Sunday, February 17, 2019

Bank Muscat honours employees for achieving business growth objectives

Bank Muscat, the flagship financial services provider in the Sultanate, honoured employees of the Retail Banking department for achieving business growth objectives in 2015. The Management Team led by AbdulRazak Ali Issa, Chief Executive, felicitated the employees at the Nojoom award ceremony held at the bank’s head office.
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Championing environmental excellence: Hamed Al Rumhi, Orpic

Orpic Oman has reduced flaring from its plants by over 60 per cent in the last five years, informed Hamed Al Rumhi, Head-EIP, Orpic...
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Optimarin gets 2016 off to EXcellent start with 10 system Atlantis...

Optimarin has consolidated its position within the EX approved ballast water treatment (BWT) segment with a 10 vessel contract from Atlantis Tankers Group and...
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Bank assets grow by 16 per cent to OMR28b

Total assets of commercial banks increased by 15.7 per cent to OMR28.3 billion in October 2015 from OMR24.5 billion a year ago. Of the total assets, credit disbursement accounted for 65 per cent and increased by 10.4 per cent as at the end of October 2015 to OMR18.4 billion.
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Saudi Arabia to lower requirements for foreigners buying stocks: Report

Bloomberg reports that Saudi Arabia’s stock exchange will cut the amount of assets foreigners must have under management to invest directly in the nation’s stocks, as it plans changes designed to attract more cash from overseas.
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Will Future Megacities Be a Marvel or a Mess? Look at...

With a population that’s swelling by about 700,000 each year, India’s capital could be the world’s biggest megacity by 2028. The effects of unbridled urbanization...
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Muscat Capital launches real estate fund

Muscat Capital, the Saudi-based investment banking subsidiary of Bank Muscat, announced the successful closure of its first Real Estate Investment Traded (REIT) fund. The...
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Indian delegation seeks to enhance trade, investment

A high-powered Indian trade delegation visited Oman recently  to enhance trade relations and seek investment opportunities in various sectors in the Sultanate, especially in small...
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No sign of significant oil production shut-ins at $35 per barrel:...

Wood Mackenzie's latest global oil production analysis indicates that 3.4 million barrels per day (b/d) of oil production is cash negative at a Brent...
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‏A class leader

The Kia Quoris strikes an enviable balance between refinement, features, drive quality and attractive pricing.
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