Omantel lauds Marseille aid in colossal cable project

Oman Telecommunications Co. SAOG — known as Omantel — announced recently in Muscat the completed submerging of its 25,000-km cable system in Marseille, France, successfully connecting Hong Kong to Singapore, Africa and Europe, all via Oman. With the project’s “landing,” the top telecom provider for the sultanate has created a significant shortcut between Europe and the Far Eastern nations. Read More »

Oman convention center, bureau to open in August

Oman’s Tourism Ministry and the Oman Convention and Exhibition Centre (OCEC) of Muscat announced the planned openings in August of a new center and a convention bureau. "Oman is quickly gaining a reputation as one of the world's most exciting meeting, convention and exhibition destinations with the catalyst being ... the OCEC,” Ministry of Tourism Undersecretary Maitha Al Mahrouqi said. Read More »

OIFC, Ooredoo sign debt recovery deal in Oman

Oman Investment and Finance Co. (OIFC) and Ooredoo recently agreed to collaborate in debt collection services, building on a previous contract and the convenience afforded by OIFC branches and bill payment machines throughout Oman. By combining their resources, the two companies can increase convenience for customers who now will be able to pay bills at any of OIFC’s 45 branches.. Read More »

SATS, Oman Air sign Muscat airport cargo handling deal

SATS Ltd., Asia’s leading provider of gateway services and food solutions, signed an agreement with Oman Air to handle cargo at Muscat International Airport. The joint venture, Oman SATS Cargo LLC, will begin operations within the second quarter of 2016. It will be the sole cargo handling services provider at the Muscat International Airport’s current cargo facility. Read More »

Oman's Bank Nizwa celebrates milestone year

Bank Nizwa, Oman’s first dedicated Islamic bank, told its shareholders at its recent annual general meeting that 2015 was a milestone year and the bank reached a break-even point in addition to growing its financing portfolio by 99 percent compared to the prior year. Bank Nizwa Chairman Sayyid Amjad bin Mohammed Al Busaidi presented the financial performance for 2015 at the meetin Read More »

Oman Air names winners of media awards for travel writing

Winners of the 2016 Oman Air Media Awards were honored during ITB Berlin,the world’s leading travel trade show. The awards recognize exceptional work among the German and Switzerland media pertaining to travel-related writing about Oman Air and the Oman area. "We would like to offer our sincere congratulations to each of the four winners," Oman Air CEO Paul Gregorowitsch said. Read More »

Omantel partners with Oman Racing Team to expand brand reach

The Oman Racing Team recently announced a new commercial partnership with Omantel specifically geared toward the countdown to racing champion Ahmad Al Harthy’s 2016 racing season. The announcement recognizes one of two of the new partners backing the Aston Martin Middle East and North Africa Ambassador this year. “It is such an honor to be partnering with Omantel,” Al Harthy said. Read More »

Ominvest named a diamond sponsor for Oman Economic Forum

The Oman International Development and Investment Company Co. SAOG (Ominvest) was named a diamond sponsor for the Oman Economic Forum on March 23 and 24. This year's forum, titled "Oman: a Bridge between Asia and GCC," will discuss the most recent developments within the economy. The leaders will also discuss current investment opportunities and Omani-Asian economic relations. Read More »

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