Oman and Japan have agreed to set up a joint $400 million fund that will invest in food and agribusiness industries, Omani officials said in a recent statement.
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.
As the nation celebrates the 45th National Day, BankDhofar has launched a digital competition that provides a platform for the public to express their love for His Majesty Sultan Qaboos bin Said through creative designs and arts work.
Dubai Mercantile Exchange (DME) has announced that Singapore-headquartered OCBC Bank has become the latest global banking institution to receive approval for issuing Letters of Credit (LCs) for trading on the Exchange.
National Bank of Oman today announced that it was named Best Trade Finance Bank in the Sultanate of Oman 2015 during the Third Annual Middle East and Africa Awards Ceremony. The ceremony was held at the Park Hyatt, Saadiyat Island in Abu Dhabi on October 6th 2015.
Frankfurt, Germany, is set to become one of the first destinations for Oman Air’s iconic new Boeing 787 Dreamliners when they enter service this autumn. Oman Air’s Chief Executive Officer, Paul Gregorowitsch, has announced that the aircraft will begin flying daily between Muscat and Frankfurt from October 25th 2015.
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.
In further recognition of its excellence and pioneering of nationwide business initiatives, BankDhofar has been awarded the “OER Top 20 Oman’s Largest Corporates” at the annual ‘OER Finance Summit & Top 20 Awards’ that was organised by United Media Services (UMS).
The importance of social media and the opportunities it provides for businesses in the sultanate was the topic of the Oman American Business Center’s (OABC) latest panel discussion, “The Business of Social Media”, moderated by popular radio presenter and blogger Rumaitha Al-Busaidi was held at the Grand Hyatt Muscat.
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).