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14 Feb 2011 - 10 Jun 2021
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BUSINESS NEWS
Digitalisation boosting efficiencies in Oman’s oil and gas sector
Muscat - 
As the oil and gas industry is facing intense pressure to improve operational efficiencies amid weak crude prices, major oil and gas firms around the world are increasingly adopting advanced digital technologies and big data analytics to better understand the potential in reservoirs and production, improve health and safety and boost efficiencies to improve their margins.
Omantel seeks bridge loan financing for acquisition of Zain Group stake
Muscat - 
Omantel is planning to finance the acquisition of a minority stake in Zain Group with a bridge loan facility, the company said on Wednesday.
Voltamp Energy bags RO34mn contracts from Qatar’s Kahramaa
Muscat - 
Voltamp Energy Company on Tuesday announced that its subsidiary Voltamp Oman Transformer Company has been awarded two contracts worth RO34mn for supplying electric transformers to Qatar General Electricity & Water Corporation (Kahramaa).
IMF to hold regional conference on promoting higher economic growth in Arab world
Muscat - 
The International Monetary Fund (IMF), Arab Monetary Fund (AMF), Arab Fund for Economic and Social Development (AFESD) and the government of Morocco will co-host a high-level conference in Marrakesh during January 29–30, 2018 on promoting higher economic growth, job creation, and inclusiveness in the Arab world.
CBO issues treasury bills worth RO35mn
Muscat - 
A tender of the government treasury bills, issue number 464, was held at the Central Bank of Oman (CBO). The total value of the allotted treasury bills amounted to RO35mn, for a maturity period of 91 days (from Wednesday until November 22).
TBY meets H E Sunaidy
Muscat - 
The Business Year (TBY) recently met H E Dr Ali Masoud al Sunaidy, Minister of Commerce and Industry, to discuss the sultanate’s current milestones and the preparations being made by the ministry for 2018.
Radisson Blu Hotels in Oman appoint new cluster general manager
Muscat - 
Radisson Blu Hotel, Muscat and Radisson Blu Hotel, Sohar announced the appointment of Tobias Ammon as the new cluster general manager.
Park Inn Duqm wins ‘Modern Luxury Hotel of the Year’ award
Muscat - 
Park Inn by Radisson Hotel & Residence Duqm won the Luxury Travel Guide’s ‘Modern Luxury Hotel of the Year 2017’ award and ‘Manager of the Year Oman’ award for Nuno Neves, cluster general manager of Park Inn hotels in Oman.
MORE NEWS
Oman’s nominal GDP jumps 13% in Q1
Oman’s budget deficit narrows by 30% in H1
Takaful Oman expands branch network with a new branch in Al Khuwair
Symtech Solar MENA appoints new chief technical officer
Huge appetite for Oman’s debt in global markets, says Standard Chartered
CBO launches RO150mn govt development bonds
Bank Sohar holds extraordinary general meeting
Masdar awards EPC contract for 50MW Dhofar wind farm
Al Ahlia shares rise 6 per cent on first day
Oman’s water subsidy bill rises 3% to RO186mn in 2016, says PAEW
Omantel’s acquisition of stake in Zain Group is credit positive: Moody’s
Kuwait Airways appoints new regional director
BankDhofar launches ‘Go Green’ initiative
Omani businessman named among top 10 entrepreneurs in the GCC
CBO gives approval for merger between National Finance and Oman Orix Leasing
Third BIZZ Awards ceremony to be held in Dubai
Salalah Port’s profit falls on weak volumes and higher taxes
PDO and Oman LNG sign collaboration agreement
MOST POPULAR STORIES
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Eid al Adha on September 1
New baggage rule: Airlines, travel agents circulate information
90-92mn years old tooth of marine dinosaur discovered in Oman
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