A joint venture agreement between Oman Oil Company, the government’s investment arm in the oil and gas sector and energy related projects, and Kuwait Petroleum International...
A tender for developing the first phase of a large crude storage facility at Ras Markaz near Duqm will be awarded soon. The first phase will...
Al Anawar Holding on Tuesday said that the company has sold 1.30 million shares of Falcon Insurance at a price of OMR1.876 per share. Out of...
Oman’s central bank has signed a memorandum of understanding (MoU) with its counterpart in Iran. The MoU aims at strengthening the extensive bilateral relations, while enhancing...
Oman’s bank interest rates have shown a substantial year-on-year increase due to the tight liquidity situation in the financial system. According to the latest monthly statistics...
Oman Refineries and Petroleum Industries Company (Orpic) said that the capacity of its polypropylene plant will be raised to 340,000 tonnes of high quality polypropylene per...
A Memorandum of Understanding (MoU) will be signed between the Capital Market Authority (CMA) and the Capital Markets Authority of Lebanon for mutual cooperation and exchange...
Oman’s Duqm Refinery & Petrochemical Co. hired Credit Agricole SA to advise on fundraising for its $6bn project, according to two people with knowledge of the...
Oman Air has announced that a new Boeing B737-800 aircraft has joined its fleet on March 15. This new aircraft will be used on short and medium...
Galfar Engineering & Contracting Company has said that the group’s consolidated losses have been revised to OMR10.82 million for 2016, after adjusting an additional impairment of receivables...