Category: INDUSTRY



Auto
Automotive
Ushering in a new sensibility

David Aziz, CEO-Automotive Products, Mohsin Haider Darwish is confident that the company’s new facility for Jaguar Land Rover will lead to a quantum leap in customer service and satisfaction. Mayank Singh reports     You are rebuilding and remodelling the Jaguar Land Rover showroom in Muscat presently. What is the idea behind this revamp? This […]

Auto
Cadillac CT6 V-Sport
Cadillac Introduces First-Ever Twin-Turbo V-8 Engine

Cadillac begins a new chapter in its high-performance legacy with the introduction of the brand’s first-ever twin-turbo V-8 engine. Set to be available in the Middle East by 2019, the new engine will be the centerpiece of the new CT6 V-Sport, an engaging sports sedan infused with DNA of Cadillac’s world-renowned motorsports program. Developed as […]

Auto
Mille Miglia
Alfa Romeo Triumphs at the 2018 Mille Miglia

1928 was the year of Alfa Romeo’s first win at the Mille Miglia, and 2018 has seen a record-breaking edition with 450 teams competing and Alfa Romeo cars taking the top three places – confirmation of the brand’s unbreakable bond with “the most beautiful race in the world”. Alfa Romeo played a key role in […]

Industry
Image source: Pixabay
Saudi Court Orders Mining Company to Over $10 Million to Chinese Company

The Jeddah Enforcement Court has ordered a Saudi gold mining company to pay over 10 million dollars (SAR 38 million) of financial dues to a Chinese mining company.   The execution writ was based on an arbitral award issued by an international Chinese arbitration committee. The enforcement is based on Article 12 of the Enforcement […]

Banking & Finance
NBO - Muzn Privileged Banking Launch
Muzn Islamic Banking Launches Dedicated Privilege Banking

Muzn Islamic Banking, the Islamic Banking window of National Bank of Oman, has launched a Privileged Banking service which offers exclusive Shari’a compliant financial solutions that address the banking, investment, and lifestyle needs of our customers. Nasser Salim Said Al Rashdi, Chief Commercial Banking Officer of the National Bank of Oman, said: “Muzn’s Privilege Banking […]

Auto
Dhofar Automotive Showcases Prominent Models at Muscat City Centre

Dhofar Automotive, the official distributor of Chrysler, Jeep, Dodge, and RAM Vehicles in Oman, recently put its most prominent models on display at Muscat City Centre. The display, which was present at the main lobby area from May 13 to 29, offered customers and fans the perfect opportunity to better understand the capabilities of these […]

Banking & Finance
CBO
Private deposits in commercial banks rise to RO12.55bn

Private deposits at commercial banks in the Sultanate at the end of February 2018 rose 0.85 per cent to OMR12.55 billion, compared to OMR12.45 billion in the corresponding period last year, according to a monthly bulletin published by the Central Bank of Oman (CBO). The gross value for these deposits, as of the end of […]

Energy
Vinodkumar Raghothamarao, Director Consulting, Energy Wide Perspectives & Strategy, IHS Markit EMEA
What does BlockChain hold for the Energy Industry?

Oil and Gas companies operate in dynamic and complex environments, where they face constant challenges especially in terms of supply and demand. Now with the oil prices at historic lows, the time has come to evaluate and adapt new technology. When the price of crude oil is low, the high cost of upstream oil exploration […]

News
Oil oman
Oman’s crude oil production hits 29mn barrels

  The Sultanate’s production of crude oil and condensate in April 2018 reached 29,032,500 barrels, with a daily average of 967,750 barrels. Total exports of Oman Crude Oil in April 2018 reached 25,893,927 barrels, with a daily average of 863,131 barrels, according to the monthly report issued by the Ministry of Oil and Gas (MoG). […]

Health Care
KPMG LLP (PRNewsfoto/KPMG LLP)
KPMG Collaborates With Oracle To Enhance Healthcare Cloud Solutions

KPMG, a platinum and Global Cloud Elite member of the Oracle PartnerNetwork (OPN) Cloud program, has developed a unique solution in the healthcare industry to enable clients to move their finance, human resources and supply chain functions to the Oracle Cloud. “Powered Healthcare” is a healthcare version of KPMG’s Powered Enterprise solution.  Oracle is leveraging the experience […]