Oman Cement to modernise plant, expand capacity
Majority government-owned Oman Cement, the Sultanate’s first cement manufacturer, has initiated a series of steps to upgrade its flagship plant
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New Oman ‘green’ refinery set to be ‘game-changer’
A Canadian investment firm spearheading the development of an ultra-low sulphur fuel oil refinery in the Sultanate says the project
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Spotlight: Detect disability among children early for better treatment
Developmental disabilities among children can be diagnosed even during pregnancy. The experiences and studies of developed countries reveal that disability
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IMF report outlines opportunities for regional economic outlook
MUSCAT, OCT 28 – Countries in the Middle East and North Africa region responded to the COVID-19 pandemic with swift
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Sultanate gears up for 50th National Day
Amid pandemic, the Sultanate of Oman is set to celebrate the 50th National Day on November 18. Preparations to decorate
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Oman’s flagship dairy to diversify product portfolio
MUSCAT, oct 27 – Mazoon Dairy Company, the Omani government-backed mega dairy project in Al Buraimi Governorate, is preparing to
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Oman banks urged to adopt fintech and open banking
Oman Banks Association (OBA) has exhorted lending institutions in the Sultanate to embrace some of the technological innovations that are
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Oman’s largest cement plant to come up in Duqm with $435 million investment
MUSCAT, oct 25 – Construction work is set to begin on Oman’s largest integrated cement manufacturing facility with an investment
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Oman’s be’ah launches waste segregation and recycling initiative
Building on its efforts to promote solid waste recycling in support of the growth of a circular economy in the
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Oman’s economy poised to grow 4 per cent in 2021-22: WB
After a significant contraction in 2020, the Sultanate’s economy is anticipated to make a positive recovery over the next two
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Omani aluminium coil exports attract US anti-dumping duty
MUSCAT, OCT 24 – The Ministry of Commerce, Industry and Investment Promotion has clarified that the fees imposed for aluminium
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Oman’s real GDP to contract 4 per cent in 2020 due to low oil prices, pandemic: MoF
The low oil price environment, coupled with the effects of the pandemic, is expected to result in a 4-per cent
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New guidelines issued for promotional offers
MUSCAT, oct 24 – The Ministry of Commerce, Industry and Investment Promotion has issued Ministerial Decree 184/2020 amending certain provisions
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With HM blessing, tourist rest house opens in Samayil
Muscat: With the Royal blessing of His Majesty Sultan Haitham bin Tarik, Al Faihaa Tourist Rest House was opened in
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With effect from today, ROP to impose full night lockdown, movement ban
Muscat: Royal Oman Police (ROP) will this evening impose a complete lockdown on public movement and commercial outlets from 8
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Major strategy to fuel growth of fintech industry in Oman
The Central Bank of Oman (CBO) is formulating a robust and comprehensive strategy to support the growth and adoption of
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Novel features distinguish latest RO 200m Oman sukuk issuance
BUSINESS REPORTER – MUSCAT, OCT 9 – The Omani government’s recent RO 200 million sukuk issuance incorporated several novel features
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EU action bodes well for FDI inflows into Oman
Transparency: The action follows a series of reforms initiated by the Sultanate to improve its tax governance framework and to
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Oman’s national credit registry to go live on Nov 18
Key milestone: The launch of Oman’s national credit bureau (Mala’a) exemplifies efforts by the Central Bank, as well as the
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Oman’s top banks see 34.2 per cent decline in H1 profits: Report
BUSINESS REPORTER MUSCAT, OCT 7 A majority of Oman’s banks are feeling the impact of tightening operating conditions, according to
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5G networks affected by external radio interference: TRA
External radio interference is to blame for the poor performance of some 5G-based telecom stations operated by mobile service providers
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