H E Salim bin Nasser al Aufi, Undersecretary of the Ministry of Oil and Gas attended the Russian and GCC oil ministers’ meeting in Riyadh on behalf of H E Mohammed bin Hamed al Rumhy, Minister of Oil and Gas.
Oman climbed by three notches to rank 66th globally in the World Bank’s 2017 Doing Business Report which was released on Tuesday. Oman’s rank was 69th in the previous year report.
The United States said it has determined dumping of steel pipes by Oman and three other countries.
The benchmark index of the Muscat Securities Market (MSM) decreased 0.16 per cent on Tuesday to close at 5,522.86.
A'Saffa Foods Co is planning a RO45mn expansion to double chicken-meat production.
With the budget deficit continuing to swell amid the steep drop in oil revenues, Oman plans to turn to international funding sources to plug up to 70 per cent of its shortfall this year, according to the chief of the Central Bank of Oman.
Oman Rail Co has issued a tender inviting proposals from companies for multifunctional consultancy services for key elements of the sultanate's railway project.
BP Oman announced that phase one of its massive Khazzan natural gas project is 80 per cent complete and on track to deliver first gas towards the end of 2017.