Tag: economy
Khazaen Dry Port, Tanuf Ink Agreement to Provide Logistics Services
Khazaen Dry Port (KDP), an affiliate of Asyad Group, signed a new service agreement with the National Mineral Water Company (Tanuf) to provide storage,...
Value of Investment Opportunities in Converting Industries Sector Stands at RO122 Million
The Ministry of Commerce, Industry and Investment Promotion pointed out that there are a number of investment opportunities available in the converting industries sector,...
Bloom Hawana Salalah Festival to Be Launched on July 27, 2023
The Ministry of Heritage and Tourism along with Taiseer Platform, government institutions and private sector establishments will organise the first edition of 'Bloom Hawana...
OQGN Signs Financing Facilities Worth US$1.2 billion
OQ Gas Networks (OQGN), the exclusive operator of the natural gas transportation network in Oman, has signed three financing agreements with local and regional...
Bank Muscat Posts Net Profit of RO104.32 million
Bank Muscat, announced its preliminary unaudited results for the six months ended 30th June 2023. The bank posted a net profit of RO104.32 million...
Fireside Chat with H.E. Pankaj Khimji at OER Business Summit 2023
His Excellency Pankaj Kanaksi Khimji, Adviser, Foreign Trade and International Cooperation, Ministry of Commerce, Industry and Investment Promotion talks about initiatives being taken by...
Tender Board Awards Projects Worth RO 68 Million
Oman's Tender Board awarded infrastructure projects and development tasks worth RO68mn at its 4th meeting of the year held under the Chairmanship of HE Dr....
Oman’s Oil Exports Reach 128.07 Million Barrels in May 2023
Muscat: The Sultanate of Oman’s total exports by the end of May 2023 stood at 128,070,300 barrels with an average oil barrel price of...
Oman’s Finance and Economic Ministries Gear Up for 2024 Fiscal Budget Estimates
Muscat: The Ministry of Finance and the Ministry of Economy have issued Financial Circular No. (1/2023) on rules for preparing 2024 budget estimates.
The step...
Oman Invites Bids for Seven Mining Blocks
The Ministry of Energy and Minerals has announced a tender offering seven mining blocks for investment in 2023. The mines are spread across Dhofar,...