Oman is building capacity in the oil sector for a quick return to 1mn-barrels-per-day production levels on expiry of the OPEC deal at the end of June this year.
H E Abdullah al Salmi, executive president of the Capital Market Authority, and Yusof Haji Abd Rehman, managing director of the Autoriti Monetari Brunei Darussalam, signed a memorandum of understanding on January 23 for the exchange of information and mutual cooperation.
After the constant rise in fuel demand over the past many years when prices remained steady, sale of petrol and diesel at Oman's pumps dropped significantly last year.
The board of Oman Fisheries Co has approved the appointment of Dr Khalid al Zadjali as chief executive officer of the company, effective January 29.
The Capital Market Authority held on Tuesday a discussion on the draft new Securities Law.
Al Hassan Engineering Co has invited all shareholders to attend an extraordinary general meeting (EGM) to discuss the capital erosion and widening losses of the company.
While the market value for sukuk and other traded instruments on the Muscat Securities Market (MSM) shot up to RO2.28bn, rising RO270.8mn from a year earlier, the number of securities declined by varying degrees.
The board of directors of Oman’s Export Credit Guarantee Agency (ECGA) approved the agency's budget for 2017.