Saturday 20 December 2014
 
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Oman

Bahrain-Oman may mull debt issuance

Bahrain and Oman are likely to finance any increase in fiscal deficits next year through sovereign debt issuance, according to Moody's Investors Service. The ratings agency said that while the six GCC states can withstand the

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Orpic Logistics inks deals for $320m Oman pipeline project

Orpic Logistics Company (OLC) has awarded an engineering, procurement and construction (EPC) contract and a financing deal for a major pipeline project worth $320 million in Oman. OLC is a joint venture between Oman Oil Refineries and P

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Napco posts net profits of $1.2m

National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the GCC, has posted strong performance for the first three quarters of the year, with net profits worth more than RO486,000 ($1.2 million). I

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Orpic to lead Omani firms at ArabPlast Dubai

Oman Oil Refineries and Petroleum Industries Company (Orphic) is set to lead a number of Omani companies participating at the ArabPlast Dubai 2015 depicting the rising importance of the sector in the Sultanate. The plastic exhibit

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EAG inducts new Embraer Legacy business jet in Oman

Empire Aviation Group (EAG), a Dubai-based private aviation services company, has inducted a new Embraer Legacy 650 business jet into its managed fleet based in Oman. The Legacy 650 is for an existing owner and will be managed for

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Oman Air, StanChart sign landmark financing deal

Oman Air, the national carrier of Sultanate, and Standard Chartered, have signed a sale and operating leaseback transaction for three B737-800 aircraft, through its Aviation Finance team - Pembroke. The first two aircraft were del

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Oman Air, StanChart sign landmark financing deal

Oman Air, the national carrier of Sultanate, and Standard Chartered, have signed a sale and operating leaseback transaction for three B737-800 aircraft, through its Aviation Finance team - Pembroke. The first two aircraft were del

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CCC likely to win Oman mixed-use project

Consolidated Contractors Company (CCC) Oman is likely to win a general contract for Omagine, a $2.5-billion mixed-use tourism and real-estate project to be developed on a 1-million sq m beachfront in Seeb, Oman, said a report.. Th

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Probst offers key training to Oman machinists

Probst, a leader in gripping technology and laying systems, has awarded key certificates to the employees of Allied Business Corporation (Abcon) in Oman for completing the special machine training course. The Abcon staff received

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City Centre Qurum launches free shuttle bus service

City Centre Qurum, a leading community destination by Majid Al Futtaim, has launched a dedicated tourism programme featuring a complimentary shuttle bus service, to cater to Oman’s rising population. Operating daily and thro

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