OQGN’s record-breaking IPO lists on Muscat Stock Exchange

OQ Gas Networks SAOG (OQGN) has successfully made its debut on the Muscat Stock Exchange (MSX), becoming the largest-ever initial public offering (IPO) in the Sultanate of Oman.   The listing took place under the auspices of Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. Also present were Shaikh Abdullah bin Salem […]

Infrastructure and building materials exhibition opens

Project Oman 2023 , the international construction technology, infrastructure and building materials exhibition opens its doors for 2nd time at the Oman Convention and Exhibition Centre. The opening ceremony was graced by HH Sayyid Shihab bin Tarik al Said, Deputy Prime Minister for Defence Affairs.   Over the course of three days, Project Oman 2023 […]

Oman LNG signs major shareholder agreements

  Oman LNG signed multiple shareholder agreements yesterday in Muscat in the presence of Minister of Energy and Minerals, Eng Salim bin Nasser al Aufi.   In his keynote address, Al Aufi shared the following, “It’s been quite a journey over the last probably 18 or 20-plus months since we started approaching the market to […]

SOHAR Freezone signs Open Yard Car Storage Hub expansion deal

SOHAR Port and Freezone has signed an agreement with The Middle East Group (SFZ) for the expansion of their Open Yard Car Storage Hub in SOHAR Freezone. This expansion demonstrates SOHAR Port and Freezone commitment to strengthening logistics capabilities and enhancing import and re-export operations. Originally established as a dedicated hub for automotive brands, this […]

Oman’s OQ Gas Networks expected to price IPO at top of range

Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, is expected to price its $771m initial public offering (IPO) at the top of the marketed range, according to terms seen by Reuters. Orders below 140 Omani baisas ($0.36) per share risk missing out on the deal, one of the banks on […]