Oman Observer - Business

By A Staff Reporter
MUSCAT — A massive $300 billion investment in boosting oil production is under way which could see the Arabian Gulf deliver a staggering 10 million barrels of crude a day in added capacity by 2015 —more than half from Saudi Arabia alone, according to project research firm Proleads. “Recent analysis of total global oil production and development projects..............

Service-based competition to drive next wave of growth in MENA telecom industry

By A Staff Reporter
MUSCAT — Middle Eastern and North African (MENA) countries have evolved from monopolistic to liberalised telecom markets. Almost every market in the region now has at least two mobile network operators, and fixed-network markets are becoming increasingly liberalised.

MUSCAT — The all-new Infiniti M35 and Infiniti M45 transform power into emotion, styling into energy, and technology into intuition. The Infiniti M is designed to outperform. It is designed to engage with a symphony of shape, texture, light and sound to catch the eye, invite the touch and captivate the ear. The Infiniti is all about artistic styling and a striking statement............

FRANKFURT — Time is running out and tension is growing: the takeover of Volkswagen by Porsche has sparked union anger and possibly raised tempers within both companies. German media reports last week spoke of a possible departure of Porsche boss Wendelin Wiedeking, who could be sacrificed by dealmaker Ferdinand Piech to appease unions.

Chinese don’t wait for Apple launch to get iPhone

SHANGHAI — In scenes reminiscent of a generation ago, Chinese are tapping friends and relatives travelling abroad to bring back electronic devices that are unavailable in China. The irony is the object they desire is made in China and the US company responsible for the scarcity is proud of its free-thinking image — Apple Computers.

Where high petrol prices see bikes gain ground

THE HAGUE — The Dutch rely ever more on the humble bike for transport as pollution concerns and high petrol prices give new impetus to traditional pedal power in the only country with more bicycles than people. The average Dutchman cycled 902 kilometres in 2006, up 16 kilometres from 15 years ago, according to official statistics.