Oman’s Gross Domestic Product (GDP) is expected to grow by 2.5 per cent in 2018, up from 1.5 per cent in 2016, the Euler Hermes Credit...
Al Maha Petroleum Products Marketing Company has bagged two contracts valued at OMR91 million for supplying gas oil to Rural Areas Electricity Company (Raeco) and to...
Oman’s benchmark Muscat Securities Market (MSM) General Index 30 on Wednesday gained 15.76 points, registering a rise by 0.31 per cent to close at 5113.35 points,...
The Special Economic Zone Authority at Duqm (Sezad) has granted Oman Tank Terminal Company (OTTCO) a usufruct right to construct Ras Markaz crude oil storage terminal....
Commercial banks in Oman performed well during the first quarter of 2017 despite the difficult economic challenges facing the global banking sector. Net profits at the...
Oman’s average annual inflation based on consumer price index (CPI) during January- March 2017 period stood at 2.33 per cent mainly due to revision in fuel...
Meethaq, the Islamic banking window of Bank Muscat, has launched the Sultanate’s first Sukuk programme. The maiden RO25 million issuance, open for subscription from May 21 till...
Aqar, a leading real estate developer in the Sultanate, has launched a modern concept in community retail centre called Q series brand. As part of the...
The Port of Salalah achieved a record Berth Move Per Hour (BMPH) of 286.5, exceeding the previous record by almost 30 moves per hour. The...
A new factory backed by Petroleum Development Oman (PDO) and specialising in providing scaffolding products and services to Omani industry has been officially opened in Sohar...
