Category: Manufacturing

MSM New IPOs in 2015 Cross RO1.3 Billion

During 2015, Muscat Securities Muscat (MSM) witnessed 58 initial public offerings, some of them are new IPOs and others are capital increments through stock dividend or private placement or preferential shares.

Sohar Aluminium, Majis sign pact for supply of process water

Sohar Aluminium Company LLC (SA) and Majis Industrial Services Company SAOC (Majis) have recently signed a 5-year agreement to supply 2,500 cubic metres per day of process water from SA’s Power Plant to Majis to be used by industrial companies within the Sohar Port and Free Zone Areas for industrial purposes.

Sohar Port’s volume surges ahead by 53%

Sohar Port said handling activity in the third quarter of 2015 grew by an annual 53 per cent to hit 142,000 twenty-foot equivalent units (TEUs), reflecting the continued growth in handling different types of goods.

conducting georadar measurements
GUtech Geoscientist received TRC National Research Award

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 hosts Minister of Agriculture & Fisheries
Majlis Meethaq forum hosts Minister of Agriculture & Fisheries

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.