Friday, November 16, 2018
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Port of Salalah begins ship to ship transfer services

The Port of Salalah completed its first ship to ship transfer operation (STST) at Salalah anchorage recently as part of the port’s expanding service...
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Industrial estates post strong growth in 2017

Oman’s industrialisation drive continues to witness massive expansion in the total number of leased areas, infrastructure projects, investments, number of projects and job opportunities...
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Oman’s oil production touches 30mn barrels

Oman’s crude oil and condensate production touched 29.97 million barrels in December 2017, which is an average of 966,952 barrels per day. Export of Oman...
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Oman’s trade surplus surges to RO1.4bn

Oman recorded a surplus of RO1,402.9mn in international trade at the end of September 2017, compared with RO944.3mn during the same period of 2016,...
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Oman Forum 2017 calls for nurturing SMEs and enabling job creation

Oman Forum 2017 made a strong pitch to nurture SMEs, develop entrepreneurship and create employment opportunities for Omanis. HE Abdullah Al Salmi, Executive President, Capital...
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New Rolls Royce Phantom launched in Oman

The new Rolls-Royce Phantom has been launched in Oman, following its recent global debut in London. The new flagship of the luxury car manufacturer...
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Marginal growth

Most insurance segments have witnessed varying levels of fall, except health insurance and group life insurance which recorded an increase of 17 per cent...
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Petrofac awarded $800mn contract for Khazzan gas project

Petrofac has been awarded a lump-sum contract worth approximately $800 million by BP for the Phase 2 central processing facility (CPF) at the Khazzan...
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Omani banks achieve 5.7 per cent growth in credit

Omani banks, including Islamic institutions, achieved a year-on-year growth of 5.7 per cent in total credit at RO23bn by September-end this year. Credit to the...
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Oman receives RO8bn foreign direct investment

Oman received RO8,013mn in foreign direct investment in the first half of 2017, a growth of RO619.4mn over the same period in 2016. The...
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