Tag: Oman Business News
Oman’s KR Group joins with Asyad Drydock to build marine vessels
Oman’s leading corporate house Khimji Ramdas (KR) Group has teamed with Asyad Drydock to build vessels in the new shipbuilding and repairs facility in...
Oman’s SOHAR port boosts production capacity by 14%
SOHAR Port, one of the fastest-growing ports in the world, has revealed that it has increased its production capacity by 14 percent (18 million...
Oman’s Madayn merges its 3 main units into one entity
Oman’s Public Establishment for Industrial Estates Madayn has revealed that its board of directors decided to merge the company's core sections, the Industrial Innovation...
Oman’s cost-cutting steps helped to lower public spending by 2.1% in...
Actual revenues accumulated by the Omani government in 2020 have touched $22.09 billion, a 20.5 percent decline from estimates for the year. However, the...
Oman’s OIFC & Simpa Marketing Research unite to improve customer services
Oman-based leading Investment and Services firm Oman Investment & Finance Company (OIFC), also know as Khedmah, has signed an agreement with the region’s first...
Oman inks MoU with India to boost the mining sector
Oman's Ministry of Energy and Minerals (MEM) has signed a memorandum of understanding (MoU) with the Indian Rare Earths Limited (IREL) to solidify collaboration...
Oman forms national hydrogen alliance to accelerate energy transition
Oman's Ministry of Energy and Minerals has entered into an agreement with 13 institutions to establish a national hydrogen alliance in order to...
Oman’s OQ sells 12% stake in Portuguese utility firm REN
Oman's leading global integrated energy company OQ’s wholly-owned subsidiary Mazoon BV has sold its 12 percent share in a Portuguese utility firm Redes Energeticas...
