Monday 3 August 2015
 
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Sohar

Bank ABC in $250m million loan facility deal

Bahrain-based Bank ABC said it has closed a $250 million syndicated term loan facility for Bank Sohar. The three-year facility was signed on July 14 and will be used by Bank Sohar for general funding purposes, said a report in the

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Orpic, Pörner sign deal for bitumen unit

Oman Oil Refineries and Petroleum Industries Company (Orpic) has signed a deal with Austria-based Pörner Group, a leading engineering contractor, to provide proprietary Biturox technology for a bitumen production unit planned in Sohar, acco

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Omani banks sign deal on proposed merger

Oman’s Bank Sohar and Bank Dhofar have entered into a non-binding agreement on a proposed merger, the duo said, in the latest move towards consolidation in the country’s bloated banking sector. The two lenders agreed t

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LuLu opens new outlet in Sohar

LuLu Hypermarket opened a new outlet in Sohar further boosting its retail presence in Oman. The new hypermarket was officially inaugurated by Oman’s Industry and Commerce Ministry under-secretary Ahmed bin Hassan Al Dheeb in

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Oman to build industrial waste facility in Sohar

Oman’s government has approved the construction of an integrated industrial hazardous waste handling and treatment plant at Sohar in the North Al Batinah Governorate, said a top official of Oman Environmental Services Holding Company.

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Oman to build industrial waste facility in Sohar

Oman’s government has approved the construction of an integrated industrial hazardous waste handling and treatment plant at Sohar in the North Al Batinah Governorate, said a top official of Oman Environmental Services Holding Company.

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PEIE in $152m deals to develop industrial estates in Oman

Oman’s Public Establishment for Industrial Estates (PEIE) has signed deals worth RO59 million ($152.7 million) to develop the Samayil and Sohar industrial estates, according to a report. The work at the estates, which will d

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PEIE in $152m deals to develop industrial estates in Oman

Oman’s Public Establishment for Industrial Estates (PEIE) has signed deals worth RO59 million ($152.7 million) to develop the Samayil and Sohar industrial estates, according to a report. The work at the estates, which will d

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Sohar refinery project 'ahead of schedule'

Oman Oil Refineries and Petroleum Industries Company’s (Orpic) multi-billion-dollar Sohar Refinery Improvement Project (SRIP) is ahead of schedule with 41.4 per cent of EPC activities having been completed, according to a report.

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Sohar refinery project 'ahead of schedule'

Oman Oil Refineries and Petroleum Industries Company’s (Orpic) multi-billion-dollar Sohar Refinery Improvement Project (SRIP) is ahead of schedule with 41.4 per cent of EPC activities having been completed, according to a report.

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