Monday 24 July 2017
 
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Oman

Orpic wins award for LPIC finance deal

Oman Oil Refineries and Petroleum Industries Company (Orpic) has been awarded the Project Finance Deal of the year (2016) award by Trade and Export Finance (TXF) for its Liwa Plastics Industries Complex (LPIC) project finance deal.

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Orpic wins award for LPIC finance deal

Oman Oil Refineries and Petroleum Industries Company (Orpic) has been awarded the Project Finance Deal of the year (2016) award by Trade and Export Finance (TXF) for its Liwa Plastics Industries Complex (LPIC) project finance deal.

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SalamAir CEO leaves

The CEO of Oman’s low-cost carrier (LCC) SalamAir, Francois Bouteiller, has stepped down, according to a report. The airline said the board of directors has appointed one of its members as the interim CEO, said the Arab News

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Oman wins IODA championships 2019 bid

Oman said it has won bid to host the 2019 International Optimist Dinghy Association (IODA) Asian and Oceanian Championship at its purpose-built Olympic standard venue, Al Mussanah Sports City, from September 30 to October 8. The s

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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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