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Tag: Oman Business News

OQ-led consortium to develop green ammonia project in Oman

An international consortium comprised of the alternative energy business unit of OQ, Marubeni Corporation, Linde, and Dutco have signed a Joint Development Agreement (JDA)...

Oman’s NBO, ONEIC unite to improve digital capabilities & expertise

Oman’s first local financial institution National Bank of Oman (NBO) has signed a Memorandum of Understanding (MoU) with the leading engineering company Oman National...

Madayn, Mubadrah & Solar Wadi unite to develop 100MW solar farm...

Oman’s Public Establishment for Industrial Estates Madayn, Mubadrah, and Solar Wadi have signed an agreement to build a 100MW solar PV farm in Suhar...

From Stable to Positive; S&P Global Ratings upgrades Oman’s Outlook

S&P Global Ratings, an American credit rating agency revised its outlook on Oman to Positive from Stable citing higher oil prices and fiscal reform...

Oman & Italy discuss ways to boost cooperation in energy sector

Mr. Salim bin Nasser al Aufi, Under-Secretary of the Ministry of Energy and Minerals of the Sultanate of Oman, has discussed the prospects and...

Vodafone Oman opts Ericsson to deploy & manage its 5G network

Oman’s leading mobile network operator Vodafone Oman has signed an agreement with Swedish multinational networking and telecommunications company Ericsson to deploy, manage, and maintain...

Oman’s NBO join hands with Alfardan Hotels to offer loan facilities

National Bank of Oman (NBO), the first local bank in Oman, has entered into a partnership agreement with Alfardan Hotels and Resorts to offer...

Oman’s RCC plans to open its $30mn worth Duqm plant in...

Oman’s largest cement manufacturer Raysut Cement Company (RCC) has announced that the $30 million worth Duqm grinding plant in Sultanate would begin operations in...
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