Mideast stocks – Banks support Qatar recovery, Oman up sharply

(Reuters) - Qatar's bourse gained sharply and recovered some of its losses from the last two sessions, while the Oman index registered its best day in nearly two months as telecom and bank stocks gained. Other Gulf markets were mixed. Qatar's main index <.QSI> booked a 1.1 percent rise and snapped

Oman says August oil output fell to 974,500 bpd

DUBAI (Reuters) - Oman's production of crude oil and condensates dropped to an average of 974,500 barrels per day in August, the oil ministry said in a tweet on Saturday. Oman's crude oil and condensate production averaged 975,500 bpd in July, the ministry said last month. The sultanate is not a member

Oman bans plastic bags

DUBAI: Oman’s Ministry of Environment and Climate Affairs announced on Tuesday that the country will soon ban plastic bags from all supermarkets, local daily Times of Oman reported. “After studying the market and the types of bags, the decision will see the light of day soon after the final approval from

Cyclone in Yemen’s Socotra kills 5, leaves 40 missing

ADEN (Reuters) - Five people were killed and at least 40 missing on the Yemeni island of Socotra on Friday as Cyclone Mekunu pummeled the area before making its way to the Arabian Peninsula’s southern coast. The dead were four Yemenis and one Indian national, residents and medical sources told Reuters,