INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Oman to ease Covid-19 measures from Aug 21

  • Covid-19 infections are decreasing in Oman, with 187 reported per day on average over the past week
  • There have been 300,728 cases in all since the beginning of the pandemic, and 4,013 deaths till date

Oman is all set to relax on Saturday, August 21, a curfew that it had imposed to combat the spread of Covid-19, local reports have said.

The relaxation will come in the form of the reopening of public buildings, malls, and restaurants, as well as the resumption of public events, said the local reports.

Shops in the country have been closed and commercial activities shuttered between 8 pm and 4 am since May.

They will reopen on Saturday, but access would be restricted again between those hours from September 1 to only those people who have been doubly vaccinated against the virus, according to a government committee that was tasked with coordinating efforts against the pandemic.

The committee, however, did not give an explanation for the two-stage process, said the local reports.

Vaccination is also being introduce as a condition for visitors entering Oman, on top of an existing a seven-day quarantine requirement.

Covid-19 infections are decreasing in Oman, with 187 reported per day on average over the past week.

There have been 300,728 cases in all since the beginning of the pandemic, and 4,013 deaths till date.