United States has filed an anti-dumping lawsuit against Oman and four other countries for selling steel pipes below its fair price. The lawsuit has been filed by the Department of Commerce, US.
A new report, Innovation in life sciences: An emerging markets perspective, by The Economist Intelligence Unit, commissioned by Dubai Science Park, was released on Tuesday identifying success factors in driving innovation in the life sciences industries of a diverse group of countries, from China and Brazil to Costa Rica.
At a time of uncertainty created by the precipitous fall in oil prices and oversupply, the International Energy Agency (IEA) said on Monday that prices could go up from mid-2016 with supplies tightening due to a drop in investment and falling US output.
Oil swung between gains and losses near the lowest closing price in almost four weeks as investors weighed a slowing pace of United States drilling-rig reductions against an interest rate cut in China.
Generating a variety of high potential leads and the possibility to attract over 40,000 delegates, the Oman Convention & Exhibition Centre (OCEC), the Sultanate’s landmark events hub, has successfully completed its third Roadshow in Europe, a joint initiative with the Ministry of Tourism (MoT).
Despite being a small insurance market, the Gulf Cooperation Council (GCC) remains the fastest growing insurance region, outpacing all other markets with top line growth of close to 15% in 2014, says Moody’s Investors Service in a new report published today.
Orpic (Oman Oil Refineries and Petroleum Industries Company) had named Tecnimont, JV GS Engineering & Construction Corp. / Mitsui & Co. Ltd and Punj Loyd as the preferred bidders for three of four packages for its Liwa Plastics Industries Complex (LPIC) project.
The Sultanate of Oman is gearing up to celebrate the 45th National Day, which will give the citizens and residents of the Sultanate an opportunity to express their pride and love for the nation and its great leader His Majesty Sultan Qaboos bin Said.
Dunes Industries held a VIP ceremony this week to celebrate the opening of its new hot-dip galvanizing plant at SOHAR Freezone. His Excellency Dr Ahmed Mohammed Salem Al Futaisi, Minister of Transport and Communications, was the guest of honour at the event, with a ribbon cutting ceremony to declare the state-of-the-art facility open for business after a 12-month development phase.
The much awaited OER Finance Summit and Top 20 awards is all set to be held at Crowne Plaza Hotel, Muscat on October 20. Organised by Oman Economic Review (OER), the Sultanate’s premium business magazine, the Finance Summit, will bring together top CEO’s, CFO’s and financial leaders for an interactive discussion on ‘Managing finance in an uncertain business environment.’