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Diversification efforts take centre stage in 2018 report on Oman

Oxford Business Group launches new publication on sultanate’s economy Oman’s efforts to broaden its economic base by channelling investment into sectors identified as ripe for development are given wide-ranging analysis in a new report just produced by the global research and consultancy firm Oxford Business Group (OBG).  The Report: Oman 2018 shines a spotlight on […]

FEB 18

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BP Oman
BP Oman awards RO66mn ICV contracts for Khazzan

As many as fifteen Omani companies were recognised for their contribution to delivering gas to Oman through the Khazzan development at an In Country Value (ICV) networking event held at BP Oman’s Muscat headquarters on February 19. The companies were awarded contracts by BP Oman with a total value of OMR66 million during the second […]

Investment applications in industrial estates grows by 25 per cent

Investment applications in various industrial estates of the Public Establishment for Industrial Estates (PEIE) grows by 25 per cent to 76 applications in January 2018 compared to 61 applications during the same period in 2017.  The highest number of investment applications was recorded in Raysut Industrial Estate with 14 applications, followed by 12 applications in […]

Private sector creates 10,000 jobs for locals in two months

The Ministry of Manpower (MoM) has said that 10,342 male and female citizens were appointed in private sector establishments from December 3, 2017 to February 12, 2018. This is in continuation of the efforts exerted by all government and private institutions to provide opportunities for job seekers as approved by the Council of Ministers, the […]

OFM names Mehlo as GM of Sohar Flour Mills

Oman Flour Mills Co (OFM) announced the appointment of Endrik Mehlo as the general manger of Sohar Flour Mills which is a 60 per cent subsidiary of OFM. ‘Endrik Mehlo, chief operating officer of OFM, will be joining Sohar Flour Mills as its general manager from March 1’, OFM said in a filing to the […]

Tender Board
Tenders worth RO54mn approved

The Tender Board on Wednesday held its 1st meeting for 2018 under the chairmanship of Dr Rasheed bin Al Safi al Huraibi, Chairman of the Tender Board. The Board approved RO 54,851,471 million worth tenders and additional works for the following development projects: Establishing the Building the Civil Service Employees Pension Fund at Airport Heights […]

ODB finances 681 educational institutions

The Oman Development Bank (ODB) financed more than 681 private educational institutions between 2009 and 2018 with a total value of RO 20.796 million, as part of its efforts for educational development in the Sultanate and to promote investment in the private education sector, and support the government in the development of the education sector […]

OAB - Thawani (2)
OAB, Thawani Technologies sign partnership agreement

Oman Arab Bank (OAB) and Thawani Technologies have entered into a partnership agreement under which OAB will function as the banking partner of the Thawani platform, an innovative e-payment solution. The signing ceremony saw the presence of Rashad Al Musafir, Acting CEO of OAB, representing the Bank, and Majid bin Fayil Al Amri, Founder and […]

Spotlight LittleIndia
Making a difference

Pradeep Kumar Nair, Managing Director of ‘ Little India’, the first Integrated Tourism Complex to come up in Duqm and CEO of Sebacic Oman, talks about his investment plans and projects in Oman. Excerpts from an interview   You have recently signed an agreement with SEZAD for developing an Integrated Tourism Complex (ITC) under the […]