Wednesday 25 April 2018
Oman investment

Oman fund raises $600m loan for subsidiary

Oman Investment Fund (OIF) has closed the syndication of $600 million of conventional and Islamic facilities for its wholly owned subsidiary United Telecommunication Limited (UTL). The proceeds of the transaction were used towards


Oman Investment holds strategy workshop

Oman Investment & Finance Company (OIFC) conducted recently its long term strategy workshop to discuss new business ideas and initiatives for medium-long term as the company’s milestones and a platform of its future strategies.


MNCs ‘likely to invest in Oman despite cheap oil’

Regional bosses of multinational companies (MNCs) expect to invest in Oman in the coming three years despite lower oil prices, according to the latest briefing from Emerging Markets Intelligence & Research (EMIR). EMIR is a su


Oman plans $1bn investment to boost gas output

Oman plans to invest $1 billion in a field southeast of the capital to boost gas production, state-run Oman Oil Exploration and Production Company said in a statement on Sunday. "We plan to produce 90 million cu ft of gas per day from

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