Dubai-based Gold Medal, the largest travel consolidator in the Middle East, has expanded its operations into Oman through its partnership with OUA Travel, one of Oman’s leading travel agencies. With …
Oman Returns to Debt Market as Global Rally Cuts Borrowing Costs
(Bloomberg) — Oman, one of the weakest sovereigns in the Gulf Arab region, is back in the dollar debt market as a rally in its bonds that were issued about a month ago enables it to lock in cheaper …
GS Inima Environment wins W2.3tr seawater desalination projects in Oman
GS Inima Environment said Sunday it has won an overseas desalination project worth 2.3 trillion won ($2.1 billion) in Oman, the biggest in the company’s history. According to the Spain-based water …
OER Business Summit 2020 to deliberate recovery
The 11th edition of OER Business Summit, a flagship event by Oman’s premium business magazine, will take place on December 16, 2020 at Sheraton Oman. The Summit will also deliberate on strategic …
The soldier who overthrew the Sultan of Oman in a very British coup
Major General John Graham, soldier, diplomat and linguist, was also a fastidious diarist and note-taker who often dashed off memos to himself. In July 1970 he had a lot on his mind, fretting over how …
$400mln mega water projects to come up in Oman
South Korean-based global construction heavyweight GS Engineering & Construction (GS E&C) has announced that consortiums led by its wholly-owned Spanish subsidiary, GS Inima, have secured mandates to …
Five-star Oman resort Six Senses Zighy Bay to reopen
Six Senses Zighy Bay has announced it will reopen its doors following a hiatus brought about by the pandemic. Aaron McGrath, general manager, said, “We’re delighted to be able reopen the resort and …
No Extra Discovery For Engineering Co. In Oman Contract Suit
Parsons Engineering has lost its emergency bid for more time to seek additional evidence about an allegedly biased arbitrator who issued a $24 million award against the company, with a California …
Al Bustan Palace in Oman gives promotions across departments
Carlton Hotel, now under the leadership of newly-appointed GM Nabil Al Zadjali, has given out three promotions across its workforce. The five-star Omani resort has named a director of sales and …
Oman: Expats who violated COVID-19 restrictions to be deported
Four people in Oman who were found to be violating COVID-19 precautions set by the Supreme Committee were handed sentences ranging from six months imprisonment to a fine of OMR1,000 coupled with …