SV Pittie Sohar Textiles has signed an agreement with Sohar International, appointing the bank as the company’s financial advisors for its capital raise and an initial...
Salalah Free Zone Company (SFZCO) and Al Naqbi Group Holding have signed an OMR3.8mn ($10mn) agreement to set up a food processing unit within the free...
India’s economic growth has slowed down to a six-and-a-half year low 5% in the April-June quarter of financial year (FY) 2019-20, due to a sharp deceleration...
Bank Nizwa, the Sultanate’s leading Islamic banking and financial solutions provider, signed an OMR 19.5mn deal for Shari’a-compliant financing facilities with Raysut Cement Company (RCC), the...
XCMG, a well-known Chinese multinational heavy machinery manufacturer, launched its new product line up catering to the Middle East market at a function in Muscat recently....
Panalpina, an international freight forwarding and logistics company based in Switzerland, is soon planning to set foot in Oman with its office opening in Muscat by...
While the Sultanate is fast at addressing its economic diversification agenda under the Tanfeedh program, the looming issue of an oversaturated Omani market does not lie...
Oman’s heavy reliance on the oil and gas sector for its economy might dissuade soon. As part of its Tanfeedh initiative, the Sultanate has been actively...
(Bloomberg) — When BMW AG picked Harald Krueger to run the company more than four years ago, he was the perfect candidate. Young, with a personable manner...
Sohar is currently experiencing significant investment and economic shifts making it the focus of attention to many local and international investors and businessmen With its...
