Oman GDP growth is expected to rise to 5.2% in 2018, aided by the natural gas production at the Khazzan gas field and the opening of the new airport.
Mazoon Dairy laid the foundation stone and began the main construction works for its flagship OMR100mn dairy project in Al Sunayah in the Sultanate.
One of the biggest ship repair yards in the Middle East, Oman Drydock Company, has appointed Stephan Aumann as the new chief executive officer (CEO).
Oman's Sohar Port and Freezone aims to develop the worlds first self-sustaining freezone cluster that will serve as a hub for innovation.
Oman Shipping Company (OSC), wholly owned by the Sultanate of Oman, successfully raised $227mn to finance its purchase of 10 new medium range tankers.
Oman's Sohar Port and Freezone has reported that container traffic at the port was up 15% in 2016 compared to 2015, despite generally lower revenues
Petroleum Development Oman (PDO) signed a $1.2bn contract with Japanese supplier, Sumitomo, to supply piping for its drilling operations through Duqm.