Economy

Wednesday 20/February/2019 18:27 PM

New law changes status of company ownership

Muscat: The new law for companies in Royal Decree 18/2019 has changed the status of company ownership for small firms, replacing individual institutions...

Wednesday 20/February/2019 17:29 PM

Pact signed for integrated gas project in Oman

Muscat: Total, the Ministry of Oil and Gas of the Sultanate of Oman (MOG), Oman Oil Company (OOC), Shell and Petroleum Development Oman (PDO) have signed an...

Wednesday 20/February/2019 16:10 PM

ODB hosts annual meeting of ADFIAP

Muscat: Oman Development Bank (ODB) on Wednesday organised an annual symposium in cooperation with the Association of Development Financing Institutions in...

Wednesday 20/February/2019 14:32 PM

Shell inks gas development pact in Oman

Muscat: An interim upstream agreement was signed detailing funding and a work programme for 2019 for the development of gas resources destined for...

Wednesday 20/February/2019 13:25 PM

Adnoc assigned AA+ standalone rating by Fitch

Muscat: The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that Fitch Ratings (Fitch) has assigned Adnoc Group a standalone credit rating of...

Tuesday 19/February/2019 15:26 PM

CBO issues treasury bills worth OMR56mn

Muscat: Oman’s central bank raised OMR56 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...