Oman’s producer price index-based inflation rose 26.9 per cent in the third quarter of this year over the same period of last year, mainly driven by a surge in oil and gas prices.
The board of directors of Oman Oil Co (OOC) and Oman Oil Refineries and Petroleum Industries Co (Orpic) announced the appointment of Musab Abdullah al Mahruqi as the new group chief executive officer, effective December 2, 2018.
The Muscat Securities Market (MSM) announced the new list of 30 companies approved for day trade.
Kempinski Hotel Muscat has recently announced the appointment of Frederic Krueger as the director of sales and marketing as of October 2018, joining the property from his assignment as director of sales from Kempinski’s opening projects in Yangon and Singapore.
Omantel - the first operator to provide fibre optic services in the sultanate - continues to enhance customers’ digital experience with the latest roll out of its fibre optic network in Al Saadah area in Salalah, enabling residents an unprecedented digital experience with ultra-fast Internet speed, affordable prices and value added services.
Oman Hotels & Tourism Company announced that it has received the International Accreditation Certificate ISO 9001:2015.
GlassPoint Solar and Occidental Oman (Oxy Oman) announced on Tuesday that they have signed a memorandum of understanding (MoU) that could lead to a large solar thermal energy plant, exceeding 2GW, at the Mukhaizna oilfield in Oman.
Al Maha Petroleum Products Marketing Company plans to revamp its filling stations across the country with a focus to improve retail sales experience for consumers along with traditional auto-fuel sales, and is also looking at expanding operations beyond the country’s borders.
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