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BUSINESS NEWS

France’s Thales to provide security solutions at Muscat, Salalah airports

France’s Thales to provide security solutions at Muscat, Salalah airports
Muscat - 

Thales, a French multinational provider of security solutions for critical infrastructure, has been selected by Oman’s Ministry of Transport and Communications (MOTC) for the full deployment of integrated security solutions at the Muscat and Salalah airports. 

Crude reversal jolts benchmark index

Muscat - 

The benchmark MSM30 index continued on its downward trajectory on Wednesday, closing down 0.93 per cent to 5,750.88 after oil reversed the strongest rally in 25 years. 

S Africa keen to boost trade ties with Oman

Muscat - 

South Africa is keen to boost trade and investment with the sultanate by focusing on increasing export of food and agroprocessed products and utilising Oman's strategic location to target other markets in the region.

BankDhofar’s head of marketing wins award

Singapore  - 

BankDhofar’s head of marketing and corporate communications was named the ‘Most Influential Chief Marketing Officer' at the World Brand Congress Awards 2015. 

Foreign institutional selling dragged MSM30 index down 10% last month

Foreign institutional selling dragged MSM30 index down 10% last month
Muscat - 

Foreign investors exited the Oman bourse in droves last month as turbulent global markets and falling oil prices forced institutions and funds to reduce their holdings in Gulf markets.

NBC to incubate oil services firm GCC

NBC to incubate oil services firm GCC

Muscat - 

The National Business Centre (NBC), part of the Public Establishment for Industrial Estates (PEIE), signed on Tuesday an agreement to incubate Global Chrome Co (GCC). 

Omantel maintains position as sultanate’s most valuable brand

Omantel maintains position as sultanate’s most valuable brand

Muscat - 

Omantel has seen remarkable growth that helped the company maintain its position as Oman's most valuable brand, according to a recent study by Brand Finance, a leading brand valuation consultancy.

Benchmark slips over 1% as financials hurt

Muscat - 

The MSM30 index extended its losses on Tuesday, dropping 1.14 per cent to close at 5,804.81, weighed down by Financials.

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