Oman is looking to expand its presence in international markets and will soon open its representative offices in China and Saudi Arabia.
16 projects for PPP-based implementation
MUSCAT, May 5 – Oman’s authorities have identified as many as 16 projects for implementation under the Public Private Partnership (PPP) framework.
Oman LNG revenues surge 60pc to $3.5 bn in 2018
Muscat, May 5 – Oman LNG posted a dramatic 60 per cent growth in revenues, which surged to $3.505 billion for fiscal 2018, up from $2.196 billion a year earlier. Net Income After Tax (NIAT) soared 68 per cent to $1.
‘China provided $540mn to Oman for infrastructure projects’
China has provided US$540mn to Oman for investment in different infrastructure projects as part of its Belt and Road Initiative, said H E Li Lingbing, China’s Ambassador to Oman at a briefing on Tuesday.
China sets foot in the middle east
With America’s sanction waivers on Iranian crude oil ending on May 2, the battlelines in the Middle East are sharply drawn. On one side is Sunni Saudi Arabia along with its allies the UAE, Egypt, Bahrain, Oman and Kuwait.
Warren Buffett says no textbook could have predicted the strange economy we have today
OMAHA, Neb. — The current economic environment is one that no one could have seen coming, Warren Buffett said. In an CNBC interview that aired Friday, Buffett noted that unemployment is at generation lows, yet inflation and interest rates are not rising. While at the same time the U.S.
Oman plans to issue new banking law this year
In order to comply with the advancement of technology and emergence of new banking avenues such as electronic payments, Oman’s government is planning to bring a new banking law along with some other by-laws.
Oman project to train over 5,500 students in agri-fish production
Oman wants to encourage school students to gain hands-on knowledge about agriculture and fish production, thereby ensuring a skilled workforce taking the sector further ahead.
Singapore, China sign 5 deals to boost cooperation in economy, customs operations
BEIJING: Singapore on Monday (Apr 29) inked five partnerships with China in the areas of business, customs enforcement and infrastructure investment.
Xi makes plenty of promises on belt and road plan, but can China deliver?
Chinese president vows to stick to international rules and standards, as joint statement emphasises financial sustainability, pollution control and anti-corruption efforts.