The Sur IPP has been established under a Build-Own-Operate (BOO) scheme. The agreement requires the shareholders of the project company to offer 35 per cent of their stakes in an Initial Public Offering (IPO), which will be launched soon. Oommen John P reports.
The CMA is working to encourage domestic firms to carry out IPOs. According to the Capital Market Authority (CMA), which regulates Oman’s stock exchange and related activities, 2015 has the potential to be a big year for new listings on the Muscat Securities Market (MSM). While details are still relatively scant, according to the government […]
The ambitious rail project is expected to have a long-term positive impact on the Sultanate in a variety of ways.
Oman’s 2015 state budget, which was approved by a royal decree issued on January 2, affirms the government’s commitment to maintain current spending and, in addition, to support ongoing investment in a raft of large-scale capital projects.
A panel discussion on corporate governance was a major highlight of the OER Top 20 Awards event held recently. The Oman Economic Review (OER)’s Top 20 Awards for the Sultanate’s large listed companies for the year 2012 was presented at a gala event held in Muscat recently. At the event held at Afrah Ballroom of […]
Oman Air’s new paper recycling programme, in partnership with Mzaya Al Batina Modern, an Omani company run by young local entrepreneurs, is aimed at recycling waste papers from across the company and from Oman Air’s aircraft arriving at Muscat.
The recent amendments to Oman’s Commercial Agencies Law are the first of three complementary legislative measures aimed at increasing competition in the Omani market and curbing price rises.
My favourite Asian market for 2015 remains Taiwan, now trading at 13 times earnings and 1.9 times book value.
Almouj Golf, the award winning PGA Standard 18-hole links golf course at The Wave, Muscat, has become the first golf course in the Middle East and North African (MENA) region to be certified as an ‘Audubon Cooperative Sanctuary’. An OER report.