Deepa Rajan
Sohar International rights issue oversubscribed; Tier 1 capital raised by OMR40m
Sohar International recently announced the successful closure of its rights issue with an oversubscription. This raises its Tier 1 capital by OMR 40m.
In spite...
OAB becomes the first bank in Oman to be an ICAEW Authorised Training Employer
Oman Arab Bank (OAB) has added yet another feather to its cap by becoming the first bank in Oman to be recognised as an...
First polyethylene pipe factory launched in Oman’s Duqm SEZ
Duqm Hongtong Pipes Company, a Chinese-Omani partnership, held the ground-breaking ceremony of the Sultanate’s first factory for manufacturing Reinforced Thermopolyethlene Pipes at the Special...
Port of Salalah reaches new productivity milestone in region
The Port of Salalah recently recorded the highest productivity delivered by any port in the region till date.
It recorded 412.97 Port Moves per Hour...
No-deal Brexit planning to cost extra £2.1 billion
Britain has announced that it is going to pump in an extra £2.1 billion of funding to get ready for a no-deal Brexit. This...
BAHRAIN AWS region to accelerate digital transformation of Middle East
Amazon Web Services (AWS) has brought the world one more step closer to the Middle East with the launch of its Bahrain AWS region....