Oman Financial News

Uganda secured its place in a global cricket tournament for the first time Thursday after beating Rwanda in African qualifying for next year's T20 World Cup. The country of 50 million in East Africa got into the expanded 20-team competition, being co-hosted by the West Indies and the United States in June, at the expense of Zimbabwe — an established cricketing nation. Uganda defeated Zimbabwe by five wickets on Sunday for its first ever win over a Full Member team in a T20 international, and followed that up by dismissing Rwanda for 65 then reaching its target in 8.1 overs in Windhoek, Namibia. Namibia has also advanced through African qualifying to complete a lineup of teams that also contains Oman, Nepal, Papua New Guinea and Canada.

commerce ministry is working to address issues related to non-tariff barriers and market access for domestic products in sub-Saharan African countries like Nigeria, Ethiopia, Ghana and Gulf nations to boost India's exports, an official said. The official said meetings have been held with Indian missions of the sub-Saharan African countries with which India has significant bilateral trade. The major trading partners of India in that region in 2022-23 were South Africa (total trade USD 18.9 billion, exports USD 8.5 billion); Nigeria (USD 11.85 billion, exports USD 5.15 billion); Togo (USD 6.6 billion, exports USD 6 billion), and Tanzania (USD 6.5 billion, exports USD 3.93 billion). The other countries were Mozambique (USD 5 billion, exports USD 2.5 billion); Angola (USD 4.22 billion, exports USD 621 million); and Kenya (USD 3.4 billion, exports USD 3.2 billion). «A virtual meeting with Indian Mission of top 10 countries (bilateral trade-wise) in sub-Saharan African region was held in September to discuss the overall economic and commercial relations with those countries, export performance and non-tariff barriers which are acting as impediments to bilateral trade and enhance exports,» the official said. A similar meeting was also held with Indian Missions in GCC countries. GCC is a union of six countries in the Gulf region — Saudi Arabia, the UAE, Qatar, Kuwait, Oman, and Bahrain.

By Ateeq Shariff

Eddie Murphy is returning to the Beverly Hills Cop franchise as Axel Foley in Beverly Hills Cop 4. The actor, comedian will be reprising the character of Axel nearly 30 years after the premiere of Beverly Hills Cop 3. The first look photo of Eddie Murphy as Axel Foley in Beverly Hills Cop 4 has been shared by Netflix with a caption “He's back. Axel Foley returns in 2024!”

Also Read: Google Doodle celebrates Czech Republic Freedom and Democracy Day 2023. All you need to know The most significant parade in Riga draws a large crowd, with thousands of spectators cheering for military personnel and marching bands as they proceed.

Independence Day with parades, concerts, fireworks, and flag-raising ceremonies. They are traditionally dressed in long-sleeved dresses called kaftans and decorated robes with pointed hoods called djellabas. They are also waving the national flag, which is represented in today's artwork in red and green colors.

Google Doodle on November 18 marks Oman's National Day, honouring the oldest independent state in the Arab world. The doodle symbolizes the country's liberation from Portuguese forces on this day in 1650, ending almost 150 years of colonization. The festivities begin with students singing Oman's national anthem, "as-Salâm as-Solṭâni," fostering national pride.

Arindam Bagchi said the Indian government is engaged with the Qatari authorities over the matter and is providing all legal and consular assistance to the Indian nationals. The eight Indian nationals, including decorated officers who commanded frontline warships in the Indian Navy, were on October 26 given death sentence by Qatar’s Court of First Instance. The Indian government described the ruling as “deeply" shocking and vowed to explore all legal options in the case.

Bharat Mandapam (Pragati Maidan) is set to come alive as the India International Trade Fair (IITF) opens its doors on November 14, marking a significant annual event for the capital. Officials have revealed that this year's theme is «Vasudhaiva Kutumbakam — United by Trade,» emphasizing global unity through commerce. Trade Fair participants: With participation from 28 states and Union territories, IITF 2023 promises a vibrant display of diversity and business acumen until November 27.

UAE. The Singapore-headquartered transportation solutions enterprise, BoxcoWorld FZE, on November 1 inked a memorandum of understanding with Dubai-based global maritime major DP World to invest $28 million to construct a modern warehouse in the Jebel Ali Free Zone, a free trade zone in the UAE. The deal was signed by Abdulla Al Hashmi, COO of Parks & Zones, DP World, UAE Region, and Vir Kotak, Founder of BoxcoWorld. DP World is an multinational logistics company specialising in cargo logistics, port terminal operations, maritime services and free trade zones.

