Tuesday, 25 January 2011
Happy birthday HiFM!
In the last 3 years, we've seen a second English language radio station launch, promptly take control over the incumbent Oman FM and continue to top the charts here. We've seen new concerts, comedy events and more because of the efforts of HiFM.
And to top it all off, earlier this month in the Business Today magazine, HiFM were recognized as the strongest radio brand by nearly double of it's closest competitor - that takes quite some doing.
I've had a laugh poking fun at Darren in the past, and it was well worth it as he turned out to be a nice guy.
This year will bring a few challenges though, the Sabco group are planning to launch their own English language radio station and are in their final stages of awaiting their license to start broadcasting. Competition is good I say!
Well done on 3 years - I hope you have many more!
le fin.
Omantel rolls out new Internet packages
Because it's some awesome news! That's why!
Starting on Wednesday January 26th, 2011; Omantel will be rolling out the following new Internet packages:
Yes, thats correct, I had to double check myself to be sure. 40Mbps down and 5Mbps up for 60 rials a month with unlimited usage and the fixed line rental thrown in as well. I imagine that the 24Mbps and 40Mbps tariffs will only be for people that have FTTH (eg Wave residents). Personally I'm excited about not having to fork out RO 99 a month any more, and getting 12 Mbps unlimited now for only RO 35 a month!
For those subscribers that were previously on different plans, you will be upgraded as follows:
Existing subscribers in the 512Kbps plan will be upgraded to the B plan which features a download speed up to 2Mbps for a monthly subscription fee of RO 12/ only.
Existing subscribers in the 1Mbps plan will be upgraded to the B plan which features a download speed up to 2Mbps for a monthly subscription fee of RO 12/ instead of RO 19.
Existing subscribers in the 2Mbps plan will be upgraded to the C plan which features a download speed up to 2Mbps plus unlimited internet usage and bundled fixed line with 100 free minutes(on-net fixed to fixed) for a monthly subscription fee of RO 20/ only instead of RO 29.
Existing subscribers in the 4Mbps plan will be upgraded to the D plan which features a download speed up to 5Mbps plus unlimited internet usage and bundled fixed line with 100 free minutes (on-net fixed to fixed) for a monthly subscription fee of RO 25/only instead of RO 39.
Existing subscribers in the 8Mbps plan will be upgraded to the E plan which features a download speed up to 12Mbps plus unlimited internet usage and bundled fixed line with 100 free minutes (on-net fixed to fixed) for a monthly subscription fee of RO 35 only instead of RO 99.
Now, to me, Plan A and B will become very unpopular except for those that are very light users of the Internet. I suspect Plan C will become the most popular (unlimited downloads for RO 20 a month at 2Mbps).
The other big news is that for most subscribers (Plans C-G) the fixed line rental fee (currently RO 4.900) is bundled into the cost. This is a great step forward from Omantel, it's like we've gained 10 years in technology and pricing in this one fell swoop.
I wonder how the people at Nawras will respond to this?
le fin.
Monday, 24 January 2011
Rugby Legends Dinner - 16th February
For RO 35.000 you get:
A 4 course meal
Complimentary drinks at the table and welcome drinks upon arrival
Speeches from two Rugby Legends: Fergus Slattery and John Bentley.
10 seats to a table, don't delay, tickets are very limited!
le fin.
Saturday, 22 January 2011
Rain, and last weeks Green March
Firstly, it's been raining, obviously! I enjoy the rain, especially listening to it at night. Its been looking like it was going to rain for days and days, so I was happy when it finally started to pour yesterday (I get a couple days off from watering my plants!). There were a few drops on Thursday as well but not much. The latest forecast on Weather Underground shows that by Monday we should be back to the sun.
Now, someone commented on a previous post of mine their surprise about me choosing not to write about the demonstration (Green March) last week. I wanted to devote a bit more time to it before blurbing about it in my jumbled up post last week.
Last week, on Monday the 17th January, 2011, approximately 200 (source is this Gulf News article) Omani's demonstrated in the Wizarat Ministries area protesting over the rising cost of living, low wages and corruption. As far as protests go, this was pretty poorly attended. Which surprises me because there was clearly quite some organization in getting an approval to come and protest, yet spreading the word about the protest did not seem to be done very well (it seems it was done via SMS messages). The Gulf News article seems to attempt to link this demonstration with those that have recently been occurring in Tunisa. No idea why, and I think perhaps the author was trying to spin something into their article that simply wasn't there.
