BUSINESS

OBG, Ominvest sign partnership agreement for Oman 2020 report

Oman International Development and Investment Company (Ominvest) has signed a partnership agreement with OBG for its forthcoming publication.
August 19, 2019
Panalpina Oman expects to open its office in Muscat by the end of the third quarter in 2019, the company said in a statement on its website.
August 19, 2019
Port of Salalah suffered from Cyclone Mekunu during May 2018 that impacted its results for the first half of the previous year.
August 19, 2019
The 50-megawatt (MW) Dhofar Wind Farm has produced its first kilowatt hour of electricity, marking a major milestone for the GCC region’s first utility-scale wind farm.
August 19, 2019
Remote Deposit Capture is an online cheque clearing solution, facilitating faster clearance and efficiencies in account receivables.
August 19, 2019
The study and analysis process of the remaining applications is underway before contracts get signed.
August 18, 2019
The bank’s total assets rose by 11.8 per cent to reach RO2.38bn as of the end of second quarter this year.
August 07, 2019
Oman’s Ministry of Oil and Gas (MOG) on Wednesday signed a new exploration and production sharing agreement with Daleel Petroleum Co for Block 5.
August 07, 2019
Sohar International on Tuesday announced the successful closure of its rights issue with an oversubscription, raising its tier-1 capital by RO40mn.
August 07, 2019
The construction of the production plant is planned to start later this month and expected to last for approximately 10 to 12 months.
August 07, 2019
Triple-offering innovative platform Nabay.com focuses on enhanced user experience
August 07, 2019
The forum was organised under the patronage of H E Sayyid Mohammed bin Sultan al Busaidi, Minister of State and Governor of Dhofar.
August 05, 2019
The company’s total revenues fell to RO126.94mn in the first half of 2019 compared to RO139.58mn in the same period of 2018.
August 05, 2019
The growth in net profit was due to a 27.4 per cent increase in interest income despite a 13 per cent increase in provisions.
August 04, 2019
Omantel said its domestic operations witnessed an 8.8 per cent decline in net profit to RO39.2mn, mainly due to reduction in mobile prepaid revenues.
August 04, 2019
Bank Nizwa on Sunday reported that its net profit for the first half of 2019 surged by 64 per cent to RO4.3mn compared to the same period of last year.
August 04, 2019
ASYAD Call Centre will not only be limited to improve customer services at ports but it also has been designed to meet clients’ needs at different logistics activities across the sector in the future.
August 04, 2019
Total outstanding credit extended by Oman’s banking sector grew 6.7 per cent to RO25.7bn as of the end of May 2019.
August 03, 2019
Ominvest continues to deliver strong results in the prevailing challenging economic environment.
August 03, 2019
Thumiger has more than 35 years of experience and has started with Rotana Hotels 5-star property on July 7.
July 31, 2019
Global energy giants BP and Eni on Wednesday signed an exploration and production sharing agreement for Block 77 in central Oman with the Ministry of Oil and Gas.
July 31, 2019
The 2mn-barrel cargo of October-loading Oman blend crude was awarded at a premium of US$0.20 per barrel over the October OSP, the Dubai Mercantile Exchange said.
July 31, 2019
Total average daily volume in the pricing curve reached 6.1mn barrels in June this year compared to 3.5mn barrels in June last year.
July 31, 2019
The bank’s net profit for the six months period ended June 30, 2019 came at RO18.58mn compared to RO13.98mn during the same period in 2018.
July 31, 2019
The National Payment Systems Law was promulgated prior to this regulation in accordance with Royal Decree 8/2018.
July 31, 2019
The opening of the forum will be held under the patronage of H E Sayyid Mohammed bin Sultan al Busaidi, Minister of State and Governor of Dhofar.
July 29, 2019
OPWP expects to launch the Demand Response Program for commercial operation in 2021.
July 29, 2019
Held as part of Madayn’s ‘Made in Oman’ campaign, the two exhibitions were inaugurated by H E Sheikh Salim bin Uffait al Shanfari, head of Dhofar Municipality.
July 29, 2019
OPWP plans to re-tender for a Wind Resource Assessment (WRA) campaign this year.
July 29, 2019
Oman’s revenue in the first five months of this year rose by over 15 per cent to RO4.72bn compared to RO4.091bn in the same period of last year.
July 29, 2019

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