The Oman government has signed a $3.55bn five-year loan agreement with a group of Chinese financial institutions. The senior unsecured loan follows the Sultanate’s $5bn multi-tranche...
Despite on-going issues in the maritime industry and the continued lull in global oil prices, container volumes at Sohar port in the second quarter of 2017...
Meeting the growing demand for real estate from visitors and expatriates in Hawana Salalah, Muriya has launched Wateera Rental to provide homeowners and visitors with high-end...
United Media Services (UMS) has published the 23rd edition of its annual bilingual publication Progress 2017-18 saluting His Majesty Sultan Qaboos Bin Said on the occasion of...
National Life and General Insurance Company (National Life), a leading composite insurer in Oman, said its profit after tax grew by 303 per cent toRO4.70mn for...
Raysut Cement said its shareholders have approved a proposal to sell Oman Portuguese Cement Products Co. to Opal Development Co. The decision was taken at an...
Bank interest rates in Oman have increased in view of the tight liquidity situation and increased competition among banks for deposit mobilisation. The weighted average interest...
Dubai Mercantile Exchange hosted its latest auction on Wednesday, on behalf of Iraq’s National Oil Company, SOMO. The 2-million barrel cargo of Basrah Heavy was awarded...