People were chanting:
Salaries! Salaries! Jobs! Jobs! No to corruption! No to corruption!
Now, the cost of living here in Muscat has indeed increased pretty sharply in recent years, and I certainly believe that there are many Omani nationals here who are under-paid for one reason or another. I have no doubts in my mind that there is corruption here as well.
I think the pay scale should be the same for many jobs here. There's plenty of competent and capable Omani's who are paid less for doing the same job as an expatriate worker. Let's be clear here, Salary is different to living allowances, which are often paid to expatriate workers to cover their incurred living expenses for moving here to the Sultanate. That is another kettle of fish but is essentially the carrot to bring people like me over here.
For me, the single biggest piece of news here was that a demonstration was allowed to even take place. I'm going to put myself out there a bit and say that for the most part, Omani's are very fortunate people, they have these following nice perks:
- Free healthcare
- Subsidized fuel, power and water (heavily subsidized)
- Omanization protecting jobs (you wont see this in Europe)
- Practically free land awarded via lottery frequently
- No income tax
- No property/council tax
- No road tax (just the RO 20 per year renewal fee for the mulkia)
However, the minimum wage for Omani's (holding high school diploma certificates) is pathetically low (its around RO 150), and as the cost of basic food items has increased, and continues to do so, this minimum wage has not been increased. This rise in food costs is reflecting the world market's general trends as a whole, but many people do not see an uplift in their salaries each year to account for inflation.
It appeared that the demonstration was targeting the Merchants who are charging increased costs for these basic foodstuffs. That could really only mean flour and rice, seeing as how Oman locally produces dairy products, meat, vegetable and fruits, and the cost of these items are low.
Merchants such as Lu-Lu's, Carrefour, The Sultan Centre, Al Fair and so on are naturally charging for items to generate a profit, this is the nature of a free market. Perhaps what is needed is a combination of increased salaries (revised minimum wage) to those in low-paying jobs, and an industry watch-dog to ensure that merchants are not gouging customers at the tills.
But that is not the entire story. It is all too often a common story when you hear about people and their debt's here. That is another blog post in itself, and one I probably would not do justice, something more up Muscati or Undercover Dragons street. Possibly people here are living beyond their means, and I'm generalizing and know full well that not every Omani is living beyond their means, but as a general trend, it seems this way. People changing their phones every few months, brand new cars and so on. So perhaps a little attitude change from people is required as well?
I'd hazard a guess that the three big loans that any Omani (man, women would be a slightly different story) has to obtain are:
1. Car
2. Marriage
3. House
You start work, and you need a car. So one is financed. How many people buy brand-new cars on finance, when realistically they should do what many other people just starting out around the world do, and buy used? (read: really used! - my first car was a Citroen ZX 1.4 and it was a dog, it kept over heating, one time the brakes even stopped working when driving in rush-hour city traffic!).
Why throw an over-sized wedding if you can't afford it? Why must Dowry's be paid? These seem social issues that are effecting the economic health of the citizens of this country. And as Oman matures as a developed nation, the harsh reality that having a large number of children is not something that can be sustained economically.
And finally, the single biggest commitment most of us will make in our lives (and no I don't mean saying "I do") is getting a mortgage to buy a home.
It's a fact of life for almost all of us in this world - we do not have enough money to buy a home, and so we need to borrow the money to do so. And hopefully over time the value of our home increases and we can build our financial stability around it. How are people earning these low wages meant to feed and clothe themselves, before even attempting to start buying a home?
It would seem that the minimum wage is simply too low. People need to earn more money to keep up with inflation.
What do you all think?
le fin.
Thursday, 20 January 2011
A thank you note from last week's fundraiser.
-----
Dear All,
Firstly I apologize for the delay in responding and updating you regarding the recent fundraiser for Hanna and Rob.
It was a tremendous success and thanks to all the wonderful people, companies and organizations who donated fantastic prizes, promoted the event and together with the response from the whole community came to support by purchasing raffle tickets and providing donations. There really are too many of you to mention personally but you know who you are and a huge thank you to you all. At the final count we were able to raise over 7,000 OMR and as money keeps coming in from generous donations we expect that this may end up close to 8,000 OMR.
This is a fantastic response and should mean that there are no financial boundaries for Hanna’s complete recovery over the upcoming months. Rob has now packed up their final belongings here in Muscat and will be flying back to Australia this evening and we wish him, Hanna and all their family all the best. Rob has promised to keep providing updates and will send an email once he has had a chance to settle back in Aus. We expect Hanna too will be on the computer soon enough so look forward to hearing from her. If you wish to be forwarded these mails let me know and I will arrange for you to be put on a mailing list.
