Oman
Oman’s PDO Receives $4 Billion Loan To Finance Oil, Gas Facilities
MUSCAT: Petroleum Development Oman (PDO), the country's top oil and gas E&P company, has obtained a $4 billion loan from...
Private wealth in Oman is expected to reach $0.4 trillion in 2020
MUSCAT: By 2020, private wealth in Oman will rise from $0.3 trillion to $0.4 trillion, according to a new report...
Brexit won’t hit Oman exports – but a weaker pound might
MUSCAT: Oman’s exports will not be affected by Brexit, but a weaker pound could create a challenging scenario for the...
Oman issues treasury bills worth OMR20m
MUSCAT: A tender of Government Treasury Bills, issue number 563, was held at the Central Bank of Oman (CBO) this...
Oman’s OFIC signs agreement on food security projects
MUSCAT: Oman Food Investment Holding Company (OFIC) and Arab Authority for Agricultural Investment and Development (AAAID) signed a memorandum of...
Oman Air wants 36% increase in bilateral flying rights from India
MUSCAT: Muscat-based Oman Air is seeking an over 36% increase in bilateral flying rights from India as it seeks to...
Oman share index remains flat
MUSCAT: The MSM30 Index remained little changed at 5,788.73 points, up 0.01 per cent. The MSM Sharia Index also stayed...
Central Bank of Oman meeting reviews several important issues
MUSCAT: The economic and financial report up to March 31, 2016, as well as the activity report of CBO’s departments...
Oman’s crude oil production rises marginally in May
MUSCAT: Oman's total crude oil and condensates production during May 2016 stood at 30.10 million barrels, a daily average of...
Muscat Finance plans to raise OMR5m from bond issue
MUSCAT: Muscat Finance, one of the leading leasing and hire purchase companies listed on the Muscat Securities Market (MSM), plans...
Oman issues treasury bills worth OMR55m
MUSCAT: A tender of Government Treasury Bills, issue number 445, was held at the Central Bank of Oman (CBO) this...
Oman stock market trading volumes fall
MUSCAT: Trading volumes on the Muscat Securities Market (MSM) this month is showing a declining trend as investors keep away...
Omantel builds advanced network to improve national weather forecasting
MUSCAT: Oman Telecommunications Company (Omantel), the Sultanate’s leading provider of integrated telecommunication services, has joined hands with the Public Authority...
Oman sells $2.5 bln in international bonds
MUSCAT: For the first time in 20 years, Oman has sold international bonds in order to stop the effects of...
Oman raises $2.5b from first foreign bond since 1997
MUSCAT: Oman, the largest Arab oil producer that’s not an Opec member, raised $2.5 billion from its first international bond...
Oman establishes holding firm to invest in logistics sector
MUSCAT: Oman government on Wednesday said that it is establishing a holding company, Oman Global Logistics Group SAOC, to invest...
Revenue of star hotels in Oman drops 8% to OMR53m in Q1
MUSCAT: Revenues of star hotels in Oman fell 8 per cent to OMR52.98 million in the first quarter of 2016,...
Orpic investing $320m for building Muscat-Sohar product pipeline
MUSCAT: State-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) is investing $320 million for building a 290 kilometre-long pipeline...
Petroleum Development Oman to borrow $3.4 bln
MUSCAT: Majority state-owned Petroleum Development Oman (PDO) has confirmed that it is in talks to borrow $3.4 billion from an...
Oman’s commercial banks credit grows 9% in Q1
MUSCAT: The value of credit of commercial banks in the Sultanate stood at OMR19.05 million at the end of the...
