Thursday 20 July 2017
 
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Oman

Oman’s non-oil exports drop to $6.2bn in 2016

Oman's non-oil exports declined to RO2.4 billion ($6.2 billion) in value in 2016, down from RO3 billion ($7.79 billion) a year earlier, a drop of 20.1 per cent, said a report quoting Central Bank of Oman (CBO) data. The slump

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Ooredoo brings 5G network to Salalah Tourism Festival

Ooredoo, a leader in Oman’s telecom sector, is conducting a demo of its 1.2Gbps speed network at the Salalah Tourism Festival, as a proof of it is continuous efforts to be ready for 5G. This demo kicks off the highly anticipated R

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Bank Muscat posts $219m H1 profit

Bank Muscat reported a net profit of RO84.31 million ($218.96 million) for the six months ended June 30, 2017, a decline of 6.8 per cent compared to RO90.47 million ($234.96 million) in the first half of 2016.     The net

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Oman Air flight makes a U-turn following technical glitch

An Omar Air flight bound for Bangalore experienced a technical glitch on takeoff and returned safely to its home base, Muscat. Flight WY 283, operated by a Boeing 737 – 800, took off from Muscat at 10.25 hrs local time with

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Oman to build new seawater desalination plant

Oman Power and Water Procurement Company (OPWP) has announced plans to develop a seawater desalination project in the Dhofar area of the sultanate with a capacity of 100,000 cu m per day, said a report. OPWP, which oversees procur

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Oman Air has no plans to bid for Air India

Oman Air has no interest in making a bid for Air India, a senior official has confirmed. According to a report in

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Oman to sign mining strategy deals with consultancies

Oman’s Public Authority for Mining (PAM) will sign a contract with SRK Consulting and its supportive companies, Mayer Brown and Wood Mackenzie, to implement a new mining strategy, said a report. The general strategy for the

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Oman, Qatari businessmen plan 3 projects

Businessmen from Oman and Qatar are expected to launch three manufacturing projects, said a senior official from Zubair Corporation. The company has three projects under consideration based on partnerships between Qatari and Omani

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Ithraa hosts packaging workshop in Oman

Oman-based Ithraa, a leading inward investment export development agency, recently teamed-up with the International Trade Centre (ITC), a joint WTO – UN agency dedicated to supporting the internationalisation of SMEs, to host a packaging w

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Duqm to receive natural gas supply by 2019

A gas supply agreement to the Special Economic Zone in Duqm (SEZD) in Oman will become operational by 2019, a top official said. “During the past period, several contracts and tenders for the projects have been awarded inclu

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