Suhar Investment Forum to spotlight RO 1 billion worth of business opportunities
The 1st Suhar Investment Forum began on Sunday, February 25 in the seaport city under the auspices of HH Sayyid Fahr bin Fatik al Said. The two-day has been organized by the North Batinah Branch of the Oman Chamber of Commerce and Industry (OCCI). Various presentations will highlight the investment climate in North Batinah […]
Oman’s first veterinary pharma project set for launch
Oman’s first pharmaceutical plant, specializing in the production of medicines for the country’s burgeoning livestock and farming industry, is set to commence operations at Al Buraimi Industrial City in the northwest of the country. Al Pharabi Company for Veterinary Medicines Agricultural Co LLC, a subsidiary of publicly-traded Al Batinah Development & Investment Holding Co SAOG, […]
Oman insurance sector expected to grow by more than 10 per cent
The insurance sector is one of the fastest growing sectors in the Sultanate of Oman. Its contribution to the gross domestic product is about 1.23 per cent, and the growth rate of insurance premiums in 2022 reached about 13 per cent. Mustafa Ahmed Salman, member of the Board of Directors of the Oman Chamber […]
Madayn inaugurates Phase One of Ibri Industrial City
The Public Establishment for Industrial Estates (Madayn) celebrated on Sunday, February 25, 2024, the inauguration of Phase One of Ibri Industrial City under the auspices of Najeeb bin Ali al Rawas, Governor of Al Dhahirah. Highlighting the significance of developing an industrial hub in Al Dhahirah Governorate, Al Rawas emphasised that this inauguration marks […]
Omani industries secure deals as Gulfood 2024 concludes
The Sultanate of Oman, represented by the Public Establishment for Industrial Estates (Madayn), successfully concluded its participation at Gulfood 2024 in Dubai, UAE. Food industry leaders, investors and producers showed keen interest in the diverse range of Omani products showcased at the Sultanate of Oman’s pavilion. Hamood al Balushi, Assistant Director General at Madayn, […]
OQGN appoints Ubhar Capital as liquidity provider
Omani financial services company Ubhar Capital has been appointed as a liquidity provider for OQ Gas Networks (OQGN), listed on the Muscat Stock Exchange, after obtaining the necessary approvals from the regulatory authorities. Ubhar Capital is the Iargesl and most diversified financial services provider in the Sultanate of Oman with more than thirty partnerships […]
First phase of Ibri Industrial City launched
The Public Establishment for Industrial Estates (Madayn) celebrated on Sunday, February 25, 2024, the inauguration of Phase One of Ibri Industrial City under the auspices of Najeeb bin Ali al Rawas, Governor of Al Dhahirah. Highlighting the significance of developing an industrial hub in Al Dhahirah Governorate, Al Rawas emphasised that this inauguration marks […]