Category: News



ECONOMY
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Oman’s regular petrol output rises 166 per cent

The Sultanate recorded a whopping 166% year-on-year increase in the production of regular (90) petrol during the first two months of the current year with output surging to 1.03 million barrels compared with 388,100 barrels produced last year, according to the latest data released by the National Centre for Statistics and Information (NCSI).

Industry
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Majid Al Futtaim invests OMR 5 million to expand City Centre Qurum

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, today announced an additional redevelopment project for City Centre Qurum – a retail expansion worth almost OMR 5 million, to host Centrepoint, the multi-brand retail concept of Landmark Group as well as additional car parking spaces.

Banking & Finance
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Majlis Meethaq forum hosts Hussain Jawad Al Lawati

Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, hosted Hussain Jawad Al Lawati, Chairman of W.J Towell Group, at the ninth 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.