Category: INDUSTRY

Staying Competitive

Reem Batteries and Power Appliances Company is currently in a consolidation mode and is working on improving its cost competitiveness. The company is aggressively pursuing renewable energy offerings for Oman and some African countries, says CEO S Gopalan                             Can you highlight […]

Ahead of the curve

                                                      Octal which accounts for 7.3 per cent of Oman’s total non-oil exports has sustained its growth momentum by raising production levels, expanding product ranges and adopting new technologies, […]

Changing paradigms

Pradeep Kumar Nair, CEO of Sebacic Oman, talks about manufacturing sector’s role in Oman’s economic diversification and the potential of Duqm in redrawing the Sultanate’s industrial future.                                                         […]

Nerves of steel

NA Ansari, CEO of Jindal Shadeed Iron & Steel, talks about the potential of manufacturing sector in general, and steel industry in particular, to contribute to Oman’s economic diversification, and the key challenges facing the industries     As part of its diversification drive, the government is attracting foreign investments in free zones and special […]

Retaining the competitive edge

  Oman Cables Industry will continue to strive on a strategy framework that focuses on the creation of long term value to all stakeholders while ensuring sustainability in the operations. The company will remain vigilant and ensure that the winning recipe of supplying superior products with a competitive price is maintained, says Gert Hoefman, CEO […]

Wooing investments

The Public Establishment for Industrial Estates aims to implement a number of vital projects. A master plan has been prepared for Sohar Industrial Estate, taking into account the current seven phases and the surrounding developments, says CEO, Hilal bin Hamad Al Hasani                           […]

Industry
Lee Chee Khian
Building Blocks of Sustainable Development

Lee Chee Khian, CEO of Special Economic Zone Authority at Duqm, talks about how the region is getting kitted out to attract foreign investors and emerge as Oman’s manufacturing hub How is manufacturing sector going to contribute to Oman’s future economic development? And how Duqm is going to be an enabler of this transition? Currently […]

Banking & Finance
CBO
CBO raises RO47mn from treasury bills

  Oman’s central bank has raised OMR47.27 million by way of issuing government treasury bills. The total value of the allotted treasury bills amounted to OMR47.27 million, for a maturity period of 91 days, from May 31 to August 30, 2017. The average accepted price reached 99.729 for every OMR100 while the minimum accepted price […]

Banking & Finance
CBO1
Commercial banks perform well in Q1

  Commercial banks in Oman performed well during the first quarter of 2017 despite the difficult economic challenges facing the global banking sector. Net profits at the six commercial banks listed on the Muscat Securities Market (MSM) increased to OMR87.4 million, from OMR85.9 million during the same period last year. The banks also posted growth […]

Banking & Finance
Meethaq
Oman’s first Sukuk programme by Meethaq opens for subscription

Meethaq, the Islamic banking window of Bank Muscat, has launched the Sultanate’s first Sukuk programme. The maiden RO25 million issuance, open for subscription from May 21 till June 1, is part of a larger RO 100 million Sukuk programme for retail and institutional investors. The debut Sukuk issuance for RO 25 million comes with a green […]



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