Category: News

Wastewater service deals worth RO17m signed

The Salalah Wastewater Services Company on Thursday signed three wastewater service agreements worth some OMR17 million. The agreements were signed by Advisor Abdullah bin Aqeel Al Ibrahim, Acting Dhofar Deputy Governor and Chairman of Salalah Wastewater Services Company, and the contractors. The first agreement, worth OMR2.9 million, is related to expanding the sanitary drainage network […]

real estate oman
Real estate deals in Oman rise by 4.2 per cent in April

Recovery continues on the real estate market in the Sultanate with sales showing a robust growth in the first four months of 2018, compared to the same period of last year. Reflecting the market trend, the total value of property transactions in Oman during January-April period of 2018 increased by 4.2 per cent to OMR1.01 […]

Oxy Oman signs contracts with two local firms

Occidental Oman (Oxy Oman) has signed two oil field service contracts with local Omani companies as part of its in-country value (ICV) strategy that aims to maximise the company’s contribution to social and sustainable economic development in the country. The signing ceremony was held at Oxy Oman headquarters in Al Ghubra. Stephen Kelly, President and […]

Omani Rial
NCSI to conduct FDI survey in Oman

  The National Centre for Statistics and Information (NCSI) will conduct on Sunday its annual comprehensive survey of foreign direct investment (FDI) in Oman during the financial year ended 2017. This is to develop an accurate database to help decision-makers. It will not only help in the planning process, but will also play a major […]

Banking & Finance
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 […]

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). […]

Revolutionary Tool to Measure Social Media Influencer Campaigns

Influential, the leading A.I. influencer technology and Social Intelligence firm, announced it is working with Oracle’s Moat, a SaaS analytics measurement provider for marketers and publishers that is part of the Oracle Data Cloud, to deliver viewability and attention metrics on Influential’s platform. The collaboration incorporates Moat’s viewability and attention metrics with Influential’s social media […]

First live 5G network in the world (PRNewsfoto/Ooredoo)
Ooredoo First In The World to Launch 5G Commercial Network

  Ooredoo has announced that the company is the first operator in the world to launch a live 5G network on the 3.5GHz spectrum band. The breakthrough announcement was made in an event attended by Ooredoo senior management at the Ooredoo Tower in West Bay. Attendees were also briefed on the first Ooredoo 5G site […]

Agreement signing - H.E. Eng. Mohsin Al Shaikh & David Kalife
Oman Oil Marketing Company To Provide Fuel For Municipality Fleet

  Oman Oil Marketing Company signed a five-year contract with Muscat Municipality to supply fuel for its fleet of vehicles using the company’s E-Fill and Ejaba service.  The agreement, which was signed by H.E. Eng. Mohsin Al Shaikh, Chairman of Muscat Municipality and Oman Oil Marketing Company CEO David Kalife, utilizes the latest technology to […]

NBO New HQ 5
National Bank Of Oman Launches Cashback Campaign

  In the spirit of the Holy Month of Ramadan, the National Bank of Oman (NBO) launched a ‘CashBack’ campaign to reward NBO cardholders for everyday purchases. For minimum purchase of OMR 5, customers are automatically entered to a daily draw to win up to OMR 100. The rewarded amount will be transferred to the […]