Search Result for : Oman

The Dollar Business Bureau India and Oman signed eight agreements, including MoUs on cooperation in the areas of defence, tourism, outer space and health, during the visit of Prime Minister Narendra Modi to the Arab nation. Prime Minister Modi, who reached Muscat from Dubai on his last leg of three-nation tour, also held wide-ranging discussions with the Sultan of Oman Qaboos bin Said al Said. The pacts signed between the two sided are: Agreement on Legal and Judicial Cooperation in Civil and Commercial matter; Agreement on mutual visa exemption for holders of diplomatic, Special, service and official passports; MoU on Cooperation in the field of health; MoU on Cooperation in the peaceful uses of outer space; MoU on Cooperation between Foreign Service Institute, Ministry of External Affairs, ...

The Dollar Business Bureau  Oman has finished preparations for becoming a regional hub for exports and imports, after billions of rials of investment for the development of ports along the country’s coast line, according to a report. The Sultanate has also finished the technical and legislative systems that would facilitate the work of exporters and importers and attract domestic as well as foreign investments, said a report by Oman News Agency. Oman was one of the nations that is going to benefit from the restrictions put on Qatar by four gulf countries during a regional crises. One of the steps taken by the Arab nations is blockading the access of Qatar to their ports.  However, Doha has mitigated the blockade effect by deciding ...

The Dollar Business Bureau India has plans to have an open sky agreement with the nations, which are within the radius of 5,000 km, said Oman Air Chief Executive Officer (CEO) Paul Gregorowitsch on Thursday. An open sky agreement refers to an agreement between two nations to allow each other airlines to have an unlimited number of flights, seats, etc between the two countries. “If the current policy of the Indian Government is to also consider an open sky (agreement) for those destinations which are within 5,000 kilometres materialises, in the next two years, then it will automatically (provide us) a more level environment,” said Gregorowitsch, while briefing a media round table in New Delhi. He was confident that the measure could be put ...

PTI  Indians have emerged the top foreign property investors in Dubai, spending over $3.2 billion last year alone, according to the Dubai Land Department. The total real estate investments last year reached Dh91 billion ($2.4bn) from 55,928 investors and Indians were ranked highest in terms of both volume and value among foreign investors with Dh12 billion ($3.2 bn) worth of property transactions from 6,263 buyers. In an effort to attract more investments from Indians, the 13th edition of the International Property Show will be held from April 2-4 this year. "The UAE's safe haven status, stable economic growth and bottomed out prices have been the key factors for attracting Indian realty investments in Dubai. In addition, many Indians find Dubai as ...

The Dollar Business Bureau With a focus to intensify military cooperation, India and Oman have signed four critical agreements, deepening the bilateral ties between them. The four agreements are on defence cooperation, maritime issues, marine crime prevention and flight safety information exchange. The agreement was signed after the maiden visit of Defence Minister Manohar Parrikar to Oman. Parrikar was on an official visit to Oman at the invitation of Minister Responsible for Defence Affairs of Oman, Bader Bin Saud Bin Harib Al Busaidi. The meeting concluded on Sunday. The minister spoke to the leadership about all the bilateral defence cooperation aspects and also the military to military exchanges. They also discussed views of regional developments of mutual interest. The minister reiterated the importance India attached ...

The Dollar Business Bureau The Khadi and Village Industries Commission (KVIC) under the Ministry of Micro, Small & Medium Enterprises (MSME) on Sunday, organized an event aimed at promotion of traditional industries of India. A national workshop on revamping of ‘Scheme of fund for regeneration of traditional industries (SFURTI)’ was aimed at creating platform for interaction and knowledge sharing on cluster development. Speaking at the meet, the Union Minister of MSME, Kalraj Mishra announced that under the current five year plan, the Ministry would set up 800 SFURTI clusters to boost the Khadi and Village Industries (K&VIs). Stating that the modernization of Khadi and traditional industries is a key for development, the Minister hoped that the new measures will ...