The chairman of Oman Cables Industry and one of its founders, Mustafa al Lawati, has retired after serving more than 30 years on the company’s board.
After Bank Nizwa and Al Omaniya Financial Services earlier in the year, it is National Bank of Oman’s turn to evince interest in acquiring United Finance Co's operations.
The general index of the Muscat Securities Market dropped a marginal 0.07 per cent to close at 6,318.28 on Sunday.
H E Dr Mohammed al Rumhi, Minister of Oil and Gas and chairman of the PDO board of directors, and PDO managing director Raoul Restucci have been named among the most powerful and influential people in the Middle East oil and gas sector.
Duqm Refinery announced that Galfar Engineering and Contracting has been awarded the tender for site preparation work for its upcoming refinery at the Special Economic Zone in Duqm.
Bank Muscat has launched a state-of-the-art online banking service redefining banking with convenience.
Phoenix Power Co, which owns and operates the Sur Independent Power Plant (IPP), has announced its initial public offering (IPO), which will be open for subscription from May 10 to June 8.
Omantel has posted a 7.6 per cent growth in group revenue for the first quarter of this year following a good performance on the domestic front.