DUBAI — Oman raised $500 million on Monday through a reopening of two bonds issued last month, drawing orders of more than $3 billion for the additional tranches, a document showed. Rated below …
Pakistan, Oman agree to strengthen bilateral, economic ties
Pakistan and Oman on Monday reached at an understanding to “qualitatively enhance relations” in diverse fields with particular emphasis on economic dimensions. This was agreed upon during the 7th …
Oman’s new private super-specialty hospital set for Q1 2021 opening
MUSCAT – Oman International Hospital (OIH), one of the Sultanate’s largest private-owned super-specialty hospitals, is set to open its doors in the first quarter of 2021 in the capital city. The …
Dubai-based Gold Medal expands into Oman
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 …
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 …
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 …
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 …