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133 news items from Oman. Show all
Shinas Port has signed an agreement with Zuhoor Al Khaleej Company to build fuel tanks and manage supply and storage services at the port, according to the Oman News Agency. The deal, valued at USD 66.2 mln, includes…
Madkour Group, an Egyptian infrastructure developer, has secured a contract to build a significant grid station that will facilitate power evacuation from a new wind farm in Jaalan Bani Bu Ali, located in Oman's Al…
Oman's Al Jazeera Steel Products Co. reported significant profit growth for the first nine months of 2024, with profit reaching OMR 3.9 mln (USD 10.1 mln), a 62pct increase YoY, driven by strong construction demand in…
Galfar Engineering & Contracting, one of the largest construction companies in the Middle East, has announced that it has been awarded a road works contract worth USD 119 mln by the Ministry of Transport, Communications…
Vale, a leading iron ore miner, and China's Jinnan Iron & Steel Group have announced a partnership to establish Oman's first iron ore concentration plant at Sohar Port and Freezone. With an initial investment of over…
Omani steel producer Al Jazeera Steel Products Co. SAOG reported a substantial 62pct YoY increase in net profit for the first nine months of 2024, according to its unaudited financial statement. The company's net profit…
India's Jindal Steel Group is set to acquire Vitkovice Steel, a leading steel plate producer in the Czech Republic, in a move that will positively impact the Vulcan Green Steel project currently under construction in…
Oman's Ministry of Housing and Urban Planning has signed contracts worth USD 590 mln for the infrastructure development of Phase I of Oman's mega Sultan Haitham City project. Spanning an area of 5 mln sq m, Phase One of…
The US Department of Commerce has concluded its administrative review of the antidumping order on circular welded carbon-quality steel pipe from Oman and determined that Al Jazeera Steel Products, the sole producer…
The Ministry of Transport, Communications, and Information Technology (MTCI) has signed an agreement for the Al Mughsail Road Bridge project in Salalah. The OMR 9 mln (USD 23.3 mln) project aims to enhance traffic flow…
Al Mouj Muscat, a leading integrated tourism complex in Oman, has awarded the second phase of the Al Mouj Business Park development to Oman Shapoorji Company. As part of the larger Al Mouj Muscat community, the Al Mouj…
Oman-based Galfar Engineering & Contracting has announced that it has secured a civil works contract from Occidental Oman (Oxy), an oil and gas exploration and production company, worth USD 48 mln. The entire contract…
The US Department of Commerce has preliminarily determined that Al Jazeera Steel Products sold circular welded carbon-quality steel pipe from Oman below market value in the US. This finding pertains to sales made during…
Vale S.A. has reached a definitive agreement with the private equity investment firm, Apollo, under which Apollo-managed affiliates, funds, and long-term investors will invest USD 600 mln to acquire a 50pct interest in…
Oman-based Galfar Engineering & Contracting said it has secured a contract worth USD 91 mln from Nama Dhofar Services Company for the expansion of the third phase of Raysut water reclamation plant in the Dhofar…
Oman's Al Jazeera Steel Products Co. has ordered two tying machines from ATS Mechatronics, a division of the AIC Group. The TMB400 tying machine boasts the fastest tying cycle on the market at 6.8 seconds. While the…
Oman Tourism Development Company (Omran) has invited expressions of interest (EoIs) from leading engineering and construction firms for the development of a luxury 5-star property as well as other related facilities…
Douglas OHI, a leading regional construction and engineering group in Oman, has initiated the construction of temporary office facilities and essential utility infrastructure, signaling the start of preparations for the…
Nama Power and Water Procurement Company, the sole buyer of power and water output in the Sultanate of Oman, has prequalified nine international companies to participate in the competitive tender for the development of…
Oman's Vulcan Steel and Volkswagen AG have signed a Memorandum of Understanding (MoU) to partner on producing low-carbon steel, a key element of Volkswagen’s green steel strategy. This partnership will see up to 300,000…
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