Friday, November 16, 2018

ACWA Power wins $302mn solar project in KSA

ACWA Power, a global leader in developing, constructing, and operating power generation and water desalination plants, has won the Skaka independent power producer photovoltaic...
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Larsen & Toubro wins major contract in Oman

India’s construction conglomerate Larsen & Toubro said it has secured a major construction contract valued at Rs.4.3bn ($67mn) for a residential project in Oman....
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Nama appoints advisors for privatising five subsidiaries

Nama Holding, a government-owned holding company of Nama Group which is engaged in generation, transmission, distribution, supply and procurement of electricity in Oman, has appointed...
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Bright prospects

Vijaya Kumar, CEO of KR Infrastructure Group exudes confidence that the slight increase in oil prices, planned investments in Duqm and commissioning of the...
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Omran launches first hotel in Madinat Al Irfan

Omran, Oman’s tourism development company, has launched the first hotel within the Oman Convention & Exhibition Centre (OCEC) precinct. The highly anticipated Crowne Plaza...
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MCDC IPO opens for subscription

Muscat City Desalination Company (MCDC), which is opening its initial public offering today, said the company plans to offer a projected dividend yield of...
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Saham-Suhar section of Batinah road opens

A 27-km Saham-Suhar road, part of the Al Batinah Expressway, was opened to traffic on Wednesday. The opened section is part of the 50-km fourth...
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OETC has no plans to raise fund, says Nama group

Nama Holding said that its subsidiary Oman Electricity Transmission Co. has no plans to raise additional fund this year as the firm has already...
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PDO-backed drilling equipment factory opens in Nizwa

A new PDO-backed factory which will manufacture key well equipment for the oil and gas industry has been officially opened in Nizwa. The Omani company...
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Setting standards

A round-table discussion on the Distribution Code Review Panel (DCRP) organised by Nama Group and OER underlines the need for safeguarding the rights of electricity consumers in...
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