Category: INDUSTRY

ECONOMY
Musandam gas plant
Musandam gas and power plants open

Musandam Gas Plant (MGP) and Musandam Power Company (MPC) were inaugurated under the patronage of His Highness Sayyid Mansoor bin Majid bin Taimur Al Said yesterday. The Musandam Gas Treatment and Power Plants are collectively worth more than OMR400 million. Oman Oil Company’s (OOC) wholly owned subsidiary, Oman Oil Company Exploration and Production LLC (OOCEP) […]

News
Omantel
Omantel completes Zain acquisition

Oman Telecommunications (Omantel) has won the bid to acquire 12.1 per cent of the issued share capital in Mobile Telecommunications Company (Zain), making Omantel the second largest shareholder in Zain Group, with a 21.9 per cent stake. The acquisition creates a new digital telecom powerhouse, capable of leading digital transformation across the Mena region, said […]

Oil&Gas
Khazzan-social-01
Khazzan: Towards sustainable development

BP is supporting sustainable, socio-economic development in Oman, including education, enterprise development and energy sustainability. More than 33,000 people have benefited from the Social Investment Programme since its launch in 2014. Read more

Banking & Finance
nBO 3
NBO unveils new headquarters

National Bank of Oman (NBO) has officially unveiled its spectacular new headquarters. The latest landmark to complement Muscat’s skyline took centre-stage at a special VVIP event under the auspices of His Highness Sayyid Asaad bin Tariq Al Said, Deputy Prime Minister for international relations affairs and special representative for His Majesty the Sultan, and is […]

FROM THE PRINT EDITION
Interview
Power-packed

Sohar Aluminium is hosting the 2017 Arab International Aluminium Conference or ARABAL in Muscat from November 7–9 2017. Said Al Masoudi, CEO, Sohar Aluminium explains its uniqueness and differentiation. Mayank Singh reports The theme of ARABAL is ‘driving strategic growth across the global aluminium industry.’ What are the key takeaways that delegates can look forward […]

Insurance
CEO S VENKATACHALAM
National Life and General Insurance to open branch in Kuwait

National Life and General Insurance (NLGIC) has obtained a licence for operations in Kuwait. This is the company’s second foray into countries outside Oman, said a company release. “We are glad to get this opportunity to do business in Kuwait. We would like to thank the Kuwait administration, as well as the Oman establishment, for […]

ECONOMY
Face2face
Committed to national priorities

Isam bin Saud Al Zadjali, CEO, Oman Oil Company shares his thoughts on the company’s achievements, challenges and future direction in an exclusive interview to Mayank Singh.  In 2017 Oman Oil Company completed 20 years of operations. As you look back, what have been the major milestones and challenges for the company? Oman Oil Company […]

Infrastructure
Saham-Sohar Section of Batinah
Saham-Suhar section of Batinah road opens

A 27-km Saham-Suhar road, part of the Al Batinah Expressway, was opened to traffic on Wednesday. The opened section is part of the 50-km fourth package of the road. The opening ceremony was attended by Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communications, Shaikh Saif bin Muhanna al Lamki, Governor of North Al […]

Energy
Bauer
Bauer awarded waste management contracts in all PDO concession areas

Bauer Nimr, along with Tanmia and Suma Oman, has been awarded the contract to run waste management operations for the North Al Sharqiyah and Al Wusta governorates by Oman Environmental Services Holding Company (Be’ah). Bauer Nimr is the leading domestic and hazardous waste management services provider for the oil and gas industry in Oman. The […]

Banking & Finance
Al Mouj-AL IZZ
Alizz to offer Sharia-compliant finance to investors at Al Mouj

Al Mouj Muscat, Oman’s lifestyle destination, has signed an agreement with Alizz Islamic Bank to provide home financing solutions to potential home-owners. Under the agreement, aspiring homeowners will have access to a full range of Alizz Islamic Bank’s financing solutions and competitive financing rates when purchasing property at Al Mouj Muscat. “We are proud to […]