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AkzoNobel’s ‘Scratch 2 Win Scheme’ for Sadolin gains positive response in Oman

  AkzoNobel, a leading global paints company and manufacturer of Dulux brand, has gained positive response from the Oman for its ‘Scratch 2 Win Scheme’ for Sadolin. For every purchase of 18 litres of the Sadolin 88 Plus range, customers are entitled to a ‘Scratch 2 Win’ card with guaranteed cash prizes of 0.500 Bz to RO 5.000 instantly reimbursed […]

Government transfers port shares to Oman Investment Fund

Oman’s Capital Market Authority (CMA) has recently approved the transfer of the Government’s shares in the Port Services Corporation to Oman Investment Fund. As per the agreement signed between the Ministry of Finance and the fund, the ownership of 33,736,300 shares at a nominal value of 100 baisas per share representing 35.497 per cent of […]

Yet another month of successful sales for Maserati

Maserati returns excellent sales results for the month of August on all the main European markets. Italy is once again the company’s biggest European market, with 97 new registrations last month, representing a 273% increase compared to August 2015. This brings the total of Maserati vehicles registered in the first eight months of the current year […]

Kunooz Oman Holding plans IPO in 2017

Kunooz Oman Holding, one of the Sultanate’s major mining companies has plans to come up with an initial public offering (IPO) in the first half of 2017. “The company, which has a paid-up capital of RO16mn, has received initial approval to offer 25 per cent stake in Kunooz Oman to the investing public through a […]

Pensions funds to own 20% of Crowne Plaza at Madinat Al Irfan

Omran, the master developer of the Madinat Al Irfan Urban Centre project in Muscat, has announced its initial Private Placement Memorandum (PPM) agreement for the development has been a successful first stage of its public-private sector partnership approach. Two pension funds have invested a total of 20 per cent in the new Crowne Plaza property, […]

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Renovated Al Hoota Cave opens

Omran celebrated the official opening of Oman’s most popular natural tourist destination, Al Hoota Cave, following the implementation of broad enhancements to the visitor experience at the attraction. HE Dr Sheikh Khalifa bin Hamad Al Saadi, Governor of Al Dakhiliyah led the opening ceremony joined by a crowd of officials, guests and excited school children. Guests were welcomed […]

Outlook for Oman salaries optimistic for 2017

A GCC-wide survey of 600 multinational companies and locally-owned conglomerates - the largest study of its kind in the Gulf region - has forecasted that salary earnings will increase an average of 4.7% in 2017, demonstrating a more optimistic outlook across the board as GDP growth is also expected to climb in the year ahead. […]

Jebel Sifah Golf Course to open in early 2017

    HE Maitha Al Mahrouqi, undersecretary of the Ministry of Tourism, visited Muriya’s Jebel Sifah project to have a closer look on the company’s achievements and upcomi ng additions including the 9-hole PGA golf course. Designed with the environment in mind by the renowned Peter Harridine, and developed with golf experts Troon, this masterpiece […]

Galfar to build RO61mn fishing port in Duqm

Galfar Engineering and Contracting Company has been awarded a contract worth RO60.694 to build a fishing port at Duqm, according to a disclosure statement posted by the company on Muscat Securities Market (MSM) website. The duration of the contract awarded by the Special Economic Zone Authority, Duqm (SEZAD) is 30 months in addition to six […]


    Pursuing a collaborative framework

    Abdulrahman Salim Al Hatmi, Group CEO, ASYAD talks about the Sultanate of Oman Logistics Strategy 2040 and its efforts in achieving the enshrined goals.  Mayank Singh reports What is ASYAD’s mandate and vision as Oman’s leading logistics group and what has been achieved in pursuance of these objectives? ASYAD has two primary mandates; the first is […]

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    Oman Data Park Maqbool Al Wahaibi
    Exemplary services

    Maqbool Al Wahaibi, CEO, Oman Data Park & Mazen Matar, GM- Cloud Services, Oman Data Park talk about company’s exemplary services in running and operating three data centers in tier-three category, serving nine leading banks in the country, along with 500 plus enterprises and customers in various sectors.

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What is it like working for Elon Musk?

If you can get a job done yesterday, then, and only then can you work with Elon Musk, founder, and CEO of both Tesla and SpaceX. For someone who is into making rockets and cars, wouldn’t his speed of work be like lightning? Musk is also the co-founder and chairman of an artificial intelligence research, non-profit […]

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