Category: Manufacturing

Salalah Methanol seeks $720mn loan from banks

Oman’s Salalah Methanol Co. has asked banks for a $720 million syndicated loan that the state-run petrochemical company would use for a new ammonia plant and refinancing purposes, banking sources said. Bank Dhofar and Standard Chartered are advising the company on the financing, which is expected to have a 12-year maturity. Banks are expected to […]


Oman Cables Industry acts as a responsible corporate citizens in compliance with the environmental norms. The company has energy and material saving programmes as well as reusing and recycling initiatives, says CEO, Gert Hoefman Oman Cables Industry has always been at the forefront of the implementation of in-country value (ICV), corporate social responsibility (CSR) and […]

Octal Petrochemicals FZC
 Prioritising sustainable growth  

OCTAL Oman’s social investments, professional development programmes and innovative technologies are aimed at spurring socio-economic development, says  Ahmed Al Najjar, Director of Government Affairs  Since its inception, OCTAL Oman has worked tirelessly to provide local communities with sustainable benefits through job creation and essential skills training. The company believes that its role as an Omani […]

Setting new benchmarks

Vale Oman has contributed to fostering the social and economic development of the territories where it operates by investing in sustainable and long-lasting projects  Vale has sought to build relationships and bonds with its stakeholders from an inclusive approach that seeks to understand deeply the realities of the territory where it operates. It means bringing […]

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.