BUSINESS NEWS

The sultanate represented by the Ministry of Tourism promotes Oman’s tourism at ATM 2018

The sultanate represented by the Ministry of Tourism promotes Oman’s tourism at ATM 2018
Dubai - 

The Ministry of Tourism will represent the Sultanate of Oman at the Arabian Travel Market (ATM) taking place at Dubai World Trade Centre from 22-25 April 2018. 

Trade talks start in Khartoum

Trade talks start in Khartoum
Khartoum - 

A series of top-level B2B meetings began Wednesday in Khartoum between Omani exporters and Sudanese businesses. 

Oman Fisheries holds seminar at Muscat Securities Market

Muscat - 

The Muscat Securities Market (MSM) on Wednesday hosted Dr Khalid bin Mansoor al Zadjali, CEO of Oman Fisheries Co, and a number of company officials at a seminar that was held at the businessmen hall of the Capital Market Authority.

Non-active firms can liquidate business without late fines: MoCI

Muscat - 

The Ministry of Commerce and Industry (MoCI) has announced that the commercial registrations, which have been inactive for a long time could go for liquidation without paying any late fine.

OPWP signs agreements for RO60mn Salalah IWP

OPWP signs agreements for RO60mn Salalah IWP
Muscat - 

Oman Power and Water Procurement Co (OPWP) on Wednesday signed a number of agreements with a consortium of ACWA Power, Veolia Middle East and Dhofar International Development and Investment Holding Co to set up a new independent water project (IWP) in Salalah. The agreements were signed at Crowne Plaza Resort Salalah.

Meethaq Sharia’a board reviews Q1 performance, growth strategy

Meethaq Sharia’a board reviews Q1 performance, growth strategy

Muscat - 

The Sharia’a supervisory board of Methaq Islamic Banking led by Sheikh Dr Ali Qaradaghi, chairman, held the second meeting of 2018 at Bank Muscat head office.

Bank Sohar’s rights issue will be credit positive: Moody’s

Bank Sohar’s rights issue will be credit positive: Moody’s

Muscat - 

Moody’s Investors Service said that Bank Sohar’s proposed RO40mn rights issue this year will be credit positive and increase the bank’s capital buffer.

Ominvest’s internal audit receives highest rating from IIA

Ominvest’s internal audit receives highest rating from IIA

Muscat - 

The internal audit at Oman International Development and Investment Co (Ominvest) has received the ‘generally conforms’ rating, which stands as the highest rating, following a quality assessment review by the US-based Institute of Internal Auditors (IIA).



Muscat daily recycle