MUSCAT: Canada Business Holdings Inc (CBH), a Canadian project development and investment company, has announced plans to explore energy-related investment opportunities in the Sultanate of Oman. Ottawa-based CBH said in a statement that its interest in Oman follows a decision to formally close its development file for a proposed petroleum refinery project in Tunisia for […]
BUSINESS REPORTER MUSCAT, JULY 8 Oman Investment Authority (OIA) and the Jordanian Social Security Investment Fund (SSIF) have signed an agreement to launch the Omani-Jordanian strategic partnership to mark the beginning of a new phase of joint investment cooperation between the two brotherly countries and to enhance the established historical ties and growing economic relations […]
BUSINESS REPORTER MUSCAT, JUNE 30 Oman’s Platform for Smart Manufacturing (Ectron), a subsidiary of the National Energy Centre (NEC), has signed a strategic partnership with France’s Sagemcom to localise the production of smart metering technologies and strengthen the Sultanate of Oman’s advanced manufacturing sector. The agreement was signed by Salah Abdullah al Zakwani, Chief Executive […]
TOKYO: The dollar held gains against major peers on Thursday as markets positioned for key central bank decisions in Britain, Europe and Japan. Sterling remained under pressure after an unexpected drop in UK inflation strengthened the case for a rate cut by the Bank of England. The yen pared losses from the previous session as […]
FMC-Ferrometalco, a leading Egyptian steel fabrication and construction company, has signed an agreement to invest in the establishment of a major facility specializing in the fabrication of steel structures at the Special Economic Zone at Duqm (SEZAD). The project forms part of a portfolio of investments announced earlier this week by the Public Authority for […]
