Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

US training estimate for Oman put at $10mn  Join our daily free Newsletter

MENAFN - Muscat Daily - 08/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) The US Department of State's congressional budget justification for 'Foreign Operations and Related Programmes' has estimated that Oman will receive around US10mn (RO3.85mn) in training and financing in the 2014 financial year, and has also put a request for US5.9mn (RO2.27mn) for 2015.

The decrease is a result of a possible drop in 'Foreign Military Financing' (FMF), expected to be worth US8mn (RO3.08mn) to Oman this year, but falling to US4mn (RO1.54mn) in 2015. Some of the programmes conducted through FMF include containing transnational threats, including terrorism, trafficking in narcotics or persons, and weapons smuggling.

According to the budget justification, the FMF requests will 'support funding for coalition partners and allies and consistent with requirements to promote national security. Increased funding for FMF administrative costs will support enhanced monitoring and evaluation on military assistance programmes'.

Regarding the FMF programme, the report noted, 'Increased military capabilities establish and strengthen multilateral coalitions and enable allies to be interoperable with US,

regional, and international military forces'. Around US2mn (RO770,000) has been estimated for the International Military Education and Training (IMET) programme in 2014, a figure which may fall to US1.9mn (RO730,000) in 2015.

According to the US Department of State, IMET is a 'key component of US security assistance' that 'promotes regional stability and defence capabilities through professional military training and education'. Most courses in the programme are conducted at military schools and academies in the US.

The IMET programme is also active throughout the Near East region, with a total of US19.6mn (RO7.55mn) planned for Egypt, Iraq, Jordan, Lebanon, Morocco, Oman, Tunisia and Yemen. 


 


Muscat Daily




  MENA News Headlines
 Sep 2 2015 - The Algerian tent: A symbol of pride, traditionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The tent is slowly regaining its status amongst Algerian city-dwellers as an icon of tradition and pride. However it is now assuming the new role as a spot for ...

 Sep 2 2015 - Chinese President hopes more cooperation with EgyptKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Chinese President Xi Jinping on Wednesday expressed desire to promote cooperation with Egypt in industry, infrastructure and security, state-run Xinhua News ...

 Sep 2 2015 - Palestinian economy suffered recession in 2014 - UNCTADKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) In 2014, the economy of the Occupied Palestinian Territory witnessed the first recession since 2006 and the second consecutive decline in gross domestic product ...

 Sep 2 2015 - GSO 36th meeting kicks off in OmanKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The GCC Standardization Organization (GSO) 36th technical council meeting started here on Wednesday with participation of heads of the standardization bodies of ...

 Sep 2 2015 - Kuwait- His Highness the Deputy Amir receives top officialsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Deputy Amir and Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received at Bayan Palace Wednesday His Highness the Prime Minister Sheikh ...

 Sep 2 2015 - 2745 Egyptians present candidacy paper for parl't elections in one dayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The High Elections Commission in Egypt announced on Wednesday that 2745 candidates presented their candidacy papers for the upcoming parliamentary election ...

 Sep 2 2015 - Turkish tanks pound ISIL sitesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Turkish tanks shelled the sites of the so-called Islamic State in Iraq and the Levant (ISIL) inside the Syrian territories near the border province of Kilis, said ...

 Sep 2 2015 - Kuwait- KSE ends Wednesday in red zoneKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait Stock Exchange (KSE) ended Wednesday's trading session in the red zone as the weighted index lost 2.48 points, the price index dropped 34.46 points ...

 Sep 2 2015 - Gunmen kidnap 18 Turkish nationals in East BaghdadKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Unknown gunmen have kidnapped at least 18 Turkish workers from a construction site in east of the Iraqi capital of Baghdad.An Iraqi police source told KUNA that ...

 Sep 2 2015 - Kuwait effectively contributes to maritime security in Arabian Gulf region - Sheikh AzzamKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait vitally contributes to securing the maritime security besides its role in fighting terrorism, and smuggling in the Arabian Gulf, as part of the ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help