Oman plans to offer shares in some state-owned downstream energy companies to the public, partly to raise money as low oil prices pressure its finances, Oman’s Oil and Gas Minister Mohammad bin Hamad Al Rumhy said recently. The companies include Salalah Methanol Co. and a drilling company, Rumhy told reporters without naming the drilling firm […]
Oman Tourism Development Company (OMRAN) has joined hands with QNB Oman for the development financing for the JW Marriott Hotel Project within the Oman Convention and Exhibition Centre (OCEC) precinct and part of phase one of the emerging Madinat Al Irfan Urban Development by Omran. The financing agreement, […]
Oman Telecommunications Company (Omantel), the Sultanate’s leading provider of integrated telecommunication services, announced the launch of fibre optic services to homes across Al Ghubra and Azaiba. The roll out will enable thousands of residents in those areas to benefit from high-speed fibre optic technology with competitive prices, giving customers great […]
Meethaq, the Islamic banking window of Bank Muscat, signed an agreement to provide Islamic project finance for Dar Al Tomouh company to set up the Sultanate’s first-of-its-kind commercial contract chicken farming project in the wilayat of Nizwa. The project with an annual production capacity of 3.74 million kg live chicken will have a far reaching […]
Nissan has set the Guinness World Records title for the fastest drift using the specially tuned MY16 Nissan GT-R by entering a drift at a speed of 304.96 km/hr. Watch the full video here.
The Lord Mayor of the City of London, Jeffrey Mountevans, recently visited Oman. The major focus of the visit was to strengthen the UK’s relationship with Oman. Click to view an excerpt of Lord Mayor’s interview.
Spearheading a new era in hybrid technology across the Middle East, Saud Bahwan Group launched Toyota Prius in Oman. Watch the full video of Toyota Prius launch.
Shell has announced its fifth Gift to The Nation during a ceremony held recently at the Grand Hyatt in Muscat. Watch the video.
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Al Qurum Jewellery, the official partner of Patek Philippe in Oman, opened its newly revamped boutique for the world renowned Swiss watchmaker at the Opera Galleria, Royal Opera House Muscat after an extensive expansion and renovation programme. “Patek Philippe has held a strong and enduring bond with Al Qurum Jewellery dating back more than a […]