Monthly Archives: March 2018

Real Estate Deals Surge 25 Percent to RO565 Million

Muscat, Real estate market in the Sultanate is recovering with sale deals showing a robust growth in the first two months of 2018.

Reflecting the market trend and investor sentiment, the total value of property deals in the country during …

Energy, Mining Labs Syndicate, Review Proposed Projects, Solutions

Muscat, The energy and mining labs are being held for the third consecutive week at the Oman Oil and Gas Institute, which is organised by the Ministry of Oil and Gas and the Public Authority for Mining (PAM).

The labs …

More than 17,000 Cement Consignments Registered in 2017

Muscat, The Ministry of Commerce and Industry pointed out that the number of cement consignments that were registered by the Directorate General for Standards and Metrology in 2017 stood at 17,881.

Eng. Idris bin Hassan al-Sinan, Civil Engineer at the …

Active Establishments Increase to 16726 till February

Muscat, The number of active establishments covered by the social insurance system increased to 16726 establishments due to the increase of the youth tendency to open private projects, according to the latest statistics issued by the Public Authority for Social …

Over 15,000 Commercial and Industrial Transactions Registered in A’Dakhiliyah Last Year

Muscat, The number of industrial and commercial, intellectual property, standards and specifications transactions that has been received by the Directorate of Commerce and Industry in the Governorate of A’Dakhiliyah in 2017 stood at 15,751.

Abdullah bin Saif al-Shandodi, Director of …

Banking Sector Achieves Reasonable Growth in the Sultanate

Muscat, The banking sector in the Sultanate continued to witness a reasonable growth and supported the economic diversification initiatives including credit needs of all segments with added emphasis towards the SME’s sector.

The total outstanding credit extended by other depository …