Sunday 5 July 2015
 
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Oman

Omani banks sign deal on proposed merger

Oman’s Bank Sohar and Bank Dhofar have entered into a non-binding agreement on a proposed merger, the duo said, in the latest move towards consolidation in the country’s bloated banking sector. The two lenders agreed t

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LuLu opens new outlet in Sohar

LuLu Hypermarket opened a new outlet in Sohar further boosting its retail presence in Oman. The new hypermarket was officially inaugurated by Oman’s Industry and Commerce Ministry under-secretary Ahmed bin Hassan Al Dheeb in

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Oman firm on track to double aluminium production

Oman-based National Aluminium Products Company (Napco) said its expansion plan to double capacity is on track with equipment beginning to arrive in the sultanate ahead of schedule. The premier extruder of aluminium profiles in the

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Oman firm on track to double aluminium production

Oman-based National Aluminium Products Company (Napco) said its expansion plan to double capacity is on track with equipment beginning to arrive in the sultanate ahead of schedule. The premier extruder of aluminium profiles in the

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New Salalah Airport to boost tourism

Salalah is expecting a large number of visitors this year as its new airport has opened just in time for Khareef – the region’s busiest tourist season. Oman’s new Salalah Airport, which commenced operations on Ju

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Omagine plans new tourism project

Omani government and developer Omagine are expected to sign a usufruct agreement on the $2.5-billion Omagine Project on July 1, paving the way for the development of Oman’s latest waterfront tourism project, a report said. This fo

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Oman central bank approves Ominvest, Onic merger

The central bank of Oman has approved the proposed merger of Oman International Development and Investment Company (Ominvest) and Oman National Investment Corporation Holding, a statement from the regulator said on Tuesday. The as

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MAN lands Oman refinery maintenance contract

Germany's MAN Diesel & Turbo (MDT) said it has won a large shutdown engineering project contract from Oman Oil Refineries and Petroleum Industries Company (Orpic) for its refinery in the Sohar region of the sultanate. Unde

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MAN lands Oman refinery maintenance contract

Germany's MAN Diesel & Turbo (MDT) said it has won a large shutdown engineering project contract from Oman Oil Refineries and Petroleum Industries Company (Orpic) for its refinery in the Sohar region of the sultanate. Unde

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MAN lands Oman refinery maintenance contract

Germany's MAN Diesel & Turbo (MDT) said it has won a large shutdown engineering project contract from Oman Oil Refineries and Petroleum Industries Company (Orpic) for its refinery in the Sohar region of the sultanate. Unde

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