A 12 per cent growth in production of refined products was registered in the first half of this year, over the same period of last year,...
Despite on-going issues in the maritime industry and the continued lull in global oil prices, container volumes at Sohar port in the second quarter of 2017...
Meeting the growing demand for real estate from visitors and expatriates in Hawana Salalah, Muriya has launched Wateera Rental to provide homeowners and visitors with high-end...
Bank interest rates in Oman have increased in view of the tight liquidity situation and increased competition among banks for deposit mobilisation. The weighted average interest...
Mobile payment clearing and switching (MpClear), a unique system aimed at enhancing the payment infrastructure of the country, was launched recently, according to a statement by Central Bank of...
Al Ahlia Insurance Company’s initial public offering, which opened for subscription on July 4 2017, has been very well received by the market and attracted positive...
Oman’s total budget expenditure fell by 5.8 per cent to RO12,908.2mn in 2016, according to the Central Bank of Oman’s (CBO’s) annual report. As the cut...
Bank Muscat reported net profit of RO84.31mn for the first half of 2017, down from RO90.47mn for the same period in 2016. The bank’s net interest...
Raysut Cement is planning to sell its entire stake in Sohar-based Oman Portuguese Cement Products Co to Opal Development Co, says the company in its first quarter financial...
The fully integrated Oman Exhibition & Convention Centre (OCEC) precinct takes strides towards completion as this major project already achieved the completion of Phase 1 –...
