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Madayn Inks Cooperation Programme with University of Technology and Applied Sciences, Sur

January 13, 2021January 14, 2021 User2

Muscat, The Public Establishment for Industrial Estates (Madayn) today signed a cooperation programme with the University of Technology and Applied Sciences – Sur (UTAS) with the objective of strengthening cooperation between the industrial sector and higher education, research and innovation sector.

The …

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Trading

Three-to-Five Star Hotel Revenues Fall 61.4pc in the Sultanate

January 13, 2021January 14, 2021 User2

Muscat, The total revenues of Omani hotels in the (3-5) star category fell by 61.4% to RO 78 million until the end of November 2020, compared to RO 202 million during the same period of the previous year.

Hotels occupancy rates declined …

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Trading

MSM Declines 1 Point

January 13, 2021January 14, 2021 User2

Muscat, Muscat Securities Market (MSM) general index (30) today lost (1.6) point, comprising a decline by (0.04%) to close at (3673,45) points, compared to the last session, which stood at (3675,05) points.

The trading value today stood at (RO859,986), comprising a decline …

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Trading

Joint Meeting Discusses Job Opportunities for Omanis

January 13, 2021January 14, 2021 User2

Muscat, A joint meeting was held today between the Ministry of Heritage and Tourism, the Ministry of Labour and representatives of four-five-star hotel establishments to discuss creating job opportunities for Omanis.

The meeting discussed creating job opportunities for Omani job seekers in …

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Trading

Oman Air’s IATA Operational Safety Audit (IOSA) Registration Renewed

January 13, 2021January 14, 2021 User2

Oman Air, the national carrier of the Sultanate of Oman, has once again successfully passed the International Air Transportation Association (IATA) Operational Safety Audit (IOSA), with a remarkable result.
From 7 to 11 December, 2020, Oman Air was subject to the audit, …

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Trading

Review of Banking, Monetary Developments November 2020

January 12, 2021 Web Deks

Muscat— Data issued by the Central Bank of Oman (CBO) indicated that the total deposits held with ODCs reached RO 24.0 billion at the end of November 2020, increasing by 3.5 percent from November 2019. Meanwhile, total private sector deposits increased by …

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