Sunday, December 19, 2004

Talk Talk

Here's a quick list of the rumours circulating in Muscat at the moment:

1. The government will pay all public sector employees a bonus salary because of increased oil prices.
1b. New update: The bonus will be RO. 145 per person only.
2. Carrefour haven't been approved a license to open in Qurum so they're shifting the new location to Ruwi.
3a. BMW is unhappy with Suhail Bahwan and is thinking of withdrawing the agency and awarding it to Moosa Al Aruri with a Saudi partner or,
3b. The new BMW agent will be Majid Al Futtaim.
4. Suhail Bahwan is negotiating with Majid Al Futtaim to sell the Nissan agency for Oman along with the new showroom that's under construction.
5a. The NBO-BankMuscat merger won't go through.
5b. The NBO-BankMuscat will go through but in April 2005.
6. PDO will lay off as many as 1000 of its employees (actually this one might be true).
7. The Ministry of Manpower is trying to force Nawras to lower its staff salaries.
8. Markaz Al Bahja is for sale for RO. 10 million.
9. The minimum wage for high school diploma holders will be increased.
10. OIB wants to merge with Bank Dhofar.

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