The night itself was also a great turn out with between 250 and 300 people and I believe everyone enjoyed themselves. Particular thanks on the night have to go to (in no particular order):
1.) Lorna Hensey, who did an excellent job of co-coordinating all the raffle ticket sales;
2.) Chris Holmes, An excellent MC and who also was instrumental in pulling everything together;
3.) Andy and Chris for their DJ Skills;
4.) Liam, Alan and Shane for all their pre-event input;
5.) John and the Bar Girls for setting up the venue and keeping a drink in everyone’s hand;
6.) The Rugby Club Team for all their help on the night;
7.) The Aussie Rules and Gaelic Team who helped to promote and sell the tickets;
8.) Everyone who managed to make it and for showing up in support of this cause.
I’m sure there are some people who I have forgotten to thank personally and please forgive me for this but for me the most important thing was that we showed that even if you are many miles from your family, friends and loved ones and feel you have no one to turn to there is a community here that can and will support you in times of need. Everyone should be very pleased to hear about this and can congratulate themselves for their involvement. It makes me very pleased to be here in Oman and be part of this special community.
Finally – I attach a couple of pictures from the night for those who were unable to attend.
Thanks once again,
Pete
-----
le fin.
Wednesday, 19 January 2011
This and that.
But, I'm back; and I've got a few things to blog about so this is going to be one of my poorly structured blogs with loads of different things in it. Okay then.....
Rob & Hanna: The fund raiser was an amazing success. I've never seen so many people in the rugby club before, and it showed that we as a community still care and can pull together in times of need. I have been told that approximately RO 7,000 was raised for them. That'll certainly help them, I wish Hanna a full and speedy recovery.
MRFC won a game! Yes, its true, I promise! The Muscat boy's finally managed to get a Win in the Gulf leagues, taking down a very strong Al Ain side 30 - 27. About bloody time - well done guys, it was a well fought victory.
And one last rugby club related issue... sadly a long-term member of the expatriate community here in Muscat passed away last weekend - Alan Flanagan passed away on the 14th January 2011, aged just 55 years. He had worked here for 14 years for a consultancy company previously known as BBL, but now known as Currie & Brown. He was a staunch supporter of the club and will be missed. There will be a memorial service tomorrow at 5pm at the rugby club for those who wish to pay their respects to Alan.
On a happier note, local band 123 Orion's gig at the Royal Flight is fully sold out (well done) and local celebrity blogger, Undercover Dragon of Muscat Confidential has even given away some free tickets to the gig. It should be a laugh, and those that are going are all donating to a good cause as well.
The new roads. I'm talking about the Muscat Expressway and the Amerat-Bousher link. I've driven both, and they're both great roads to drive, hopefully it'll help ease congestion on the main SQ highway and the 18th November street. The Qurum interchange is now quite slow but I guess it's nothing when compared to the time saved by those commuting in from al hail and beyond. A few days ago, it was published in the paper that 20 people had been caught speeding on the new express way (not the amerat road). The fastest driver.... 270 KM/h. Really? And then a whole raft of drivers all caught around 190+ KM/h. The only way to stop that amount of ridiculous speeding is to come down on these people hard. Take their license for a few months/year, heavy fine, whatever it takes. Because what I suspect will happen is that they'll do a quick stop in at the ROP Hilton for a day or two, and have their car confiscated for a week, and maybe a fine. I have noticed however, that there are more and more temporary camera's being deployed by the ROP, so that's a good thing, I hope they keep it up.
I also think that a camera (video) should be set up on the new Amerat road, where the hair-pin bends are. It's only a matter of time before someone attempts to drift the hairpins Initial-D style! I was watching the barriers very closely and didn't see scratch on them.... yet! I'll check next week after the weekend! Perhaps an enterprising business man might want to open a tire and bodywork shop at the bottom of the hill :)
Tom the Cyclist. He's back, after his gruelling jolly around the Sultanate these past 2 months (he started on the 11th of November). Admittedly, I meant to blog an update on his progress but had an attack of extreme procrastination and then forgot about it. Sorry about that Tom. But here's how you can help:
Tom's charity ride was well supported by Omantel (and a few others) for the actual journey, but not a lot of cash has been earned for Charity yet.... Tomorrow evening at 7pm there is a fund raiser at the Dolphin Complex near to Muscat Private Hospital. Tickets cost RO 10 and there are also some raffle tickets on sale and you can also purchase a T shirt if you want. Well done Tom, hope your butt doesn't have too many blisters!
