Tag: Oman Business News
Islamic Insurance company Takaful Oman raises its capital by $16mn
Takaful Oman, the first fully-fledged Islamic insurance (Takaful) provider in Oman, has completed its $16 million rights issue.
Earlier, through the rights issue, the company...
Oman’s PhazeRo collaborates with Microsoft to accelerate Innovation
Omani software consulting firm PhazeRo has signed a Memorandum of Understanding (MoU) with American multinational technology corporation Microsoft to drive innovation and digital transformation...
Oman’s OPWPC eyes projects worth over $1bn in renewable energy &...
Oman Power and Water Procurement Company’s (OPWPC) CEO Mr. Yaqub bin Saif Al-Kiyumi has stated that the company is planning to attract investments of...
OMRAN invites bids to build multi-phase tourism complex in South Sharqiyah
Oman Tourism Development Company (OMRAN) has invited bids to establish a tourism complex in South Sharqiyah as part of its mission to develop tourism...
Oman’s International Seafood Company signs deal to construct fish canning plant
International Seafood Company, a subsidiary of Fisheries Development Oman (FDO), has inked a construction contract in order to establish a complex for canning tuna,...
OMINVEST bags ‘Excellence in Investment’ award at New Age Banking Summit
Oman International Development and Investment Company (OMINVEST) has received the ‘Excellence in Investment’ award at the seventh edition of the ‘New Age Banking Summit’.
The...
Oman’s Al Maha Ceramics acquires 45% stake in Al Hael Ceramics...
Al Maha Ceramics Company, one of the largest floor wall floor tiles producing companies in Oman, has signed an agreement to purchase a 45...
Oman’s OQ & Madayn unite to set up plastics park in...
Oman's leading global integrated energy company OQ and the Public Establishment for Industrial Estates (Madayn) have signed a Memorandum of Understanding (MoU) to set...