BUSINESS NEWS

Oman Air awarded ISAGO accreditation by IATA

Muscat - 

Oman Air, the national carrier of the sultanate, has been awarded the IATA Safety Audit for Ground Operations (ISAGO) registration by the International Air Transport Association (IATA) at Muscat International Airport and Salalah Airport.

‘We are looking to expand into container business, minerals segment’

‘We are looking to expand into container business, minerals segment’
Muscat - 

Sudhir Rangnekar, senior advisor of Oman Shipping Co, was recently awarded the TMS Lifetime Achievement Award 2017. In an exclusive interview with Muscat Daily, Rangnekar talked about receiving the prestigious award and also touched upon Oman Shipping Co’s growth in past 14 years and its future growth prospects.

Park Inn hotels appoints Faiza al Balushi as cluster human resource manager

Park Inn hotels appoints Faiza al Balushi as cluster human resource manager
Muscat - 

Faiza al Balushi has been appointed as cluster human resources manager for Park Inn by Radisson Muscat and Park Inn by Radisson Hotel & Residence Duqm in Oman, with effect from November 12.

Omantel wins telecom deal of the year award for Zain stake acquisition

Muscat - 

Omantel was recently awarded TMT M&A Emerging Markets Telecom Deal of the Year for 2017 at the TMT Finance M&A Awards ceremony held in London.

Banking sector remains resilient amid economic slowdown: CBO chief

Banking sector remains resilient amid economic slowdown: CBO chief
Muscat - 

Despite the economic slowdown witnessed since 2015 due to weak oil prices, Oman’s banking sector has displayed resilience, reflecting the sound policies and judicious practices followed by banks, the executive president of the Central Bank of Oman (CBO) said on Sunday.

Outlook for GCC banks is stable, says Moody’s

Muscat - 

The outlook for the GCC banks is stable overall reflecting strong financial fundamentals, particularly in the largest banking systems that provide resilience to profitability and loan quality challenges from slower economies, Moody’s Investors Service said.

EY opens MENA digital security centre in Oman

EY opens MENA digital security centre in Oman

Muscat - 

With a view to provide protection to business establishments in the Middle East and North Africa (MENA) region against growing cyber attacks, the global professional services provider EY on Thursday announced the opening of MENA Digital Security Operations Center (DSOC) in Muscat.

Aera Energy, Glasspoint to build California’s largest solar project

Aera Energy, Glasspoint to build California’s largest solar project

Muscat - 

GlassPoint Solar, the leading supplier of solar energy to the oil industry, has partnered with oil and gas producer, Aera Energy, to build one of the largest solar energy projects in the United States.



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