Al Anawar Holding on Tuesday said that the company has sold 1.30 million shares of Falcon Insurance at a price of OMR1.876 per share. Out of...
Oman’s central bank has signed a memorandum of understanding (MoU) with its counterpart in Iran. The MoU aims at strengthening the extensive bilateral relations, while enhancing...
An expansion project to double chicken meat capacity at A’Saffa Foods will be completed by the end of 2018. A’Saffa Foods plans to raise production capacity...
Oil fell further towards $50 a barrel, pressured by uncertainty over whether an Opec-led production cut will be extended beyond June in an effort to counter...
Oman’s bank interest rates have shown a substantial year-on-year increase due to the tight liquidity situation in the financial system. According to the latest monthly statistics...
Schlumberger and Weatherford announced an agreement to create OneStimSM, a joint venture to deliver completions products and services for the development of unconventional resource plays in...
Oman Refineries and Petroleum Industries Company (Orpic) said that the capacity of its polypropylene plant will be raised to 340,000 tonnes of high quality polypropylene per...
Symtech Solar MENA recently announced that it has been appointed as the exclusive distributor and installer for Symtech Solar Group in Oman and the MENA Region....
The amendment to the Oman Block 61 exploration and production sharing agreement (EPSA) announced in 2016 was ratified , with the issue of a Royal Decree...
