Monday, October 14, 2019

Salalah Free Zone, Al Naqbi Holding ink $10mn food processing unit...

Salalah Free Zone Company (SFZCO) and Al Naqbi Group Holding have signed an OMR3.8mn ($10mn) agreement to set up a food processing unit within...
Email

Raysut Cement plans $30mn cement grinding unit in Duqm SEZ

Raysut Cement Company (RCC), in a filing listed on Muscat Securities Market (MSM), has announced its plans to set up a cement grinding unit...
Email

Army of Women Earning $4 a Day Could Be Behind Your...

(Bloomberg) -- On a steamy summer morning, dozens of buses pull up outside a cluster of low-slung, blue buildings in the south Indian state...
Email

Bank Nizwa, Raysut Cement Company ink OMR19.5mn finance agreement

Bank Nizwa, the Sultanate’s leading Islamic banking and financial solutions provider, signed an OMR 19.5mn deal for Shari’a-compliant financing facilities with Raysut Cement Company...
Email

Training on simplification of work procedures

The Public Establishment for Industrial Estates – Madayn is organising a one-week training programme in Dhofar governorate on simplification of work procedures.The programme, which...
Email

First polyethylene pipe factory launched in Oman’s Duqm SEZ

Duqm Hongtong Pipes Company, a Chinese-Omani partnership, held the ground-breaking ceremony of the Sultanate’s first factory for manufacturing Reinforced Thermopolyethlene Pipes at the Special...
Email

Industry Insights: Oman’s Manufacturing Sector

Manufacturing is one of the vital sectors identified by the government of Oman as part of its economic diversification strategy 2040. The push to...
Email

Investments hit a record in Madayn industrial cities

Total investments in Madayn’s various industrial cities increased by 3.63% in 2018 compared to the same period in 2017, while the cumulative value of...
Email

OCTAL Secures $625mn to Further Expand PET Sheet Business

 OCTAL has secured $625 million of banking facilities comprising a syndicated term loan facility of US$ 225 million and working capital facilities aggregating to...
Email

Slow Transition to Electric Fells BMW’s CEO After Just One Term

(Bloomberg) -- When BMW AG picked Harald Krueger to run the company more than four years ago, he was the perfect candidate. Young, with a...
Email