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BUSINESS NEWS

L&T Oman wins contract to build Adam air base

L&T said that the contract was won against stiff international competition
Muscat - 

The buildings and factories business unit of Larsen & Toubro Oman LLC has won a prestigious order from Oman’s Ministry of Defence to build the Adam air base in Dakhiliyah.

Value of Oman’s 5M exports drops 10.4%

Value of Oman’s 5M exports drops 10.4%
Muscat - 

The total value of Oman’s exports at the end of May 2014 - including oil and gas, non-oil products and re-exports - declined 10.4 per cent to RO8.3bn, compared with RO9.3bn in the corresponding period of 2013. 

Alizz islamic bank signs accord with Landmark

Saif al Yarubi (second left) and Clive Freeman (second right) signed the agreement on Wednesday
Muscat - 

Alizz islamic bank signed a memorandum of understanding (MoU) with Pride Home LLC and Max Electronics LLC (Home Centre and Emax) for personal asset finance (goods murabaha) services on Wednesday at its head office.

Oman Trading International opens representative office in Shanghai

The inauguration of the Shanghai office was held under the patronage of H E Dr Mohammed al Rumhi H E Dr Mohammed al Rumhi
Shanghai - 

Restating its commitment to explore new market opportunities and to benefit from Asian markets, Oman Trading International (OTI) recently inaugurated its representative trading office in Shanghai, China, the fifth global office of the company. Shanghai is considered a vital market for oil derivatives, gas and petrochemicals.

PAEW floats tender for Bausher water network expansion

Muscat - 

The Public Authority for Electricity and Water (PAEW) has floated a tender for expansion of the water network in Bausher.

E-com conference in Salalah opens today

Muscat - 

The 2nd International e-Commerce Conference will be inaugurated on Sunday at Crowne Plaza Salalah under the auspices of H E Dr Ahmed al Futaisi, Minister of Transport and Communications. 

Dur Mohammed al Balushi

Ahlibank appoints new AGM of IT

Muscat - 

Ahlibank has announced the appointment of Dur Mohammed al Balushi as the bank’s new assistant general manager – head of IT. 

OSC chairman Dr Hamed Hashim al Dhahab (centre) and other board members at the press conference on Thursday

OSC launches training programme for members

Muscat - 

Oman Society of Contractors (OSC), the umbrella organisation of construction and contracting companies in the sultanate, announced a comprehensive training programme to strengthen the capabilities of contractors in four key areas, namely: Quality, health safety and environment (HSE), planning and contract management.

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