PTI reported. In an official statement, the DMRC said the entry tickets will be available at only 55 selected metro stations including Shaheed Sthal (New Bus Adda), Dilshad Garden, Shahdara, Inderlok, Netaji Subhash Place, Rohini West, Rithala, Noida City Centre, Mandi House, Kashmere Gate and Barakhamba station among others.

By Md Manzer Hussain

₹12.43 crore from booking, according to the data of Sacnilk.com released on Friday. The Katrina Kaif and Emran Hashmi starrer movie is now running in two figures and there are also high chances that it will become the biggest Diwali opener in India. The movie will be released in various formats including 2D, IMAX 2D, and 4DX.

Gulf countries with one visa, just like Schengen countries! In a bid to simplify travel logistics and boost tourism, the Gulf Cooperation Council (GCC) countries have recently approved a unified tourist visa that will allow people to travel across member states such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. This was announced by GCC President Sayyed Hamoud bin Faisal Al Busaidi during the 40th meeting of the Interior Ministers.

Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payments provider Onafriq.

Saudi Aramco has kept its December official selling price for its Arab Light grade for Asian customers steady at $4 a barrel premium to the Oman/Dubai average from the previous month, two sources with knowledge of the matter said on Monday. The price change for the Saudi flagship grade is in line with market expectations.

health insurance for themselves or their dependents in India. According to a PolicyBazaar report, among NRIs, those from Gulf nations like the UAE, Saudi Arabia, Qatar, Oman, and Kuwait constitute the largest percentage of health insurance buyers, at 58%, followed by the USA/Canada (14%), the UK (8%), and Australia (6%). Think you check all the immigration boxes? Find out The appeal lies in the lower cost of health insurance in India compared to other countries, making it a viable choice for those residing abroad. Family floater health insurance plans are the preferred choice among NRIs, accounting for 40% of purchases. A significant portion of these policies (25%) is bought for parents or senior citizens residing in India. To maximize their health insurance benefits, NRIs opt for high-sum insured plans, especially crucial for severe illnesses or costly medical conditions. At least one-fourth of NRIs choose coverage of more than Rs 1 crore, while 34% opt for a sum insured between Rs 25 lacs to Rs 1 crore. Over half of the buyers opt for multi-year policies to take advantage of premium discounts. This not only locks in the premium for the chosen period but also guards against medical inflation or changes in premiums due to increasing age.

hasn't made public any details about the case, the Indian government said Thursday it's exploring legal options after it received initial information about the sentencing. The Indian government expressed “shock" over the sentencing and said in a statement, “We are deeply shocked by the verdict of the death penalty and are awaiting the detailed judgment." The former Indian Navy personnel are Captain Saurabh Vashisht, Commander Purenendu Tiwari, Captain Birendra Kumar Verma, Commander Sugunakar Pakala, Commander Sanjeev Gupta, Commander Amit Nagpal and Sailor Ragesh. All of these former Navy officers had "unblemished stints" of up to 20 years in the Indian Navy.

extremely severe cyclonic storm on Sunday and is headed towards the Yemen-Oman coasts, the India Meteorological Department (IMD) said. The cyclonic storm is predicted to move northwestwards and cross the Yemen-Oman coasts between Al Ghaidah (Yemen) and Salalah (Oman), close to the east of Al Ghaidah around noon on October 24 as a very severe cyclonic storm with wind speeds of 115-125 kmph, gusting to 140 kmph, it said.

Cyclone 'Tej' brewing over the south-west of the Arabian Sea is very likely to intensify into an extremely severe cyclonic storm in the forenoon of Sunday morning, the India Meteorological Department has said. «VSCS (very severe cyclonic storm) Tej lay centred at 2330 IST on October Oct 21 over SW Arabian Sea, about 330 km ESE of Socotra (Yemen), 690 km SSE of Salalah (Oman), and 720 km SE of Al Ghaidah (Yemen).

Read all the latest updates on Cyclone Tej at Mint's LIVE blogIn 2022, no tropical storm was formed over the Arabian Sea during the post-monsoon season, while the Bay of Bengal witnessed two tropical storms -- Sitrang and Mandous.Cyclones in the Arabian Sea have a history of uncertain tracks and timelines, according to Skymet Weather.Once the cyclones are over the central parts of the Arabian Sea, their preferred track is towards Somalia, the Gulf of Aden, Yemen, and Oman. However, on a few occasions, these cyclones take a detour and head towards the Gujarat and Pakistan coastline, Skymet said.Cyclone Tej will be followed by the Iran-named Cyclone Hamoon – whenever it may occur.