BUSINESS NEWS

Oman’s August oil output crosses 30mn barrels mark

Oman’s August oil output crosses 30mn barrels mark
Muscat - 

Oman produced 30.08mn barrels of crude oil and condensate during August 2019, recording a daily average production of 970,305 barrels, according to the monthly report published by the Ministry of Oil and Gas.

CBO hosts meeting of GCC central banks

CBO hosts meeting of GCC central banks
Muscat - 

H E Tahir bin Salim bin Abdullah al Amri, executive president of the Central Bank of Oman (CBO), chaired the 73rd meeting of the GCC Committee of Governors of Monetary Institutions and Central Banks on Thursday in Muscat.

 OOMCO, Marafi sign deal for bunker services at PSQ

 OOMCO, Marafi sign deal for bunker services at PSQ
Muscat - 

Expanding its services across the sultanate, Oman Oil Marketing Company (OOMCO) has signed a long-term agreement with Marafi, port management arm of ASYAD Group, to provide bunker fuel services at the port berths and anchorage areas of the Port Sultan Qaboos (PSQ). 

OBA organises IIFM awareness seminar

OBA organises IIFM awareness seminar
Muscat - 

The Oman Banks Association (OBA), co-hosted the International Islamic Financial Market (IIFM) awareness seminar along with the Central Bank of Oman (CBO) on Wednesday. 

Madayn organises 3-day promotional campaign in China

Muscat - 

The Public Establishment for Industrial Estates  (Madayn) will conclude a three-day promotional campaign in Guangzhou, China today.

Khazaen announces first Omani SME investor

Khazaen announces first Omani SME investor

Muscat - 

Khazaen Economic City LLC (KEC), the master developer of the largest public-private partnership project in the sultanate, has signed an agreement making Dar Al-Arkan Development Company LLC the first local tenant of the economic city.

Bahrain to host Arab Businessmen and Investors Conference in November

Bahrain to host Arab Businessmen and Investors Conference in November

Muscat - 

Bahrain has been chosen as the destination for the 18th Arab Businessmen and Investors Conference (ABIC) and the third edition of the World Entrepreneurs Investment Forum 2019 (WEIF 2019).

Oman Shell appoints new country chairman

Oman Shell appoints new country chairman

Muscat - 

Shell Development Oman (SDO) announced the appointment of Walid Hadi as the new Oman Shell country chairman.

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    The journey of ROHM

    From a link to the West and its historical tradition of lyrical opera to an entryway to the East and a potential new musical identity. It’s the ambitious journey of the Royal Opera House Muscat (ROHM), that yesterday launched its eighth season with Georges Bizet’s masterpiece, Carmen.