Ooredoo, made a net profit of OMR10 million.
The lender offered a 15 per cent cash dividend plus bonus shares of 10 per cent in 2012.
The bank made a net loss of 1.8 million rials in Q4 2013, compared to a net loss of 4.77 million rials in the year before period.
The firm has been looking to secure more orders from Gulf countries to offset a projected decline in US military spending.
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