Follow us on
muscatdaily socialmedia muscatdaily socialmedia muscatdaily socialmedia muscatdaily on tumblr Follow Muscat Daily on Instagram

BUSINESS NEWS

TruckOman division gets land rights for building logistics centre in Duqm

Muscat - 

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.

MSM30 positive on institutional interest

Muscat - 

Trading activity on the Muscat bourse received a further boost on Tuesday on institutional interest and block deals.

Veolia bags Oman waste management contract

Veolia bags Oman waste management contract
Muscat - 

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.

MSM30 rises as block deals boost activity

Muscat - 

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.

Mall developer Majid al Futtaim to invest RO515mn in Oman by 2020

Mall developer Majid al Futtaim to invest RO515mn in Oman by 2020
Muscat - 

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.

Technical glitch impacts plant’s operations, says Sohar Power

Technical glitch impacts plant’s operations, says Sohar Power

Muscat - 

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 slumps 14% in 2015 as weak oil trims revenues

Oman’s nominal GDP slumps 14% in 2015 as weak oil trims revenues

Muscat - 

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.

MSM30 starts week on positive note

Muscat - 

The benchmark MSM30 index rose 0.09 per cent to close Sunday’s trading session at 5,948.07.



Muscat daily recycle