BPCL had made an investment in compulsorily convertible debentures and share warrants of BORL or Bina refinery in Madhya Pradesh. This was equivalent to 24% additional equity stake in BORL.
Former Zanzibar Sultan granted retirement in Oman
Jamshid bin Abdullah, the former sultan of Zanzibar, returns to Oman after more than 50 years of living in exile in the uk. Image Credit: Shutterstock Kuwait City: After more than 50 years of living …
Oman Post strengthens SME competitiveness
MUSCAT – Trade facilitation for Small and Medium Enterprises (SMEs) is a topic that Oman Post, an Asyad member company, is taking on by leveraging its infrastructure and host of tailored postal and …
Oman is expected to send representative to White House signing ceremony – official
WASHINGTON, Sept 15 (Reuters) – Oman is expected to send a representative to Tuesday’s White House ceremony where Israel will sign normalization deals with the United Arab Emirates and Bahrain …
How Popular Finance duped investors
Shibu George, who worked in Muscat, Oman, for 20 years before returning to India, had put his entire savings in Popular Finance Group, the Konni-based group which went belly up recently. George, 48, …
COVID-19: Oman gears up for regular airline operations
But that said, we are sure air travel will bounce back, slowly but surely.” A high-ranking official from Oman Air informed that the airline is sufficiently prepared for receiving passengers when the …
Oman welcomes Bahrain-Israel normalisation decision
Oman welcomes Bahrain’s decision to normalise relations with Israel and hopes it will contribute to Israeli-Palestinian peace, Oman state media said on Sunday.
Oman welcomes Bahrain’s initiative to normalise ties with Israel -TV
Oman welcomes Bahrain’s decision to normalise relations with Israel, Oman state TV reported on Sunday. “The Sultanate welcomes the initiative taken by the sisterly kingdom of Bahrain,” the channel …
Investments in Oman’s Madayn industrial cities hit $17bln in 2019
is working towards developing Madayn Vision 2040 to be along the lines of Oman Vision 2040, said Hasan bin Marhoon al Marhoon (pictured), Director- General of Planning and Business Development at …
Rental market under pressure over expats exit from Oman
Market conditions in both the residential and office space rental sectors in Muscat were already in slowdown or recession prior to the COVID-19 pandemic as a result of slow economic growth and …