Oman Oil Company Exploration & Production (OOCEP) has announced the successful signing of a $1bn loan facility to fund its continued growth and expansion. The new financing agreement is structured as a crude oil pre-export facility with a tenor of five years and contains an accordion option to allow additional funding of $500mn if required. […]
Muriya’s flagship destination, Hawana Salalah, and Dhofar’s only Integrated Tourism Complex (ITC), sold out Phase I of its new residential project, Lagoons, in just four weeks during its soft launch this August. Phase II of the Lagoons Project has just been launched with a range of freehold properties starting at RO28,000, entitling non-Omani buyers to […]
Muhammed Nafie visits Millennium Resort Mussanah for a weekend retreat and comes back falling in love with its stunning location, striking views and stupendous stay Photo: Rajesh Rajan Looking for an idyllic weekend getaway in the outskirts of Muscat where you will be lulled by the undulating waves while enjoying the unobstructed views of majestic […]
Oman’s average annual inflation based on consumer price index (CPI) during January- March 2017 period stood at 2.33 per cent mainly due to revision in fuel prices, transport costs, education and other user fees, according to the monthly report released by the Central Bank of Oman. The financial position of the banks in Oman in […]
The Porsche Macan has outstanding sporting comfort and everyday usability. Oommen John P test drives the SUV Sporty and versatile, the Porsche Macan is one of the most exciting and fun-to-drive SUVs. The new Macan boasts the typical sporty handling characteristics that have become synonymous with the Porsche brand. Many of the design and performance […]
Alfardan Motors, the official importer of Maserati in the Sultanate, has announced the arrival of the first Maserati Levante in Muscat for client test drives. The Levante offers the ultimate luxury drive for Oman, from unique on-road drivability for the streets of Muscat to competitive off-road capability for the mountainous terrain of Al Hajar. Following […]
Lincoln’s new MKX surprises with its state-of-the-art styling and power-packed performance. An OER review
The Audi museum mobile is presenting 12 coupés dating from the 1930s to the present, in an exhibition titled “Dynamic Sculpture – the Tradition of Sportiness and Elegance at Audi.” The new special show will run from May 3 to September 18. Its thematic focus is on the special coupé body form and its origins.
Open-top driving fun in the world’s only premium convertible in the small car segment has advanced to the next stage. The new MINI Convertible is now on sale in showrooms acorss the Middle East.