There were a few other things I was going to write about but I think they can wait until next week.
Have a nice weekend everyone.
le fin.
Sunday, 16 January 2011
Charity gig at the Royal Flight: Thursday 20th Jan
Awesome local band 123 Orion are back again with another charity fund raiser at the Royal Flight social club.
Tickets are RO 7 and you get 1 raffle ticket, 4 drinks (alcoholic or not), soup and snacks. That's pretty good, and you're giving to charity to boot!
If you have never been to the Royal Flight social club, its worth a look in, and now's a great time to do so!
le fin.
Wednesday, 12 January 2011
Tonights Fundraiser, and a rugby game
The list of prizes for tonights fund raiser are getting substantial! It will be a great evening tonight and the prizes, so far, are the following:
SPECIAL STAR PRIZES –
1 - Return Business Class Ticket to London with Oman Air
2 - Two Spots on Oman Sail’s Extreme Sport Racing Yacht on 22nd to 24th February 2011.
RAFFLE 1 - 20 OMR a Ticket
1. Courtesy of Grand Hyatt:
Two guests for one complimentary night in an Executive Suite inclusive of breakfast.
and two guests for complimentary dinner inclusive of a bottle of house wine at Marjan.
2. A Boat Trip for 6 people on the STS Boat with complimentary Beer and Food
3. Munster Jersey signed by Paul O'Connell, British and Irish Lion's Captain 2009 and Irish International
4. Microwave Oven
5. I-pod Docking Station
6. A Mobile 3G wireless internet modem
7. 1 months lodgings for your dog at Raya Kennels
RAFFLE 2 - 10 OMR a Ticket
1. Sony 32inch Bravia TV
2. Courtesy of Radisson Blu Hotel: Thursday Bubbly Brunch for 2 people
3. Courtesy of Radisson Blu Hotel: Dinner for 2 in Al Tajin Steakhouse
4. Courtesy of Radisson Blu Hotel: BBQ on the Terrace for 2 people (every Sunday)
5. Manicure and Pedicure Treatment at Ayana Spa
6. DJ Chris Fisher will DJ your House Party
7. Courtesy of Busy Bee’s Kids Activity Centre - 1 months free membership
8. 12 bags of 'Totally Roasted (in Oman ) 200gm Fresh (as in last 48 hrs) roasted beans
More prizes are coming in all the time, and if you would like to purchase a raffle ticket but can't attend this evening - please get in touch with Pete Rigby on 9921 1203.
There is also a home game this Friday. The local Muscat boys are playing against the Al Ain "Fijians" on Friday at 3pm.... your support is as always very welcome.
Have a nice weekend everyone.
le fin.
Monday, 10 January 2011
Oman Air's new Business and First Class lounges.
Items of note are:
First Class -
Limo transfers in Audi A8 vehicles
Bar
Showers
Lounges
A la Carte menu and chef
Business Class -
Bigger than current lounge
2 Chedi Spa massage rooms offering 15 minute treatments
Bar
Food buffet
5 computer terminals
The lounges should open next week, and will only be available to Oman Air passengers flying in those respective classes. Looks pretty neat!
Looking forward to checking out the business lounge soon!
le fin.
Sunday, 9 January 2011
A milestone & Crazy Emiraties!
Firstly...
Somehow, 100 people out there in the blogosphere have decided to follow my blog. I am also amazed at the facebook followings as well... at the time of writing this it was standing at 284 people. I'm vain and like to be followed (!) so a big thank you to all of you who follow me and my blog!
=)
I want to share a story with you all about my good friend "Dave" (thats not his real name, and I often use Dave as a replacement name for many people). Christmas, 2007. Dave was driving back from a meeting in Sohar and was being harassed on the road by this dude in a Swift. There were a lot of trucks in one lane and he was driving at 130KM/h but the swifty wanted to be more... swift? This Swift driver was blaring it's horn, shining it's full beams in his rear view mirror permanently, and tail gating Dave.
Finally a gap between trucks that Dave felt was large enough for him to safely move into materialzed in the left lane and just as he was moving into it, the swift undertakes him and draws level with him. The driver is shaking his fist at Dave and blaring his horn. Dave had not been in the country for a very long time and so reacted how he would have where he grew up - he flipped the swift the bird!
