Sunday 30 August 2015
 
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Oman

Oman opens floating storage facility at Mina Al Fahal

Oman Tank Terminal Company (Ottco), a subsidiary of Oman Oil Company (OOC), has launched a new floating storage facility recently, according to a report.   The 2.1 million barrel capacity facility at Mina Al Faha

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ACWA, Mitsui group secure financing for Oman power plant

A consortium including ACWA Power and Japan's Mitsui & Co has secured financing for the $630 million Salalah 2 power scheme in Oman, the Saudi Arabian company said on Thursday. The pair, along with local partner Dhofar Int

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Oman growth may slow to 2-3pc, says Moody's

Oman's economic growth is expected to slow to an average 2 per cent to 3 per cent per year until 2019 from an average 4.9 per cent between 2005 and 2014, rating agency Moody's Investors Service has said. The sultanate'

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Oman growth may slow to 2-3pc, says Moody's

Oman's economic growth is expected to slow to an average 2 per cent to 3 per cent per year until 2019 from an average 4.9 per cent between 2005 and 2014, rating agency Moody's Investors Service has said. The sultanate'

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Oman committed to currency peg

Oman is committed to maintaining the peg of its currency against the US dollar despite the drop of oil prices, central bank executive president Hamood Sangour Al-Zadjali said. "We are committed to keeping the Omani rial pegge

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Oman H1 hotel revenues top $250m

Upscale hotels in Oman saw revenues shoot up in the first six months of the year with three- to five-star hotels reporting over OR97 million ($250.9 million), said a report. Around 1.14 million visitors were recorded till the end of Jun

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Orpic calls bids for flare gas recovery project

State-owned Oman Oil Refineries & Petroleum Industries Company (Orpic) has invited bids for a multi-million dollar contract for the installation of a flare gas recovery project at the company’s Sohar refinery, a report said.

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Orpic calls bids for flare gas recovery project

State-owned Oman Oil Refineries & Petroleum Industries Company (Orpic) has invited bids for a multi-million dollar contract for the installation of a flare gas recovery project at the company’s Sohar refinery, a report said.

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Ooredoo unveils 'Charge to Mobile' service in Oman

Ooredoo has launched its new 'Charge to Mobile' service, which will allow smartphone users in Oman to buy premium apps by charging apps using their prepaid or postpaid accounts, rather than using a credit card.  

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Takeover talks for United Finance break down

Talks for a possible takeover of Oman's United Finance by Al Omaniya Financial Services have broken down and will not progress any further, the two sides said on Monday. The board of United Finance met on Sunday to discuss the

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