Oman denies report of the establishment of a new airline

Earlier, it was reported that a new airline will be formed to take over Oman Air’s domestic operations

New Omani airline to take over Oman Air’s domestic ops

Oman Air will focus on the global market where it competes against the likes of Emirates and Etihad

Oman to develop its first medical city for OMR479 mn

The city will be built in the Barka region and in four different phases

Vodafone signs MoU with ministry to begin operations in Oman

Vodafone will become the third telecom service provider in Oman after Omantel and Ooredoo Oman

Oman’s net foreign assets increase by OMR990 mn in 2018

Increase in petroleum prices and exports are some of the major contributors to the rise in foreign assets

Oman raises $3 billion through international bonds

The 5 year bonds and 10 year bonds received orders worth $14 billion from the investors

Oman’s Dhofar wind farm to begin operations by 2019 end

The project is expected to offset 110,000 tonnes of carbon dioxide emissions every year

HitecVision, Oman’s Petrogas to buy Total’s British oilfields for $635 mn

The portfolio includes Total’s oilfields in Dumbarton, Balloch, Lochranza, Drumtochty, Flyndre and Affleck

Iraq to export crude to Oman; Arab nations to start shared refinery

Under the terms of a new MoU, Iraq will export crude to Oman and set-up storage facilities in both countries

Total signs an agreement to develop an integrated gas project in the Sultanate Of Oman

Total will use its equity gas entitlement as feedstock to develop in Oman a regional hub for LNG bunkering service

Oman’s appetite for Islamic finance products is growing

Islamic banking assets in the Gulf nation are projected to reach 10% of total banking assets by 2018 Camille Paldi March 31, 2016: In the Oman Visi…

Taking Omani tradition to the world

Al-Jabri sisters use their creativity to turn dates into a must-have item IFM Correspondent September 11, 2015: The best way to find yourself is to…