September 27th, 2018 | 0 commentsThe turnover from Oman’s tourism sector in 2017 stood at OMR1.25 billion, according to a special bulletin prepared by National Centre for Statistics and Information (NCSI) on World Tourism Day (September 27). Of this OMR342.3 million, or 27.4 per cent, was from inbound tourists, while the remaining OMR909.1 million, or 72.6 per cent, was...
September 26th, 2018 | 0 commentsOman’s central bank raised OMR35 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days, from September 26, 2018 until December 26, 2018. The average accepted price reached 99.471 for every OMR100, and the minimum accepted price arrived at 99.425 per OMR100. Whereas the average disco...
September 25th, 2018 | 0 commentsRich in nature, culture and emerging good facilities and services, Salalah is making strong ground for an emerging conference tourism destination in the region. The trend, which had started some 10-15 years ago with some annual regional and national events, set its foot this monsoon (Khareef) season with different halls of the city becomi...
September 23rd, 2018 | 0 commentsThe Ministry of Transport and Communications is currently implementing a number of road projects in different governorates of the Sultanate with a total cost of RO 1.909 billion. Many of those projects have reached an advanced stage of implementation. The first phase of Al Sharqiyah Expressway is scheduled to open in the middle of the nex...
September 20th, 2018 | 0 commentsThe Tender Board has awarded contracts worth more than OMR35 million. This came at the Board’s fifth meeting for the year chaired by Dr Rashid bin Al Safi Al Huraibi, chairman of the Tender Board. The total value of projects awarded stood at OMR35,170,977. The most important projects included supply of medicines, vaccines and serums for t...
September 17th, 2018 | 0 comments Millennium Hotels and Resorts, Middle East and Africa continues its successful expansion strategy by announcing the opening of the 5-star 285-key Millennium Resort Salalah. The opening of Millennium Resort Salalah marks the fourth property operated by Millennium Hotels and Resorts in Oman, including Grand Millennium Muscat, Millennium Ex...
September 16th, 2018 | 0 commentsRAK Petroleum, the UK-registered and Oslo-listed oil and gas investment company, has announced a consolidated net profit of $31 million for the first six months of the year compared to a full year figure of $54.8 million last year. The company holds a 40.45 per cent interest in DNO, also listed in Oslo, an exploration and production compa...
September 13th, 2018 | 0 commentsThe number of visitors to the Salalah Tourism season at the end of the 11th week (June 21 to September 5, 2018) reached 811,170. The arrival of tourists increased by 28.7 per cent compared to the same period in 2017, which was 630,234. According to the latest statistics released by the National Centre for Statistics and Information (NCSI)...
September 11th, 2018 | 0 commentsThe Special Economic Zone Authority of Duqm (SEZAD) kicked off its road-show in Japanese capital here yesterday, September 10, aimed at attracting Japanese investment to Oman’s biggest industrial and maritime hub overlooking the Arabian Sea. Yahya bin Saeed al Jabri, Chairman of the SEZAD, is leading the Omani delegation, which includes r...
September 6th, 2018 | 0 commentsRoad Ventures, will host a ‘Start-up Competition’ during the IRU World Congress with a chance to win US$100,000 in equity investment and an opportunity to gain exposure with potential investors. Organised by the International Road Transport Union and hosted by Asyad in collaboration with the Ministry of Transport and Communications from N...