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Category: Economy

Chinese officials look at boosting economic ties

May 23, 2019

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

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MoAF invites Omani firms to establish commercial aquaculture projects

May 22, 2019

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 commercial aquaculture projects.

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Ministry signs deal to boost fingerling production in Oman

May 16, 2019

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 and facilities available at the Aquaculture Centre in Al Bustan to be a temporary fingerlings hatchery for the company.

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Oman, South Korea explore areas of technical, industrial avenues

May 15, 2019

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 Korea in the Korean National Assembly and his accompanying delegation on Tuesday as part of his current official visit to the Sultanate.

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Oman’s Crude production crossed 29mn barrels in April

May 14, 2019

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 Ministry of Oil and Gas.

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Oman’s Foreign Direct Investment crosses OMR 9 billion

May 13, 2019

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 Promotion and Export Development (Ithraa), the foreign direct investment in Oman crossed OMR 9 billion in the second quarter of 2018.

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How US steel manufacturing is being affected by the tariff hike on China

May 13, 2019

The U.S. and China are launching into another round of trade talks. The current tariffs have one U.S. manufacturer facing a double whammy. CNBC’s Contessa Brewer brings us that story from Northbridge, MA.

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Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?

May 11, 2019

Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.

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Trade war: US and Chinese firms braced for tariff shock

May 11, 2019

The US is set to increase tariffs on $200bn (£153.7bn) worth of Chinese products on Friday, in a sharp escalation of their damaging trade war. Tariffs on those Chinese goods will more than double to 25% at 04:01 GMT, and Beijing has vowed to retaliate.

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Nepal holds meeting with Oman to send more skilled workers

May 10, 2019

As per recent reports in the Himalayan Times, Ram Prasad Ghimire, joint secretary at the Ministry of Labour, Employment and Social Security, Nepal said that their country has had fruitful negotiations with Oman to send workers.

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Recent Posts

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  • Development of new SEZs, industrial zones makes headway across Oman

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