Muscat City Desalination Company (MCDC), which owns the Ghubrah Independent Water Plant, plans to float its RO6.31mn initial public offering (IPO) on November 19. The offer...
With big plans for the modernisation of its waste management operations underway, including a transfer of the existing national infrastructure to international operators, Oman is nearing...
A 27-km Saham-Suhar road, part of the Al Batinah Expressway, was opened to traffic on Wednesday. The opened section is part of the 50-km fourth package of...
Oman’s central bank raised OMR72 million from treasury bill auction. The treasury bills has a maturity period of 28 days, from November 1 until November 29,...
Oman Development Bank (ODB) is focusing on providing agricultural loan to farmers to support a government initiative to strengthen food security. The loan for farmers will...
A cooperation agreement was signed between the Public Authority for the Development of Small and Medium Enterprises (Riyada) and Fund for Development of Youth Projects (Sharakah)...
Ahlibank’s total assets rose by 6 per cent to cross OMR2 billion for the first time, while loans and advances and financing for the period increased...
The majority state-owned Omantel signed the agreement to acquire a total of 521.97 million shares for RO520mn A share purchase agreement to acquire an additional 12.1...
Bank Sohar successfully closed the issue of up to 100,000 perpetual capital securities (including a greenshoe option) on a private placement basis, at a price of...
Petroleum Development Oman (PDO) will start sourcing key well construction parts for its oilfields from Oman with the opening of a new $20mn factory in Sohar....
