Monthly Archives: May 2020

Amin Renewable Energy Company Starts Commercial Operation for PDO Power Plant

Muscat, Petroleum Development Oman’s (PDO) landmark 100-megawatt Amin Photovoltaic Power Plant has now achieved a key milestone with start of commercial operations, having been successfully commissioned three months ahead of schedule and passing the acceptance test procedures.

The Independent Power Producer (IPP) …

FDI Grows 6 Per Cent in the Sultanate till End of 3Q of 2019

Muscat, The total foreign direct investment (FDI) in the Sultanate till the end of the third quarter of 2019 hit RO 11.04 billion, recording a growth of 6 per cent, compared to the same period of the previous year 2018, when it …

MSM Gains 23 Points

Muscat, Muscat Securities Market (MSM) general index (30) today added (23.78) points, comprising a rise by (0.675%) to close at (3544,58) points, compared to the last session, which stood at (3520,80) points.

The trading value today stood at (RO1,238,579), comprising a decline …

Transport Ministry to Apply Best Global Practices to Shipping Sector from Tomorrow

Muscat, The Ministry of Transport today issued Circular No. 14/2020 stipulating the application of the best global practices to shipping sector operations. The circular also incorporates systems of maritime agents and cargo brokers into the one-stop electronic window, “Bayan”.

This comes in …