H E Yahya al Jabri, chairman of the Special Economic Zone Authority of Duqm (Sezad), signed on Tuesday an agreement with TruckOman Projects and Oilfield Services Co, part of TruckOman LLC, granting the right of use of land for the construction of an integrated logistics centre.
Trading activity on the Muscat bourse received a further boost on Tuesday on institutional interest and block deals.
Oman Environmental Services Holding Co, also known as be'ah, has awarded Veolia, through its subsidiary Veolia Middle East and its Omani partner Al Ramooz National LLC, a contract for waste management in the sultanate.
Continuing its positive performance on Monday, Oman’s benchmark index moved up 0.07 per cent to close at 5,952.10 as block deals helped boost trading activity.
Majid al Futtaim, a leading developer of shopping malls across the Middle East and North Africa (MENA) region, plans to invest RO515mn in Oman by 2020.
Sohar Power Co said one of the power units at its plant tripped while in operation, with initial inspection revealing damage to the unit.
Oman’s nominal GDP - gross domestic product at market prices - fell sharply in 2015 with lower oil prices taking the lion's share of the blame.
The benchmark MSM30 index rose 0.09 per cent to close Sunday’s trading session at 5,948.07.