Oman’s construction sector to benefit from new steel capacity
Oman’s construction and infrastructure sector – a thriving industry albeit until the start of the coronavirus pandemic — is fuelling
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Business
Oman Aviation Group cuts capex by 87pc
Oman Aviation Group, the holding company of the state-owned airline, airport management and aviation-related businesses, has announced dramatic reductions in
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OPAL hosts maiden meeting of Skills Sector Unit
The first meeting of the Oil and Gas Sector Skills Unit (SSU) Governing Board meeting was held at the headquarters
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Oman set to be major egg production hub in Gulf
A string of mega investments in table and hatching egg projects is set to position Oman as a player in
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Oman LNG revenues hit $3.485 bn in 2019
Majority state-owned Oman LNG achieved revenues of $3.485 billion in 2019 – a year characterised by a new production high,
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Hospitals cannot turn away private Covid-19 patients: MoH
Private hospitals in the Sultanate are obliged to receive and treat private COVID-19 patients – Omani (insured) and expatriate –
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Sohar steel mill in $1bn sale deal
Indian power and steel conglomerate Jindal has announced the planned sale of its wholly-owned Jindal Shadeed Iron and Steel Co
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Oman Arab Bank completes takeover of Alizz Islamic
Alizz Islamic Bank has announced the completion of the takeover offer initiated by Oman Arab Bank (OAB). The transaction stems
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Is distance learning the answer to the pandemic?
Weighing on the minds of many people are economic and social concerns even as the coronavirus epidemic shows no signs
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Selective tax of 100% on alcoholic beverages from today
Muscat: The Oman Tax Authority will apply a 100 percent selective tax on alcoholic beverages, which was 50 percent at
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Oman Airport Cities open for investment
Oman Airport Cities, an ambitious initiative by Oman Aviation Group (OAG) to create new economic clusters around the nation’s international
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Investments in Sohar, Salalah free zones total RO 3.7 bn
The Middle East’s comprehensive logistics provider, Asyad, has announced the number of investment projects at Sohar Freezone and Salalah Free
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Ithraa, PDO sign cooperation agreement
Petroleum Development Oman (PDO) and Ithraa, the Sultanate’s inward investment and export development agency, came together to sign a Memorandum
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SMEs need to adapt to survive
MUSCAT: Small companies are most vulnerable during an economic crisis, in part because they have fewer resources with which to
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OABC’s online events keep business community connected
Hundreds of professionals in Oman have still managed to meet and make business connections during the COVID-19 pandemic, sharing knowledge
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Nine sectors identified for PPP-based ventures in Oman
Oman is opening up opportunities for private sector investment in as many as nine key sectors under the government’s newly
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22pc of Oman’s potable water supply ‘unaccounted for’ in 2019
Over a fifth of Oman’s total potable water supply was lost in 2019 due to a number of factors, including
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Merger of Oman Arab Bank, Alizz Islamic makes headway
Oman Arab Bank (OAB) has announced that it is moving ahead with its planned takeover of Alizz Islamic Bank (AIB).
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COVID-19 crisis: Risk aversion and resilience key
The COVID-19 pandemic has added a new dimension to a volatile economy and those organizations who were getting by on
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IMF warns of $12 trillion hit to economy from virus
The coronavirus pandemic will trigger the biggest hit to global growth since the Great Depression and cost the global economy
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Oman’s water sector subsidy dips to RO 154m in 2019
Government subsidy paid out to the Sultanate’s rapidly expanding water sector declined marginally last year to RO 154.2 million, down
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