This is the brand’s debut in the country and brings the hotel group’s portfolio in Oman to 12 properties, with more under development. Located in the heart of Muscat’s Bawshar commercial district, …
Six firms in the running for Oman mixed-use project
Six major players in the project development sector are in the race to develop the Oman Business Gateway, a mixed-use project in Muscat featuring a blend of office spaces, residential units, retail …
Radisson Opens First Radisson Brand Hotel In Oman
Muscat: Radisson Hotel Group has expanded its global portfolio with the launch of Radisson Hotel Muscat Panorama, the group’s first Radisson-branded property in Oman’s capital, Muscat. The new hotel …
Fitch affirms Oman’s credit rating at BB+, with stable outlook
Fitch explained in its report that the Sultanate of Oman’s credit rating may rise if financial control measures continue, public debt declines as a percentage of gross domestic product, and non-oil …
Sohar International named Oman’s Best Bank at Euromoney Awards 2024
Muscat: Sohar International proudly announces its triumph at the prestigious Euromoney Awards, being recognized with the title of “Oman’s Best Bank.” This esteemed award underscores the bank’s …
ORA discusses real estate appraisal regulation
Muscat: Oman Real Estate Association (ORA) discussed the latest developments in the real estate market at a meeting in the Cultural Club in Al …
Fitch affirms Oman’s rating at ‘BB+’ with stable outlook
High dependence on oil revenue, modest financial buffers given high exposure to volatile hydrocarbon prices, and Oman’s net external debtor position weigh on the ratings, it noted. The government is …
Radisson Hotel Group opens first Radisson brand property in Oman
The new hotel features 165 rooms and suites, catering to both business and leisure travellers. Radisson Hotel Group Middle East, Africa (MEA) and South East Asia Pacific (SEAP) ch …
Oman, Jordan ink MoU on enhancing investment opportunities across various sectors
The MoU deals with enhancing joint investment opportunities between Oman and Jordan in different fields, including information and communications technology (ICT), food, agriculture, medicines, …
Islamic finance deal of the year – Oman: Sanvira’s $360 million facility
Phase 1 will see the development of a calcined petroleum coke plant with a capacity of 570,000 metric tons per year (MTPA). The upcoming phase 2 aims to establish a 300,000MTPA pre-baked anode …