SOHAR Port and Freezone today signed a land lease agreement with Green Ferro Alloy (FZC) LLC to establish Oman’s first Silicon Metal plant in SOHAR Freezone.With a total investment of USD 68 million, this project reinforces SOHAR`s position as a globa…
Day: July 24, 2023
Tender Results of Government Treasury Bills Worth RO 27.050 Million Issued this Week
The total issuance of Government Treasury Bills amounted to RO 27.050 million. The value of the allotted Treasury bills amounted to RO 3 million, for a maturity period of 28 days. The average accepted price reached RO 99.670 for every RO 100, and the …
Spain Popular Party seeks to push for gov’t
Alberto Feijoo, leader of Spain’s right-wing Popular Party (PPC), which won most seats in Sunday general elections, said he would push for the chance to form a government as the party with the most votes.”As the candidate of the party that won the mos…
EU allocates 10 mln euro in humanitarian aid for Chad
The European Union Monday announced the allocation of 10 million euro (USD 11 million) in humanitarian aid to Chad, to help the country cope with the needs of the large number of people fleeing from the conflict in neighboring Sudan.The funding will b…
Kuwait Finance House posts KD 171.29 mln in Q2 profits
Kuwait Finance House (KFH) on Monday announced net profits of KD 171.29 million (around USD 522.4 million) in the second quarter of 2023, compared to KD 68.5 million (around USD 208.9 million) in the same period 2022, up 149.8 percent.Per share divide…
Bahrain expresses sympathy with Indonesia
The Kingdom of Bahrain today expressed sympathy with the Republic of Indonesia in the aftermath of the sinking of a ferry off the Indonesian island of Sulawesi, which left several casualties.The Ministry of Foreign Affairs expressed sincere condolences…