Iran and Oman are set to launch a new direct shipping route between their ports in the Persian Gulf in a move to help boost economic ties between the two countries, said Iran’s ambassador to Muscat.

Addressing a gathering of 120 Iranian and Omani businesspersons in Muscat on Wednesday, Mohammadreza Nouri Shahroudi said the new line will go on stream within the next two weeks, reported Mehr News Agency.

He"...

Muscat: The Capital Market Authority (CMA) organised a workshop on the new Commercial Companies Law (CCL) in collaboration with Oman Chamber of Commerce and Industry (OCCI) at the Diplomatic Club, Muscat, on Wednesday.

The event was attended by senior officers and representatives of public joint stock companies, audit firms, law firms, stakeholders and the media.

The workshop focused on the changes in the new law and the objects of the legislature in drafting the law and the spirit of the law as well"...

Nama Holding, the holding company of state-owned power sector entities, has exhorted local Omani businesses to participate in the landmark privatisation of its transmission and distribution subsidiaries.
The appeal was made at a workshop hosted by Nama Holding jointly with the Oman Chamber of Commerce and Industry (OCCI), at the Kempinski Hotel Muscat yesterday. High-level executives representing a number of private Omani business houses attended the event.
In opening remarks, Omar al Wahaibi, CEO — Nama Holding,"...

MUSCAT: Hormuz Grand Muscat, a Radisson Collection Hotel, has received the HACCP certification (Hazard Analysis and Critical Control Point), a globally recognised Food Safety Management System certification. This scheme is also recognised in Oman as a major food safety initiative for any food establishment including hotels, restaurants and catering organisations. The award was presented by John Rosario, Certification Manager from Bureau Veritas Oman to Panos Panagis, General Manager & District Director Radisson Hotel Group"...

Muscat: Duqm Refinery is participating in the third edition of Oman Downstream Exhibition and Conference (ODEC) as a Co-host. The event was held under the patronage of Hamed bin Khamees Al Amri, Undersecretary of the Ministry of Manpower at the Oman Convention & Exhibition Centre from April 15-17.

Duqm Refinery’s participation in the exhibition and conference is to highlight project progress and to showcase the business opportunities ahead for local small and medium enterprises (SMEs). The event received"...

Muscat: The Board of Directors of the Public Establishment for Industrial Estates (Madayn) has agreed to grant Al Buraimi Industrial City additional investment incentives and advantages.

This is in order to encourage investors and business owners to develop their projects and benefit from the industrial city’s characteristics, informed Eng. Abdullah bin Ahmed Al Mayasi, Director General of Al Buraimi Industrial City.

This comes in continuation of the efforts undertaken by Madayn to create an"...