Oman Telecommunications Company (Omantel) has won a bid to acquire 425.7 million treasury shares of Mobile Telecommunications Company (Zain), which represent 9.84 per cent at an...
Voltamp Energy’s subsidiary, Voltamp Oman Transformer Company, has been awarded two contracts worthRO34mn for the supply of power transformers to the Qatar General Electricity and Water...
Oman’s central bank floated a tender for Treasury Bills to raise OMR35 million. The Treasury Bills have a maturity period of 91 days, from August 23...
GS EPS Co, a joint independent power producer associate of Oman Oil Company (OOC), and GS Holdings has completed the construction of Phase IV, 900 megawatt...
Topaz Energy and Marine (Topaz), a leading offshore support vessel company and a subsidiary of Renaissance Services, has reported revenues of $115.6 million for the first...
InfoFort, an Aramex company and a leading information management solution provider in the Middle East and Africa, on Tuesday announced the implementation of an electronic document...
National Finance Company and Oman Orix Leasing Company have received in-principle approvals from the Central Bank of Oman for their proposed merger. However, it is subject...
Oman Telecommunications Company (Omantel) has agreed to acquire a minority stake in Kuwait’s Zain group for OMR325.6 million. Omantel, the Sultanate’s biggest telecommunications service provider, has...
Oman Wanfang, which is the master developer of China Oman Industrial Park in Duqm, plans to develop 25 new projects, which will take the total number...
Duqm Refinery has awarded three main Engineering, Procurement and Construction (EPC) contracts to multinational companies for building the company’s proposed 230,000 barrels per day-capacity refinery in...