Adnoc and OCI form new strategic partnership

The Abu Dhabi National Oil Company (Adnoc) on Monday announced a new strategic partnership with OCI. OCI is a global producer and distributor of natural… Read more

More tax in the Middle East: Oman joins Saudi and Qatar in introducing tax on energy and soft drinks

Similar to Qatar, it has added pork meat into the list of items to be taxed. The tax rate for tobacco, pork, alcoholic beverages and… Read more

OMR29mn project to come up at Duqm

Muscat: The establishment of the International Marine Product Company for the project of canned tuna and sardines with Omani-Gulf joint investment was disclosed in the… Read more

Sultanate, UK sign partnership agreement

Oman and the United Kingdom of Great Britain and Northern Ireland on Wednesday signed cooperation and partnership agreement to develop bilateral relations in various political,… Read more

Chinese officials look at boosting economic ties

This was highlighted in statement released by the Public Authority for Investment Promotion and Export Development (Ithraa).

MoAF invites Omani firms to establish commercial aquaculture projects

In an important development for the sultanate’s aquaculture sector, the Ministry of Agriculture and Fisheries (MoAF) has called on Omani companies and institutions to establish… Read more

Ministry signs deal to boost fingerling production in Oman

Muscat: The Ministry of Agriculture and Fisheries yesterday signed an agreement with the Blue Water Company to allow the company to benefit from the techniques… Read more

Oman, South Korea explore areas of technical, industrial avenues

Muscat: The State Council Chairman, Dr. Yahya bin Mahfoudh Al Mantheri received Ahn Gyu-Back, Chairman of the National Defence Committee from the Democratic Party of… Read more

Oman’s Crude production crossed 29mn barrels in April

Muscat: The Sultanate’s crude oil and condensates production stood at more than 29,000,000 barrels during April 2019, according to the monthly report issued by the… Read more

Oman’s Foreign Direct Investment crosses OMR 9 billion

Muscat: Oman’s Foreign Direct Investment rose to OMR 9,736,900,000 in the second quarter of 2018. According to a report by the Public Authority for Investment… Read more