Muscat, In-line with its efforts to enhance the energy infrastructure in the Sultanate, contribute to diversification of the national economy, reduce the consumption of fossil fuels (Gas & Diesel) and the reduction of Ozone-depleting gas emissions, Oman Electricity Transmission Company (OETC); member…

Muscat, Makhazen Logistics Company, which pertains to Shumookh Investment and Services – the investment arm of the Public Establishment for Industrial Estates – Madayn, signed an agreement with Nafith Logistics Services to manage and operate an integrated electronic system related to road…

Muscat, Dubai Mercantile Exchange (DME) said that Oman oil price (December Delivery 2020) reached 40.43 US Dollars. The DME statement said that the price of Oman oil today declined 1.90 US Dollar from the price of last (Friday), which was 42.33 US…

Muscat, Belham Management Industries Inc. (BMI) of international agency Fitch has said that natural gas-operated energy stations will contribute about 95% of power supplies in the Sultanate by 2029. In a recent report titled “Energy in Oman: (Q4) Fourth quarter 2020”, BMI…

Muscat, The Ministry of Housing and Urban Planning allotted a total of 11,172 residential properties across the country until September 2020, compared to 19,992 plots in the same period of 2019, which is a decrease of 44.1%, according to statistics released by the…