Petroleum Development Oman (PDO) confirmed today (20 March, 2016) that it set a new combined oil, gas and condensate production record of 1.29 million barrels of...
In 2015, Oman’s average oil & condensate production was 981,000 b/d compared to 943,000 b/d in 2014. The gas production in 2015 was 103 Mm3/d, almost...
BankDhofar Labour Union (BDLU) has been officially established following the completion of its members’ registration and the election of its board members.
Bank Nizwa SAOG has signed an agreement to arrange a structured Shari’a compliant financing facility totaling $150 Million to South Sea Energy Pte Ltd (SSE) for...
Petroleum Development Oman (PDO) confirmed today (20 March, 2016) that it set a new combined oil, gas and condensate production record of 1.29 million barrels of...
Gearing up for the return of the biennial cinema fair, Muscat International Film Festival, Majid Al Futtaim’s first and largest shopping destination in the Sultanate, City...
Bank Muscat shareholders granted approval for the payout of 30 per cent dividend for 2015 and elected board of directors for a 3-year period from 2016-2019,...
Project finance bank loans continue to demonstrate default and recovery performance that are attractive to long-term lenders, according to Moody's Investors Service in its latest annual...
According to a recent report published in one of the Oman's national daily, Galfar Engineering and Contracting has been awarded the construction services for Yibal Khuff...
Hamoud bin Sanjour al- Zadjali, Executive President of the of the Central Bank of Oman (CBO) said that the value of the national currency in the...