Sunday 31 August 2014
 
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Al Suwadi Power

Omani power firms set to double profits after IPO

Oman's Al Batinah Power Co and Al Suwadi Power Co, which launched twin initial public share offers on Sunday and are owned by the same consortium, will double their profits from 2014 to 2018 as they pay off start-up costs, a top executive sa

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Omani power companies launch major IPO

Two Omani electricity-generating companies Al Batinah Power and Al Suwadi Power have launched their RO62.7 million ($162.9 million) IPO offering 35 per cent of the shares for sale to both retail and institutional investors. Al Bat

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Omani power companies launch major IPO

Two Omani electricity-generating companies Al Batinah Power and Al Suwadi Power have launched their RO62.7 million ($162.9 million) IPO offering 35 per cent of the shares for sale to both retail and institutional investors. Al Bat

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