Celebrating Oman’s 45th National Day, Awasr, the Sultanate’s only purpose-built fibre broadband service provider, announces its partnership with Oman Broadband Company (OBC).
Oil demand in Asia will rise by about 16 million barrels a day to almost 46 million by 2040, Abdalla Salem El-Badri, secretary-general of the Organization of Petroleum Exporting Countries, said in an article posted on the International Energy Forum’s website.
For his research on natural hazards in the Sultanate of Oman, the geoscientist Prof. Dr Gösta Hoffmann from the German University of Technology in Oman (GUtech), Department of Applied Geosciences, was awarded with the National Research Award of The Research Council (TRC) yesterday evening. Prof. Dr. Gösta received the Award from H.H. Sayyid Shihab Bin Tariq Al-Said.
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, hosted the sixth Majlis Meethaq evening, a unique social forum aimed at facilitating interaction with prominent personalities sharing inspirational aspects of their life and career as well as views and perspective on the economy and important social and cultural issues.
Usher Agro Limited through its 100% subsidiary Usher Worldwide FZE and Prime Trading LLC signed a Joint Venture Agreement with Al Mada Project Management Company and Sohar Food Cluster Company LLC for setting up rice and pulses storage, processing and packaging facility at Port of Sohar.
In its annual search for the world’s best free zones, the jury from fDi Magazine, part of the UK’s Financial Times group, has awarded Oman’s SOHAR Freezone in two ‘2015 Free Zone of the Year’ categories: with one commendation for ‘Ease of Access’ and another for ‘Infrastructure Improvements’.
Over the past decade, many countries in the region have announced ambitious plans to increase their refining capacity. If implemented, these projects could turn the region into a leading hub for exports of refined products, competing not only in the crude market, but also in the more specialized products markets.