Oman Telecommunications Company (Omantel), the Sultanate’s leading provider of integrated telecommunication services, announced the launch of fibre optic services to homes across Al Ghubra and Azaiba....
Bank Muscat posted a net profit of RO 44.23 million for the Q1 period ended 31st March 2017 compared to RO 43.75 million reported during the...
SalamAir has announced the addition of new destinations to its fast-growing network with flights to Saudi Arabia scheduled to start on April 16th, 2017. With return tickets as low...
The foundation stone for a new dry port project, named ‘Sasco’ was laid at Al Mazyunah Free Zone yesterday under the auspices of Shaikh Abdullah bin...
Work is progressing fast on the construction of Sohar III, a green-field, integrated combined-cycle gas turbine power plant located in Sohar Port. The project is valued...
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...