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...
OMINVEST, Oman’s largest publicly listed investment company launches three new subsidiaries- ONIC SAOC, Ubhar Capital SAOC and Oman Real Estate Investment Services – ORIS SAOC- and...
The Ministry of Oil and Gas announced that the country’s new fuel—M91—will cost 173 baisas a litre. That’s four baisas more than the regular fuel it...
Oman Oil Refineries and Petroleum Industries Company (Orpic) said that its $6.5bn Liwa Plastics Industries Complex (LPIC) project has reached the stage of a detailed engineering...
