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7 November 2002

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Italian Business Experience Event from October 19th to 21st.

The second edition of Italian Business Experience to strengthen trade relations between Italy and Oman will be held in Muscat from October 19th to 21st. The event has attracted more Italian companies than the previous year. Several Omani governmental institutions support the Italian Business Experience and will be present during the event.

The event is a forum for companies in Oman and in the GCC to get familiarised with Italian products and services and become prominent partners in new business alliances within many areas.

Sixty per cent of the participants at the last years event formed new partnerships with Omani companies. This paved the way for more Italian products and services in the Omani market. A majority of the companies participating are small to medium sized enterprises (SME). The event is being held in cooperation with OMANEXPO and Easy Business LLC.


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The economics of Haj

As they prepare to host this year's Haj, the Saudi authorities have released some revealing numbers related to the 2013 pilgrimage season. It was in 2012 that the Gulf state welcomed a record number of pilgrims, eventually totalling a substantial 3.16 million ....



SGRF, Shell to invest for solar enhanced oil recovery

GlassPoint Solar has announced a $53mn equity investment from the State General Reserve Fund (SGRF), Royal Dutch Shell (Shell) and GlassPoint's existing investors. The funding will be used to accelerate the deployment of GlassPoint's solar steam generators, which can reduce an oilfield's natural gas consumption by up to 80 per cent. Rod MacGregor, president and CEO of GlassPoint, stated, "Solar-powered oil production will save valuable gas resources...


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