Tuesday, April 23, 2019

Islamic banks’ financing hits RO3.5bn

Islamic banking entities provided financing to the extent of OMR3.5 billion at the end of September 2018, an increase of 20.7 per cent over...
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Haya Water commences construction of Bausher 1 plant

Haya Water recently began the construction work in Bausher 1 aiming to establish a Waste Water and Treated Water Networks. The total cost of...
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Bank Nizwa teams up with Takaful Oman to offer Sharia-compliant car...

Bank Nizwa has joined forces with Takaful Oman Insurance to offer Sharia-compliant car insurance to its growing customer base across the Sultanate. Customers wishing...
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Oman’s budget deficit plunges 36.1%

The Oman government’s budget deficit plunged 36.1 per cent to OMR2.04 billion during the January-October period of 2018 due to a surge in government...
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Property transactions decline by 2.5 per cent till October 2018

The overall activity in the real estate market was dull in the first 10 months of 2018, compared to the same period in 2017 The...
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State Council economic committee discusses 2019 draft budget

The State Council Expanded Economic Committee held its first meeting of the fourth sitting of the sixth term under the chair of Sheikh Mohammed...
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Al Madina Logistics, Port of Duqm sign pact to build integrated...

Al Madina Logistics and Port of Duqm have signed pact to build an integrated complex to manage logistics operations in Duqm  A land investment agreement...
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Oman’s economy in recovery mode

Talal bin Sulaiman al-Rahbi, Deputy Secretary General of the Supreme Council for Planning (SCP) affirmed that macroeconomic indicators show the recovery of the Omani economy in the...
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Voltamp Power, Tatung sign technological collaboration agreement  

Voltamp Power and Tatung of Taiwan have recently signed technology collaboration related to 220 kV and 400 kV Class Power Transformers which will involve...
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HM presides over National Day military parade

His Majesty Sultan Qaboos, the Supreme Commander of the Armed Forces, on Sunday presided over the military parade, which was staged at the military...
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