Monday 25 May 2015
 
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Oman

Ineco to plan Muscat public transport systems

Spain-based Ineco, a leader in transport engineering, will design a public transport system for Muscat in a 52-week collaboration with the Oman National Transport Company (ONTC), a report said. Ineco will be building a system from

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Bank Sohar launches $250m 3-year debut loan

Oman's Bank Sohar has invited banks to participate in a $250 million debut loan to fund its general business activities, with the marketing of the deal expected to close by end of June, the arranger of the facility said on Sunday.

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GCC food demand to top 49m tonnes by 2017

The population growth, the increase in the number of tourists and the increase in per capita income in the GCC will see food consumption reach 49.1 million metric tons by 2017, according to experts. The region’s food import

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GCC food demand to top 49m tonnes by 2017

The population growth, the increase in the number of tourists and the increase in per capita income in the GCC will see food consumption reach 49.1 million metric tons by 2017, according to experts. The region’s food import

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Oman to pump $6.5bn into water infrastructure projects

Oman is set to spend around RO2.5 billion ($6.5 billion) for the expansion and modernisation of the sultanate’s water infrastructure over the next 25 years, said a report. This comes as part of the government's ambitious

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Oman to award major power plant project

Oman Power and Water Procurement Company (OPWP) is set to sign agreements with a consortium comprising Mitsui & Company, Saudi-based Acwa Power and Dhofar International Development and Investment Holding Company (DDIC) for the development of

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Oman to award major power plant project

Oman Power and Water Procurement Company (OPWP) is set to sign agreements with a consortium comprising Mitsui & Company, Saudi-based Acwa Power and Dhofar International Development and Investment Holding Company (DDIC) for the development of

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Oman Insurance Company appoints new chief

Oman Insurance Company (OIC) has appointed Christos Adamantiadis as its chief executive officer to replace Patrick Choffel who ends his successful four-year tenure next month. Abdulaziz Abdulla Al Ghurair, chairman to the OIC boar

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Orpic borrows $910m from local, Gulf banks

State-owned Oman Oil Refineries and Petroleum Industries Co (Orpic) has taken out a RO350 million ($910 million), ten-year loan from local and regional banks, part of which will be used to fund expansion projects, the company said on Friday.

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Oman convention centre to be major events hub

Oman Convention & Exhibition Centre (OCEC), the sultanate’s landmark business events hub, has revealed its latest 3D structures and aerial drone images in the lead up to its opening in 2016. The images were revealed at a

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