The swift driver got even more mad and then went in front of Dave and then slammed on his brakes, nearly causing a major accident and kept telling Dave to pull over to the side of the road. Dave thought this guy was a lunatic and just wanted to get away from him and so ignored the nut case and carried on driving back to Muscat. He told me the story when he returned and I told him.... dude you cant flip the bird here, you'll get in trouble.
Sure enough, he got a call from the ROP in Sohar - he had to report to the Sohar police station and bring his passport. Off he went with his PRO, and the ROP confiscated his passport, but the swift driver didnt come, and so after waiting for 3 hours he returned to Muscat. This was repeated, and then on the third time, the so outraged (but can't be bothered to show up) swift driver turned up.
And then the stories began. Apparently Dave was spitting on his car, yelling obscenities about the drivers family and goats, everything you can think of. Thankfully Dave had the foresight to bring his PRO who translated all of this and afforded Dave the chance to deny these accusations.
A long story short, Dave got shaken down for RO 1,000 to make that Swift driver drop his case.
Now I shared that story with you for 2 reasons -
1) No matter how bad someone is driving and how much they may be irritating you, keep those fingers around the steering wheel!
2) I read with some amusement at this story in the UAE. A Pakistani man appealed his sentence and deportation order to the highest court in the UAE, the Court of Cassation. However this court just rubber-stamped the previous ruling. Madness, but there you are.
Have you ever been in trouble for flipping the bird?
le fin.
Saturday, 8 January 2011
A fundraiser for a very good cause.
Some of you will already know about this, and perhaps more of you have heard the sorry tale of Hanna Mitchell and her partner Rob McConnon. Rather than re-write the story, I'll paste the email that the ANZO committee sent out to it's mailing list yesterday.
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Many of you may have heard of the recent medical drama suffered by Hanna Mitchell, a young Australian working in Oman with her partner Rob McConnon. Hanna and Rob have both been active members of the Muscat Gaelic and Australian Football Club, and as such we are co-ordinating some efforts to help them out.
Hanna underwent what seemed to be a routine surgery here in Muscat, but ended in Intensive Care with a brain injury that has left her partially paralyzed, unable to talk, and facing a medical system not able to offer the necessary specialist rehabilitation. It has been a horrendous ordeal which Hanna, Rob and their families have had to go through; it could have been anyone of us, or our loved ones lying helpless in a hospital bed far away from home.
Things improved to the stage where Hanna was able to be airlifted back to Australia where she has now entered a specialized rehabilitation centre and begins a long, but hopeful road to recovery. As a result of these unfortunate events both Rob and Hanna have had to leave their jobs here and will return to Australia permanently. They have also incurred significant costs to date and will continue to do so throughout an extended recovery period.
Of course the most important thing is that Hanna gets better and gets the best medical treatment possible but for a young couple who are planning to get married this summer it is a heavy financial burden. Many people have asked what they can do to help in some small way. This coming Wednesday 12th January 2011 at the Muscat Rugby Club a function is being held with all proceeds going towards helping Hanna and Rob get back on their feet. With Hanna safely back in Australia, Rob is back in Oman for a short time to tie up loose ends, and so it is also an opportunity to say goodbye.
The function will be a casual affair - drinks from 7:30pm, with several prizes being raffled, a donation box, etc.
If you are unable to come on Wednesday night but want to contribute - in cash or in kind (e.g. items of value that can be raffled) please contact Pete Rigby, who is co-ordinating on behalf of the club, on +968 9921 1203 or E-mail: peter.rigby@lamor.com.
Please bring as many friends and family as possible - everyone is welcome, and we look forward to seeing you there for a good night out.
----------------It is also worth repeating that if you would like to donate something (either money or a prize that could be auctioned) please do get in touch with Pete Rigby on 9921 1203. What happened to Hanna was and continues to be a terrible tale. I hope she has a full recovery.
One other small point worth mentioning is that between 6 and 8 on Wednesday evenings at the Muscat Rugby Club, all food and drinks will have a 25% discount.
The club house is very close to the ABA school and it is located here.
le fin.
Monday, 3 January 2011
Just a quickie: Partial solar eclipse today
Here in Oman, you should be able to experience the partial eclipse for 2 hours between 12:26 and 2:26pm. Remember to not stare directly into the sun!!
le fin.
