Category: News

Bank Sohar Hosts Sir Gerry Grimstone at 2nd Edition of “Viewpoints”

Reinforcing its position as an active player in enhancing the local economy, Bank Sohar held the second edition of its Chairman’s Forum ‘Viewpoints’ on 1st October 2018 at the Grand Hyatt in Muscat. The platform’s thought-provoking series of talks from world-renowned leaders featured Sir Gerry Grimstone, Chairman of Standard Life Aberdeen, one of the UK’s […]

SEZAD joins the Joint Supplier Registration System

    The Special Economic Zone Authority of Duqm (SEZAD) is now part of the Joint Supplier Registration System (JSRS), Buyers Community. It follows the signing of a memorandum of understanding (MoU) between SEZAD and Business Gateways International (BGI), the Muscat-based company with the mandate to operate and manage the online portal on behalf of […]

Cybersecurity at the fore: Microsoft hosts trust and security briefing in Dubai

  The Middle East is home to some of the fastest growing economies in the world and the region has taken incredible strides in technology adoption. However, one key concern is that a majority of organisations are still vulnerable to cyber attacks. According to reports, cyber attacks in 48% of the Middle Eastern and African […]


  The traditional industry leaders and fast growing younger companies walked away as winners in the annual AIWA Awards for Best Performing Companies, held on 10th September. This year marked the eighth edition of the annual AIWA Awards. Top five best performing companies, based on their performance on select seven financial parameters in the financial […]

Editor's Pick
Banking sector credit in Oman grows by 6 per cent till June 2018

The several regulatory amendments issued recently by the Central Bank of Oman (CBO) enabled more space for banks to extend credit for stimulating economic activities in the Sultanate. The combined balance sheet of conventional and Islamic banks and windows (other depository corporations) indicate that the total outstanding credit extended by other depository corporations (ODCs) increased […]

Duqm Refinery launches Majlis series of community meetings

Duqm Refinery launched a series of community meetings (Majlis) under the auspices of Sheikh Mua’thad bin Mohammed Al Yaqoubi, governor of Al Wusta. This event was organised as part of the project managements’ strong belief that initiating positive interaction with the surrounding communities was one of the cornerstones for the success of the project. The […]

Omantel Investor Conference focuses on creating long-term shareholder value

Omantel hosted an investor conference recently with an objective to discuss company’s business prospects with Investor Communities. The Omantel Investor Conference, organised in cooperation with Gulf Baader Capital Markets (GBCM), was held at Kempinski Hotel, Al Mouj Muscat. Omantel’s chief executive highlighted in his presentation to the investors the company’s future strategy to create growth […]

World Heavy Oil Congress & Exhibition lays roadmap to energy mix of the future

More than 3,000 international industry professionals and experts are addressing challenges and discussing opportunities across the heavy oil value chain at the 2018 World Heavy Oil Congress & Exhibition (WHOC).  Held for the very first time in the Middle East at the Oman Convention & Exhibition Centre in Muscat, the event is one of the […]

GlassPoint, PDO launch SolaRISE technology centre

GlassPoint Solar, the leading supplier of solar energy to the oil and gas industry, has launched SolaRISE, a new technology center in partnership with Petroleum Development Oman (PDO). SolaRISE, standing for Solar Research, Innovation and Sustainability in Energy, is a joint initiative formed to develop and test next generation solar technologies in the oilfield environment. […]