Saturday 23 August 2014
 
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Oman

Oman Oil Company names new chief

Oman Oil Company has appointed Isam bin Saud Al Zadjali as its new chief executive officer, said a report. Al Zadjali comes with more than two decades of experience in the oil and gas sector, having served as senior vice president

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Kuwait's Global in talks to sell Al Jazeera Steel stake

Kuwait-based Global Investment House is in talks to sell its 51 per cent in stake in Oman’s Al Jazeera Steel Products, said a report. The bank, which has restructured its $1.7 billion of debt twice in the past five years, he

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Al Hassan wins $68m Sohar Refinery expansion deal

Oman-based Al Hassan Engineering has won a $68 million contract for the construction and civil works of  Sohar Refinery improvement project, said a report. The company received a letter of intent from Daelim-Petrofac for the

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Al Hassan wins $68m Sohar Refinery expansion deal

Oman-based Al Hassan Engineering has won a $68 million contract for the construction and civil works of  Sohar Refinery improvement project, said a report. The company received a letter of intent from Daelim-Petrofac for the

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WSP wins key Oman airport facilities contracts

UK-based consultant WSP has been appointed by international contractor J&P Overseas and Oman’s Ministry of Transport and Communication to work on two major airport facilities in Oman. The projects include the maintenance and c

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Oman’s logistics market set for steady growth

The nascent transportation and logistics market in Oman will witness steady growth over the next five to seven years due to planned investments in logistics infrastructure and industrial development in the country, said a new report.

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Oman’s logistics market set for steady growth

The nascent transportation and logistics market in Oman will witness steady growth over the next five to seven years due to planned investments in logistics infrastructure and industrial development in the country, said a new report.

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Raysut Cement H1 profit hits $46m

Oman-based Raysut Cement Group has reported a  pre-tax profit of RO17.48 million ($46 million) for the first six months of 2014, versus RO16.38 million for the same period of last year, marking a rise of 6.7 per cent, a report said.

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Ominvest reports 20pc rise in H1 profit

Ominvest (Oman International Development & Investment Company SAOG), one of Oman’s leading investment companies, has posted a profit of RO9.4 million ($24.35 million) for the six months of the year, marking a growth of 20 per cent.

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Salalah Rotana Resort supports Omani workforce

Salalah Rotana Resort continues to expand its team of professionals with a growing number of Omani nationals. The resort on the sandy white shores of the renowned Salalah Beach boasts 400 rooms and suites with unrivalled children’

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