More news on Canadians entering the UAE
The first is that if you are flying with Etihad or Emirates, you can get a greatly discounted visit visa issued by either of these airlines. This story highlights that for $61.50 on Emirates and $68 on Etihad, you can obtain a Visit visa for the UAE - if you book ahead. (Click the link and read about it as there are a lot of qualifying requirements).
Secondly. I finally got in touch with the UAE embassy here in Oman (their number is 2440 0000). I asked their immigration section about what the process would be for Canadians living in the GCC who wish to visit the UAE. The answer I received was.... confusing. They wanted to know what my job was here, who my sponsor was, and then finally how long I have been here in Oman for. Rather strange, it seems that there is some confusion to the rules I guess. They were insistent on one thing though, that Canadians living here in Oman (or any GCC country) must have been here for at least 6 months before the GCC visa will be granted.
Seems strange to me, but there you have it!
le fin.
Sunday, 2 January 2011
Girls night out!
The people at Zouk have again come up with something fun for the next few Mondays.
Ripped from their Facebook page:
Launching the “Zouk Girls Night Out” with Fashion evenings where we would like to request all interested ladies to come dressed in their best and walk the ramp.
A prominent jury will be selecting the five best ladies every Monday and then these ladies will go to the semi-finals and final event on February 14th - Valentines Day. The Short-listed ladies can win the title of Ms. Zouk 2011 and also would be part of the Zouk Calendar to be launched in February. Plus there are some really exciting grand prizes to be won!
Not enough???? How about complimentary beverages every Monday at Zouk? Yes all the ladies get complimentary beverages from Zouk every Monday evening. You can see some celebrity bartenders every Monday and different themes promoting the local talent.
So all the interested ladies who would like to walk on the ramp please send us your interest at aabhatia@gmail.com or message us here on Facebook. And if you've got the talent we've got the platform for you....inviting all the talents like musicians, bands, performing artist, singers, painters, fashion designers etc to write to us.
Don’t forget the first round and launch is on this coming Monday 10th January 2011 at 8pm.
Please note:
Guys are allowed too but only if accompanied with a lady
Cover Charge for guys is RO 10/- and as always is redeemable against their bill.
Single girls’ entry free
Free Welcome drinks for Girls
Entry to the event and Zouk is strictly for 21 years and above.
--------
le fin.
Oman unveils a record budget for 2011: RO 8.13bn
With Royal Decree No 2/2011 ratifying the 2011 State General Budget, there are a few things to take from this...
Last year, 2010, the Budget was RO 7.434bn. This was based upon an average oil price of $58 a barrel. The actual oil price was around $70 a barrel for 2010, so Oman will have netted a surplus from all it's petrochemical revenues. Additionally, Oman's daily production of oil has increased by around 26,000 barrels a day to around 896,000 bpd of the black stuff. At current market prices of around $90, thats a nice $80,640,000 a day (RO 31,049,624.40). Anyway, enough with the boring numbers stuff. I do wonder if the budget is ever independently audited, or the reported production of oil for that matter?
Something to note however, is this: Oman is investing heavily in something called EOR (that means Enhanced Oil Recovery - it's many different techniques in getting oil out of the ground quicker, but here in Oman as far as I know the most widely used technique is steam injection, or Huff and Puff as people in the industry call it). EOR is typically used to get an oil field producing more oil than it would with traditional oil extraction methods. Yet Oman's historical annual production is fairly flat, because existing oilfields here in Oman are starting to mature and their production is declining.
So, this years budget is projecting oil revenues of about RO 7.230bn and is planing to spend RO 8.130, a deficit of RO 900 million rials. Ok some income will come from mineral and other exports as well, plus I figure oil will surpass the $100 per barrel price again this year (well thats what all the speculators seem to think). So Oman's pretty cashed up at the moment.
Oman's population is marching up, the 2010 Census' initial reports indicated an increase in the Omani population to 1,951,000, an increase of 9.48 per cent from the 1,782,000 count in 2003.
So, Oman is spending some big bucks to try and stimulate more jobs for Omanis, and quite rightly so. The key growth areas for spending this year are Health, Education and Transport. As far as I know there are no new major hospitals or universities planned, so I imagine the lions share of the budget proportioned to health and education will go to increasing services. As for transport... it's a big year coming up: The Airport, the new dualized road from Sur to Bid Bid being just two major projects ongoing throughout 2011. I wonder what will happen with the rail network this year?
Galfar's current share price is trading at RO 0.565 per share. Might be worth a punt for someone looking to invest.... or not :P
Thats all for today, more soon.
le fin.