BUSINESS

The Firm’s ‘Speak in Oman’ event features international experts

The Firm for Business and Economic Consulting (The Firm) organised a one day special networking session ‘Speak in Oman’ on Sunday at the Knowledge Oasis Muscat (KOM).
May 28, 2017
With oil prices continuing to remain low, economic activity in the sultanate remained subdued, the central bank noted.
May 28, 2017
Oman’s commercial banks performed well during the first quarter of 2017 despite the difficult economic challenges facing the global banking sector.
May 28, 2017
MOG has granted exploration rights to Eni and OOCEP in Block 52
May 27, 2017
Petroleum Development Oman (PDO) signed three contracts worth US$35mn with Omani firms for the supply and servicing of compressors.
May 25, 2017
The maiden RO25mn issuance, open for subscription from May 21 till June 1, is part of a larger RO100mn sukuk programme for retail and institutional investors.
May 24, 2017
The country’s last foray into international debt markets was a US$5bn three part offering of dollar bonds in March.
May 24, 2017
National Finance also plans to issue perpetual bonds worth RO18.2mn through a private offer, subject to shareholders and regulatory approvals.
May 23, 2017
David Gledhill has resigned from his position as the chief executive officer of Salalah Port Services Co, which operates and manages Port of Salalah.
May 23, 2017
These first 50 wells will enable production of 1bn cubic feet of gas a day to be achieved from first gas onwards and delivered to the sultanate.
May 23, 2017
While the long-term fundamentals remain strong, the retail market in Oman is presently under pressure due to economic slowdown.
May 22, 2017
Oman Power and Water Procurement Company (OPWP) is planning to issue a number of tenders for power generation and water desalination projects in 2017.
May 21, 2017
Allison said Omani authorities have set appropriately ambitious fiscal targets in 2017 budget that would reduce the deficit by almost half to 12 per cent of GDP if achieved.
May 21, 2017
The company plans to increase the container terminal capacity to 3.5mn TEUs (twenty foot equivalent units) when the terminal will be working at its maximum capacity.
May 18, 2017
Issa was ranked 47th among the Top 100 CEOs in the GCC region by leading business publication group Mediaquest.
May 18, 2017
The event was held under the patronage of H E Eng Salim al Aufi, Undersecretary of the Ministry of Oil and Gas, at Maharat’s premises at Knowledge Oasis Muscat.
May 16, 2017
Oman will support an extension of the oil production cut agreement between OPEC and non-OPEC producers, H E Aufi said.
May 16, 2017
Events from the last few days have once again highlighted the havoc cyber attacks can wreak.
May 16, 2017
Situated in Sohar Port, Hutchison Ports Sohar is a modern container-handling facility capable of accommodating the latest generation of mega vessels.
May 15, 2017
Wahaibi will be responsible for continuing the rapid growth of the company’s business and wholesale segments, Ooredoo said in a press release on Sunday.
May 15, 2017
For the Port of Salalah, SPSC said the outlook remains neutral and developing more gate cargo remains the essential priority to anchor new and additional business at the port.
May 14, 2017
National Finance Company on Sunday said its board of directors agreed to offer a cash buyout to the shareholders of Oman Orix Leasing Company.
May 14, 2017
The ratings agency also estimates that Oman’s fiscal and current account deficits were higher in 2016 than it had anticipated, and GDP per capita lower.
May 14, 2017
The launch event also saw the unveiling of the logo of the newly formed company.
May 14, 2017
Omantel board of directors approved the company’s financial results for the first quarter ended March 31, 2017.
May 14, 2017
Dr. Mahathir Mohamad said all the major industries require the support of SMEs in many ways.
May 11, 2017
The terms of the MoU outline the cooperation between the two companies in developing a multi-specialty hospital project in Oman.
May 10, 2017
The group net profit fell to RO3.09mn for the first quarter against a group net profit of RO8.08mn during the corresponding period of 2016.
May 09, 2017
While 68 per cent of Omanis hold bank accounts, only 46 per cent of expatriates have accounts with banks, as per 2016 statistics.
May 09, 2017
Saudi Arabia and Russia signaled they could extend production cuts into 2018, doubling down on an effort to eliminate a supply surplus just as its impact on prices wanes.
May 08, 2017