Retail major Lulu Group has officially launched one of the largest projects of its kind in the Indian state of Andhra Pradesh.
Port of Salalah, one of the largest multi-purpose ports in the Middle East region, recorded significant growth in both container and general cargo volumes during 2017.
The Omani Authority for Partnership for Development (OAPFD) is looking into establishing a direct partnership for development (PFD) electronic system to create local and global partnerships.
Oman Telecommunications Company’s (Omantel) board of directors approved the audited financial results of the company for the year 2017. Omantel recorded an increase of 44.7 per cent in revenue reaching RO751.7mn compared to RO519.4mn in 2016.
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Hydrocarbon Finder E&P LLC (HCF) signed an Islamic project financing facility for the development of oil and gas fields in Oman’s Block 7 operated by HCF.
Spanish hydro-technology firm Aqualia recently signed a joint venture (JV) agreement with Majis Industrial Services to manage and operate water installations in the Port of Sohar.
Oman’s efforts to broaden its economic base by channelling investment into sectors identified as ripe for development are given wide-ranging analysis in a new report just produced by the global research and consultancy firm Oxford Business Group (OBG).
Airbus has delivered the world’s first A350-1000 wide-body airliner to launch customer Qatar Airways at a delivery event in Toulouse, France. The aircraft is the first of 37 A350-1000s ordered by the carrier and is the first ever Airbus aircraft fitted with the revolutionary new Qsuite seats, offering the first ever double bed in business class.