Energy FeaturedOman announces the foundation of a new state-owned energy companyPritam BordoloiDecember 8, 2020 by Pritam BordoloiDecember 8, 2020The purpose of the new company is to transfer government stake in Concession Area 6 to EDO...Read more
Economy FeaturedDubai-Oman bilateral trade reached Dh14.85 bn in H1WebAdminNovember 18, 2020 by WebAdminNovember 18, 2020Bilateral trade jumped 8.4 percent to hit Dh 37.85 billion last year...Read more
Featured Oil & GasOman’s crude oil price in September average $47.2 per barrelWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020The Sultanate’s total oil production stood at 261.10 mn barrels for the first nine month of 2020...Read more
Economy FeaturedOman plans to increase government revenue to OMR12 bn by 2024Pritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020The plan is a part of Oman’s National Plan for Fiscal Balance 2020-2024...Read more
Energy FeaturedPetronas mulls exiting Gharraf oilfield in Iraq: CEOPritam BordoloiOctober 19, 2020 by Pritam BordoloiOctober 19, 2020The oil giant operates the Gharraf oilfield with a 45 percent stake...Read more
Ports and ShippingPort of Duqm sees expansion for trade and customs clearanceInternational Finance Business DeskOctober 19, 2020 by International Finance Business DeskOctober 19, 2020The new customs centre will help the port to become fully ready for commercial operations and faster clearance of shipments...Read more
TelecomOman Tower Company sings agreement to rollout infra in Port of DuqmPritam BordoloiSeptember 10, 2020 by Pritam BordoloiSeptember 10, 2020The agreement will allow OTC to accommodate all service operators with different technologies on its towers in an open access...Read more
EconomyArab oil exporting country’s economies to shrink by 4.75% in 2020Pritam BordoloiAugust 18, 2020August 18, 2020 by Pritam BordoloiAugust 18, 2020August 18, 2020The diversified economies in the region to shrink by 2%...Read more
Featured FintechBankDhofar partners with Oman Air to launch payment gatewayPritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020The new service will enable the carrier's customers to process air tickets booking online using debit cards...Read more
Featured LogisticsOman Logistics Center launches cloud-based technology initiativePritam BordoloiJune 19, 2020June 19, 2020 by Pritam BordoloiJune 19, 2020June 19, 2020Tawseel will empower startups and SMEs in Oman in the last mile delivery space...Read more