Hilton and Kuwait-based Alshaya Group have signed an exclusive master development agreement to launch and develop 70 Hampton by Hilton hotels in nine countries with most...
Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun to restart...
Dubai’s Department of Economic Development has added 53 new business activities across a number of important sectors during the first half of 2019, according to media...
IBC Group, an UAE-based investment company, is planning to acquire 10,000 holiday homes in Dubai, according to an announcement made by the company yesterday. The $5bn...
Dhofar Wind Farm has achieved a major milestone by producing its first kilowatt hour of electricity after the project’s first wind turbine was connected to the...
As the crisis in around the Strait of Hormuz shows no sign of abating, P&O Cruises has taken what it calls an “unusual step” suspend its...
Oman’s total value of real estate sector transactions reached OMR269mn in the 15 days of July and August. The traded value of property was recorded as...
China CNPC has extended its contract for developing an aged oilfield in Oman for another 15 years, Reuters quotes Chinese state oil and group as saying....
Sohar International recently announced the successful closure of its rights issue with an oversubscription. This raises its Tier 1 capital by OMR 40m. In spite of...
Oman Arab Bank (OAB) has added yet another feather to its cap by becoming the first bank in Oman to be recognised as an Authorised Training...