Thursday, November 15, 2018

MoT will manage legislation; Omran will take care of execution

The Ministry of Tourism (MoT) on Sunday signed an agreement to transfer five projects to Oman Tourism Development Company (Omran) as a first stage. The...
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Ceramic Al Hael factory to start production by Q1 2018

Ceramic Al Hael Company International (CACI) celebrated the launch of its new brand identity. Valued at around RO40mn, CACI is one of the largest...
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PDO opens three public Majlises in Shaleem

Petroleum Development Oman (PDO) has officially inaugurated three public majlises in Wadi Aarah, Zakher and Fatkhait at wilayat Shaleem in an event which was...
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Firmly Placed For an Exciting Future

Congratulations on the 50th anniversary of the first export of Omani oil and PDO’s 80th anniversary! As you look back at the success journey,...
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Robust growth

The total outstanding credit extended to banks in Oman by other depository corporations stood at OMR23.3 billion at the end of October 2017, registering...
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PDO Opens Three Public Majlises In Shaleem

Petroleum Development Oman (PDO) has officially inaugurated three public majlises in Wadi Aarah, Zakher and Fatkhait at wilayat Shaleem in an event which was...
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ODB’s loan portfolio to touch RO411mn by 2022

Oman Development Bank (ODB) aims to achieve a double digit growth in loan portfolio with its total funding expected to reach OMR411 million by...
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Muscat Capital launches real estate fund

Muscat Capital, the Saudi-based investment banking subsidiary of Bank Muscat, announced the successful closure of its first Real Estate Investment Traded (REIT) fund. The...
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Oman’s refinery output rises 15 per cent

Total production of Oman’s refineries and petroleum industries units rose 14.6 per cent at the end of November 2017 compared to the output recorded...
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Exceeding Expectations in Value Creation

Petroleum Development Oman has made huge strides in supporting omani job creation, developing local supply chains and supporting the community, says the company’s External...
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