OQIC, a premier insurer in Oman, is offering 25 million offer shares at an offer price of 160 baisa per offer share, (comprising a nominal value of Bzs 100 per offer share, premium of Bzs 58 per offer share and offer expenses of Bzs 2 per offer share).

Following the IPO, the company expects to generate a five-year average dividend yield of 10 per cent. This compares favourably with the average dividend yield of eight per cent for the insurance companies currently listed on the Muscat Securities Market.
"...

Pakistan’s import of liquefied natural gas (LNG) from Qatar has reached to 140,000 cubic meters, official media said here on Saturday.

At present, five cargoes with a combined capacity of around 140,000 cubic metres LNG or 500 million cubic feet per day (mmcfd) gas is being imported from Qatar on a monthly basis.

Reports quoting official sources said that the state-owned Pakistan State Oil (PSO) signed a 15-year agreement with"...

The Emirates Policy Centre will organise a workshop titled,'Qatar’s Unilateral Policies: Assessment of the Political Risks of Doha’s Ambitions' on Monday, with the participation of prominent experts, scholars, academics and media.

Dr. Ibtisam Al-Kitbi, President of the centre, said that the workshop will tackle the circumstances of the Qatari crisis in its Gulf and Arab contexts and the consequences of this crisis on Gulf and"...

The Emirates Policy Centre will organise a workshop titled, “Qatar’s Unilateral Policies: Assessment of the Political Risks of Doha’s Ambitions” on Monday. Prominent experts, scholars, academics and media will take part.

FM flays terror funds

UAE vows zero-tolerance for terror funding, Foreign Minister Sheikh Abdullah Bin Zayed said at the UN.

Dr Ibtisam Al Kitbi, President of the centre, said that the workshop will tackle the circumstances of the Qatari crisis"...

Several expatriates have stressed the need to make available translated copies of the country’s labour rules in different languages, including English.
Justifying the demand, they said providing copies of the Ministry of Administrative Development, Labour and Social Affairs’ guidelines in languages that are most commonly spoken by the country’s expatriates would help offer clarity on ways to address the issues faced by workers.
Some expatriates who are facing problems at their workplace, as well"...

The importance of getting research funding right – and ensuring it enables discoveries and innovations that can make a genuine impact – was outlined by an international expert through a Qatar Foundation Research and Development (QF R&D) ‘Research Dialogue’ discussion.
Prof Jonathan Grant, assistant principal, Strategic Initiatives and Public Policy at King’s College London, emphasised how funding for research is essential to producing outcomes that bring economic and social benefit,"...

In an new initiative to find the prevalence of dementia in the country as well to help early diagnosis of the disease, Hamad Medical Corporation (HMC) will soon start a community survey.

In this regard an unified dementia guideline will be introduced across HMC hospitals, said Dr Mani Chandran (pictured), a Consultant Geriatric Psychiatrist at HMC.

“We still don’t"...

Amid increasing frequency of shipments by sea between Qatar and exporting countries, food prices in the local markets are expected go back to pre-blockade positions by October and November, said Mohamed Althaf, Director of Lulu Group International.

In an exclusive interview with The Peninsula Althaf said: “We have been working to bring back the prices at pre-siege level. This is our commitment to the customers and we are very close to our"...

Sidra Medical and Research Center (Sidra) has launched a survey to seek insights on the expectations from families in Qatar about the medical and research centre. The approach is a key step towards the organisation’s efforts to deliver patient and family focused care – by ensuring that the community is at the centre of hospital decision making.

Community Engagement and Events Manager, Dr Eman Nasralla said, “Our ability to enhance"...

With India and the UAE forging strategic ties across a spectrum of shared interests, this is an opportune time for key stakeholders from both nations to engage in strategic discussions and catalyze economic growth. It is in this context that The Economic Times India UAE Strategic Conclave is being held in Dubai on 27th and 28th September under the patronage and in the presence of His Excellency Sheikh Nahyan Bin Mubarak Al Nahyan, Cabinet Member and Minister of Culture and Knowledge Development, UAE, seeks to give a further"...