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Nawras goodwill journey 5 concludes successfully with return to Muscat today
Nawras is completing its fifth goodwill journey today after successfully accomplishing both phases over a period of two weeks. A reception party will be taking place this evening at the headquarters of Nawras in Al Athaiba...
BankDhofar sponsors Oman Women Associations’ open day at Manah
BankDhofar was the silver sponsor at the recently held open day organized by Oman Women Association in the Wilayat of Manah. The event was attended by Mr. Mohammad Al Sibani, BankDhofar Regional Manager - Dakhiliyah. The event...
Ministry of Manpower raises Omanisation rates
MUSCAT -- The decision stipulates that private sector companies and establishments should implement the prescribed Omanisation rates. The Omanisation rates cover various sectors, as follows: 35% in Information Technology (which...
Denton Wilde Sapte reprises advisory role for MENA Infrastructure fund's investment in Oman's...
Egypt: Denton Wilde Sapte continues to act as legal advisor for MENA Infrastructure Fund, picking up an instruction to advise on its second investment, in which it has taken 32.8% of the shareholding in Oman's United Power...
HSBC-led fund buys Oman power stake
DUBAI (Reuters) - A regional infrastructure fund led by HSBC Holdingson Monday said it bought a 32.8 percent stake in an Omani power project from French utilities giant GDF Suez. The MENA private equity fund, which is backed by...
Oman Mobile Upgrades 3G Network to 14.4Mbps Download Speeds
Oman Mobile has announced the launch of an upgraded 3G network that supports peak download speeds of up to 14.4MBps. The Manager of Main Services at Oman Mobile Ali Kashoub noted that the company has also expanded the coverage...
MENA Infrastructure Fund Acquires GDF Suez's Stake In Manah Power Project
French utility giant GDF Suez Group says it has agreed a deal with Dubai based MENA Infrastructure Fund to sell its 32.81 per cent stake in United Power Company SAOG (UPC), which owns and operates the Manah power project.
Ducab, cable manufacturer to take part in Saudi Elenex 2009 and GasTech 2009
Ducab, the leading manufacturer of high quality power cables in the Middle East, will be showcasing its latest products at the Saudi Elenex 2009 on May 24th – 27 in Riyadh, KSA, and the 24th Gastech, on May 25th – 28th at...
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