Category: News

Oman Oil Marketing Company - Lubricant Expansion (1)
Oman Oil Marketing Company Launches Lubricants In East Africa

  As part of its strategy to increase the exportation of Oman Oil Marketing Lubricants internationally, the company has signed an agreement with Hass Petroleum Group, one of East Africa’s leading oil marketing companies, to start selling its lubricants in Kenya. In line with the partnership, which was signed by David Kalife, Oman Oil Marketing […]

Spring Forward 4
Ooredoo launches new leadership development programme, ‘Spring Forward’

Under the patronage of HE Sayed Salim Musalim Al Busaidi – Undersecretary of the Ministry of Civil Service for Administrative Affairs and Development, Ooredoo announced the launch of the first wave of participants from a new development program, ‘Spring Forward’, during a press conference at the Grand Millennium. Following the success of Springboard, which was […]

SV Pittie Sohar Textile lays the foundation stone of training centre

S V Pittie Sohar Textiles (FZC) held the foundation laying ceremony for a training centre at its site in Sohar Free Zone on Thursday, under the auspices of HE Sultan Salim Al-Habsi, Deputy Chairman of the Board of Governors, Central Bank of Oman. The company’s Board of Directors, ministry officials, key stakeholders, senior management and staff were […]

Oman Airports to Implement Fees on some Manually Handled Tools

Oman Airports will impose fees on specific manually handled luggage at Muscat International Airport and Salalah Airport with effect from July 15th 2018. The procedure comes in a bid to reduce the number of luggage that cannot be handled through the luggage handling system due to their size, weight or quality which may suffer loss […]

Bank Nizwa - Home Finance
Bank Nizwa Unveils 5.25% Property Finance Rate

Determined to offer customers an unparalleled banking experience, Bank Nizwa introduced its new reduced profit rate of 5.25% for ready property financing. Customers opting for the competitive rate will be able to purchase their property of choice under the principles of Ijara financing. The bank’s Shari’a-compliant instruments deliver the ultimate sense of comfort that offers […]

OCEC - ISO Certification 2018 FINAL - Copy
Oman Convention & Exhibition Centre awarded ISO Certification

Oman Convention & Exhibition Centre (OCEC), the new landmark venue and emerging business hub being developed by Oman Tourism Development Company (OMRAN), has gone the extra mile to bring business events to greater heights. The state-of-the-art venue is glad to announce that they have successfully been awarded with the ISO Certification 9001:2015 for the management […]

Oman to resume copper production after 14 years
Oman to resume copper production after 14 years

Oman is resuming its copper production after a gap of 14 years, with the launch of a copper mining project in the wilayat of Mudhaibi by Al Hadeetha copper project. Oman had stopped the exploration and production of copper in 2004. Eng Hilal bin Mohammed al Busaidi, CEO Public Authority for Mining (PAM), apex body […]

Banks post 7.7 per cent credit growth till April 2018

The Sultanate’s financial institutions, including Islamic banks, have achieved a robust credit growth in the first four months of this year. The Omani banks, which include Islamic banks, have achieved a year-on-year growth of 7.7 per cent in total credit at OMR24.13 billion by the end of April 2018. The average interest rate on total […]

Oman LNG
Social investment

Oman LNG, which allocates 1.5 per cent of its net income after tax to various social investment and sustainable programmes, celebrates the third anniversary of its CSR arm, Oman LNG Development Foundation Oman LNG celebrated the third anniversary of the establishment of Oman LNG Development Foundation (ODF). The first of July marks the start of the foundation’s […]

Muscat Grand Mall Visitors Increase by 20%

Muscat Grand Mall (MGM), one of the leading shopping destinations in Oman, has announced a significant increase in the number of visitors this year as compared to the previous year. The e-system for tracking visitors’ numbers recorded an increase of 20% by the end of March 2018, compared to the same period last year. Hassan […]