Industrial companies listed on the Muscat Stock Exchange (MSX) doubled their gains last week, continuing the upward trend that was first observed in August 2022. This...
ahlibank recently announced the successful issuance of its RO75mn additional Tier 1 (AT1) capital instrument, which concluded on a private placement basis. Approved at the Extraordinary...
Sohar International held its Extraordinary General Meeting (EGM) for its shareholders on 18th August 2022. The meeting was presided over by Mr. Mohamed Mahfoodh Al Ardhi,...
The Sultanate’s plans for economic diversification under the 10th Five Year Plan (2021-2025) will be fortified and fast-tracked under ‘Tanweea’ (translated from Arabic as “diversification”) –...
Amouage – the all-Omani luxury perfumery and superbrand that is fondly dubbed the ‘Gift of Kings’ – has peaked in retail sales with revenues surpassing US$100mn...
Record high food prices have triggered a global crisis that will drive millions more into extreme poverty, magnifying hunger and malnutrition, while threatening to erase hard-won...
The nation’s medical research and development goals – especially in the field of cancer treatments and mitigation – have hit a high note following the success...
Antarctica’s coastal glaciers are shedding icebergs more rapidly than nature can replenish the crumbling ice, doubling previous estimates of losses from the world’s largest ice sheet...
Shell Oman Marketing Company S.A.O.G. (SOM) announced the opening of new service stations, bringing its total network size to 205 strategic sites across the Sultanate. These...
Asyad Group, Oman’s integrated logistics Group, has penned a strategic decarbonisation partnership with ‘44.01’, a local environmental start-up to further advance shared CO2 removal ambitions. This...
