Follow us on
muscatdaily socialmedia muscatdaily socialmedia muscatdaily socialmedia muscatdaily on tumblr muscatdaily on delicious

BUSINESS NEWS

BankDhofar posts 2014 net profit of RO40.5mn

The bank’s loan book grew by 18.42% in 2014 (Muscat Daily)
Muscat - 

The board of directors of BankDhofar has recommended a cash dividend of ten per cent amounting to RO13.43mn and a bonus share issue of ten per cent, aggregating to 134.3mn shares of 100bz each.

MSM30 closes flat as turnover gains 35%

Muscat - 

The MSM30 index closed flat at 6,584.07 on Wednesday as turnover rose 35.4 per cent from the previous session to RO4.4mn. 

The Wave, Muscat awards Reehan contract to Al Turki

The Wave, Muscat awards Reehan contract to Al Turki
Muscat - 

The Wave, Muscat has awarded a RO16.2mn contract to Al Turki Enterprises LLC for the construction of 99 villas known as Reehan Residences. 

Oman Ceramics receives ISO, OSHAS certifications

Amal Suhail Bahwan (right) receiving the ISO and OSHAS certificates from Venugopal Balakrishnan as Vish Natrajan (left) looks on (Muscat Daily)
Muscat - 

Oman Ceramics Co, a manufacturer of vitreous China sanitaryware, has obtained the ISO:14001 certificate for its environmental management system and the OSHAS:18001 certificate for occupational health and safety standards.

Oman’s banking sector on firm footing: H E Zadjali

H E Hamood bin Sangour al Zadjali
Muscat - 

Oman’s banking sector possesses the flexibility and diversity required to handle changing macroeconomic indicators, including the slump in oil prices, according to H E Hamood bin Sangour al Zadjali, executive president of the Central Bank of Oman (CBO). 

Ahlibank signs MoU with Sezad for financing projects in Duqm

Ahlibank signs MoU with Sezad for financing projects in Duqm

Muscat - 

Ahlibank and its Islamic counterpart Al Hilal Islamic Banking Services recently entered into a memorandum of understanding (MoU) with the Duqm Special Economic Zone Authority (Sezad) to provide banking services and finance to investors and companies setting up business ventures in Duqm. 

Oman, Saudi cost of living lowest in GCC, says survey

Oman, Saudi cost of living lowest in GCC, says survey

Muscat - 

A new global survey on cost of living has found that Saudi Arabia and Oman are the cheapest places to live in among the GCC countries. 

MSM30 closes flat; turnover falls 31%

Muscat - 

The MSM30 index closed this week’s first session flat relative to Thursday’s at 6,644.92. 

MOST POPULAR STORIES

    muscatdaily_recycling