Times of Oman - June 2, 2016

Page 1

THURSDAY

June 2, 2016 26 Sha’aban 1437 AH

FROM THE WORDS OF HIS MAJESTY THE SULTAN

MORNING MINUTE

On the occasion of the 7th National Day, 1977

‘His Majesty’s Wisdom’ Encouragement is to be given to private investors to participate as our national enterprises continue to develop and expand.

Founded 1975 . Volume 41 No. 87

| 40 Pages . Baisas 200 . Subscription OMR63 | ISO 9001:2008 Certified Company | Chairman/Editor-in-Chief: Mohamed Issa Al Zadjali | Printed & Published by Muscat Media Group

I TA LY

His Majesty sends greetings MUSCAT: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to President Sergio Mattarella of the Italian Republic on the occasion of his country’s National Day. In his cable, His PRIMARY SECTION

Early summer vacation for ISM students REJIMON K

PETROL PRICE HIKE FUELS FRUSTRATION AT PUMPS FUEL SALES Long queues of vehicles were seen at petrol stations with staff on their toes as the

(in thousand litres) Variation

Diesel

52%

Super Regular

Total

1,383.2 350.0

deadline for midnight fuel price hike neared

Total

1,233.0 304.2

Total

REJIMON K

reji@timesofoman.com MUSCAT: Filling stations reported a staggering 50 per cent rise in sales on Tuesday as thousands of frustrated motorists battled to beat the midnight fuel price increase deadline. Some stations ran out of fuel and long queues of drivers waited for more than an hour to fill their tanks ahead of the price hike. Sales figures revealed by one station chain reveal that 50 per

cent more fuel was sold in the 24 hours leading up to the price hike when compared to the previous day’s sales. The company raked in an extra OMR14,276.584 by selling Regular grade and OMR44,508.148 by selling Super grade ahead of May 31 midnight hike, compared to sales on May 30. The 21 baisas increase in regular petrol (M90), 19 baisas in super grade (M95) and 19 baisas in diesel led to long queues at filling stations all over Oman prompting

station officials to shut down operations as they ran out of stock much earlier than expected.

939.3 Total 981.3 784.0 269.3 251.1 647.9 517.0

Total

810.6 697.6 277.9

15.8 22.0 51.8 May 31 Dec 31 Jan 14 2015 2015 2016 Source: Siraj Al Jazeerah Projects

397.2 135.3

231.1

30th 31st May 2016

Graphics

Huge rush “As the prices were announced on Tuesday afternoon, motorists rushed to fill their vehicles at the cheaper price. In all our filling stations, long queues were present by evening. By 10pm, many of our fuel stations ran out of stock,” Rajeev KR, the senior official at Siraj Al Jazeera Projects, a fuel sales company in Oman, said. This month, the price of revised regular petrol (M90) is 170 baisas per litre, super graded (M95) is 180 baisas and diesel is 185 baisas while in May it was 149 baisas, 161 baisas and 166 baisas, respectively. According to the sales charts of 34 fillings stations, the fuel company witnessed over a 50 per cent increase in sales of M90 and M95 within 24 hours. >A6

reji@timesofoman.com MUSCAT: Around 4,700 primary and kindergarten students at Indian School Muscat (ISM) can enjoy an early summer holiday as the school authorities have decided to close classes from June 6. Holiday “Due to rise in temperature, we are announcing an early summer holiday for primary and kindergarten students,” Srinivas K. Naidu, the ISM Principal, said. For primary and kindergarten students, the holidays will begin on June 6. As per the earlier schedule, the closing day was on June 19. There are 4,625 students at ISM in both sections. >A6

Dhank farm blaze doused

A4

Majesty the Sultan has expressed his sincere greetings and best wishes of good health and happiness to President Mattarella and the Italian people further progress and prosperity. -ONA TOP THREE INSIDE STORIES

OMAN

New mobile app for car registrations

1

Motorists can now renew their car registrations via their smartphones, thanks to the ROP’s new app. >A2

REGION

Saudi Arabia gives death sentence to 14

2

Saudi Arabia sentenced 14 people to death for terrorism. >A8

MARKET

‘Oman attractive to set up business’

3

Oman is one of the best countries for business, said the Octal chief. >B1


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