Omani banks listed on the Muscat Securities Market plan to expand their capital base. Four banks have submitted recommendations during extraordinary general meetings (EGMs) to increase...
Oman’s Salalah Methanol Co. has asked banks for a $720 million syndicated loan that the state-run petrochemical company would use for a new ammonia plant and...
A Memorandum of Understanding (MoU) for cooperation in training job seekers has been signed between the Special Economic Zone Authority in Duqm (Sezad) and Petroleum Development...
Bank Muscat has successfully signed a term loan facility of with a consortium of 12 relationship banks. The transaction received overwhelming response and was subscribed 1.5...
National Bank of Oman (NBO) and Ahli Bank have signed a credit facility agreement to provide financing of RO20mn for Anantara Al Jabal Al Akhdar Resort...
Oman’s budget deficit for the first ten months of 2016 surged by 46.7 per cent to RO4.81bn, as plunging crude oil export revenues started affecting the...
Around 300 Omanis in the real estate sector will be trained following an MoU signed by Oman Real Estate Association (ORA) and Petroleum Development Oman (PDO). Hasan...
Oman has signed a Memorandum of Understanding (MoU) with Egypt to invest in the tourism and hospitality sectors. According to Omran, the Sultanate’s master developer, the...
The Ministry of Tourism is set to host the 19th Ministerial Meeting for Arab Tourism in Oman from 13 to 14 December 2016, in Oman. The...
Galfar Engineering and Contracting Company, the Sultanate’s largest contracting firm, said that the company has received an off plot mechanical contract from Petroleum Development Oman for...
