Category: News

Riyadh, Saudi Arabia.
Healthcare sector leads M&A activity in Saudi Arabia

According to the Mergermarket, the world’s leading news and intelligent service for mergers and acquisitions, the healthcare sector has led Saudi M&A activity in 2015 with record-breaking deal value, a reflection of Saudi demographics.

Sohar Port’s volume surges ahead by 53%

Sohar Port said handling activity in the third quarter of 2015 grew by an annual 53 per cent to hit 142,000 twenty-foot equivalent units (TEUs), reflecting the continued growth in handling different types of goods.

Oman’s non-oil GDP grows 3.7% in first half

Gross domestic product (GDP) for non-oil sector in the first half of 2015 recorded a growth of 3.7 per cent to reach OMR8,949.0 million compared to OMR8,626.0 million in the corresponding period of 2014, official statistics showed.