Cash-strapped Oman is getting a shot at redemption with investors without recourse to a bailout from wealthier neighbors.A year after the sultanate’s bonds approached distressed territory and its …
Maha Energy to invest $20mln in Oman’s Block 70
“With the acquisition of the Block 70 in Oman, the Company will undertake minimum work obligations … said in its latest quarterly financial report. Jonas Lindvall, President and CEO of Maha Energy, …
Iran Denies It Attacked Israeli-Owned Ship in Gulf
Iran has rejected what it says are Israel’s unfounded allegations that Iran’s Revolutionary Guard attacked an Israeli-owned cargo ship near the Gulf of Oman last month. Iran’s U.N. ambassador in a …
U.S. Navy joins, Oman, France, Britain in mine countermeasures exercises
Five ships of U.S. Naval Forces Command joined forces of Oman, France and the United Kingdom for a mine countermeasures exercise, the U.S. Navy said.
BAE unveils £2.5-bn deal for military jets to Oman
Britain to sell 12 Eurofighter Typhoon combat jets and eight trainer planes to Oman, a deal that will help sustain thousands of jobs …
National Bank Of Oman Appoints Salah Al Sharji As Chief Internal Auditor
National Bank of Oman (NBO), has announced the appointment of Salah Al Sharji as Chief Internal Auditor. A certified internal audit executive and bankin …
Iran’s largest commercial port to be constructed in Oman Sea
Iran’s largest commercial port will be constructed in the Oman Sea, Managing Director of Ports and Maritime Organization (PMO) of Iran Mohammad Rastad said on Saturday. Iran Mohammad Rastad The port …
Total studying all-electric LNG plant in Oman
Total is considering building a fully electrified liquefied natural gas (LNG) plant in Oman in order to reduce the fuel’s greenhouse gas emissions, the French energy group’s chief executive said.
Oman launches offset project with University of Arizona
The Omani government has signed an agreement with the University of Arizona’s Eller Executive Education to deliver training to Omani nationals as part of an …
Islamic finance demand strong in Oman despite challenges
Despite the pandemic-driven weakening in operating environment of the overall banking sector, Oman’s Islamic banking and finance industry continued to expand in 2020 as demand for Sharia’a-compliant …