Omani seafood canning business Simak’s new OMR 26 million (USD 67.5 million, EUR 62.8 million) cannery has become the crown jewel of Oman’s development of the port of Dukm into a hub of the country’s …
Oman’s residential leasing market buoyant, occupancy rising significantly
He said this at the sidelines of the Oman Real Estate Expo which was held recently at the Oman Convention and Exhibition Centre. “The real estate exhibition in Oman for 2024 has been the best I have …
10 Design appointed lead architect for LA VIE, in Muscat, Oman
Design has unveiled its design for LA VIE in Muscat, Oman, a modern mixed-use destination delivering business, leisure, …
Hapondo, Qatar-based online real estate marketplace, awarded during the Oman Real Estate Conference
DOHA, QATAR – Online real estate marketplace hapondo was recognized by Oman’s Ministry of Housing & Urban Planning for its contributions and insights on real estate transparency during the Oman Real …
Omantel hosts the first Oman chapter meeting of Middle East Investor Relations Association
Marking a significant milestone in its commitment to advancing Investor Relations (IR) practices within the region …
KCA Deutag secures a further $45mln in project financing from Oman Arab Bank
“We are delighted to be working with a local bank as we build and deliver these four highly-automated rigs in Oman. Our ongoing presence in the country, ten-year contracts, and enviable footprint in …
KCA Deutag secures a further $45mln in project financing from Oman Arab Bank
“We are delighted to be working with a local bank as we build and deliver these four highly-automated rigs in Oman. Our ongoing presence in the country, ten-year contracts, and enviable footprint in …
EV market in Oman gets a boost from infra push, affordable models
MUSCAT: There are 650 registered electric vehicles in the country, according to estimates, which are catered to by over 100 charging …
Oman Re highlights surge in profit in Q1 results
The company has experienced a 41% increase in net reinsurance results, totaling OMR874,000 (US$2.3 million) for Q1 2024, up from OMR618,000 (US$1.6 million) in Q1 2023. Additionally, Oman Re reported …
Private Equity Firm Advent Explores Deal to Take Over Oman’s OQ Chemicals
OQ Chemicals, formerly known as Oxea, was owned by Advent until 2013. The private equity firm sold the company, which has production facilities in Europe, the US and China, to OQ for about €1.8 …