The company board will on December 17 “consider a proposal for according ‘in-principle’ approval” for “acquisition of 36.62 per cent of equity shares in BORL from OQ S.A.O.C. (formerly known as Oman …
BPCL to acquire Oman Oil’s 36% stake in Bharat Oman Refineries
State-owned Bharat Petroleum Corp Ltd (BPCL) on Tuesday said that its board would consider the proposal to acquire 36.62 per cent stake in Bharat Oman Refineries (BORL) from Oman Oil Company S.A.O.C. …
COVID-19: Heritage and historical sites open in Oman
Oman is known for the historical installations like forts, castles and old market places which have been maintained well, with the rustic charm still intact. One of the major attr …
Six fishermen reach Muttom from Oman in boat, arrested
Colachel Marine Police have arrested five persons from Kanniyakumari district and a Bangladesh national who set sail from Oman in a mechanised boat and reached Muttom fishing harbour on Saturday night …
Oman bans foreign investment in some areas
said an Oman Observer report. As per the decision based on the Foreign Capital Investment Law, the business will be limited to Omani investors. Some of the activities operating within the tourism …
Oman reports 571 new COVID-19 cases
(Xinhua) — Oman reported 571 new COVID-19 cases, bringing the nationwide tally to 126,240, the Omani Health Ministry said Sunday. The country also registered eight new deaths from the virus, taking …
Oman greets Morocco’s decision to regularize ties with Israel
Oman greeted Morocco’s decision to regularize ties with Israel.
Omani Foreign Ministry declared in a statement, Oman wishes that the latest announcement by King Mohammed VI of Morocco would …
Oman banks dole out $26.63bln in personal loans
Personal loans disbursed by commercial banks climbed to RO 10.242 billion in 2019, up from RO 10.006 billion a year earlier, the Central Bank of Oman (CBO) stated in its 2019 Annual Report released …
Planned reforms to Oman’s labour law to create positive business climate
Oman’s planned labour law reforms, in particular the abolishment of the No Objection Certificate (NOC), will have a “positive impact” on the sultanate’s economy, industry experts said. Speaking at the …
Planned reforms to Oman’s labour law to create positive business climate
Oman’s planned labour law reforms, in particular the abolishment of the No Objection Certificate (NOC), will have a “positive impact” on the sultanate’s economy, industry experts said. Speaking at the …