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Industry
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Mitsubishi Oman wins award for excellent sales growth

Mitsubishi Oman, represented by General Automotive Company (GAC) in Oman has been awarded for having achieved excellent sales growth for the fiscal year ended March 2015. This honour was conferred by the Japanese automobile giant – Mitsubishi Motors Corporation (MMC) to General Automotive Company.

India’s Power Sector Outlook Remains Negative

The outlook for India’s power sector remains negative due to evident structural challenges, Moody’s Investors Service said on Thursday, while assigning a stable outlook for the power sector in the Asia Pacific, except Japan.

ECONOMY
MSM
Muscat bourse records fall in trading volume

Total trading volume on the Muscat Securities Market (MSM) in the first nine months of this year amounted to OMR946.5 million, a fall of 44.7 per cent from its level in the same period last year, which stood at OMR1.7 billion.

Consumer Products
Oman records lowest inflation in Gulf region

Oman recorded the lowest inflation rate at 0.07 per cent in August among Gulf Cooperation Council (GCC) states. The highest inflation rate was recorded in the United Arab Emirates at 4.94 per cent in August, against the same period last year.

Industry
787 Dreamliner
Boeing celebrates delivery of Oman Air’s first 787 dreamliner

The Boeing 787 Dreamliner is an all-new, super-efficient family of commercial airplanes that brings big-jet ranges and speed to the middle of the market. In response to airlines’ overwhelming preference, Boeing designed the 787 family with superior efficiency, which allows airlines to profitably open new routes to fly people directly where they’d like to go in exceptional comfort.

Industry
Tanzaniaport
Oman signs pact for Tanzania port project

Assigned by His Majesty Sultan Qaboos bin Said, Dr. Ahmed bin Mohammed Al Futaisi, Minister of Transport & Communications, participated yesterday in the signing ceremony of the agreement on construction and development of the Port of Bagamoyo in Tanzania.