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Tag: Oman

Posted on October 24, 2022

$300 million Oman-Australia cable switched on

JmObserver – The Oman-Australia Cable (OAC) — a 9,800 kilometre subsea cable manufactured and installed by SUB.CO that links the Sultanate of Oman to Western Australia — …
Posted on October 23, 2022

Oman targets $140 billion investment in green hydrogen industry

Sultanate of Oman announces 2050 Net-Zero commitment and unveils ambitious green hydrogen strategyMUSCAT, OCT 23The Sultanate of Oman, represented by the Ministry …
Posted on October 23, 2022

Oman targets $140 billion investment in green hydrogen industry

Sultanate of Oman announces 2050 Net-Zero commitment and unveils ambitious green hydrogen strategyMUSCAT, OCT 23The Sultanate of Oman, represented by the Ministry …
Posted on October 23, 2022

A budget-friendly stay in Oman’s capital at Avani Muscat – Hotel Insider

Located within driving distance of the UAE, Muscat is a great option for a quick getaway. And with the first Avani hotel in the sultanate having opened earlier this year, quick escapes to Oman can …
Posted on October 23, 2022

Total deposits held in Oman’s banking sector tops over $67bln

Muscat: The total deposits in Oman’s banking sector grew by 5.2 per cent to reach OMR26.2 billion at the end of August 2022. Within this total, the private sector deposits with the banking system …
Posted on October 22, 2022

Total deposits in Oman’s banking sector rise

The data issued by the Central Bank of Oman indicated that the credit granted to the private … Data related to its distribution over various sectors indicated that non-financial companies acquired …
Posted on October 21, 2022

Oman banks prepped for problem loans following end of repayment moratorium

With the moratorium on loan repayments – a key policy response adopted by the Omani government for the benefit of pandemic-impacted borrowers – having come to an end …
Posted on October 21, 2022

Oman banks prepped for problem loans following end of repayment moratorium

With the moratorium on loan repayments – a key policy response adopted by the Omani government for the benefit of pandemic-impacted borrowers – having come to an end …
Posted on October 21, 2022

Higher interest rates could impact bank credit growth in Oman

Elevated interest rates could potentially dampen bank lending growth in the Sultanate of Oman, a report by Fitch Solutions – an affiliate of Fitch Ratings – has …
Posted on October 20, 2022

Soft opening of ‘Invest in Oman’ portal before year-end

The Ministry of Commerce, Industry and Investment Promotion, in cooperation with the Embassy of the United Kingdom in Muscat, hosted the Oman-British Investment Forum on …

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