The investment subsidiary of Oman Oil Company, Takamul Investment Company, is joining with CoreSulphur, one of the world’s leading providers of technology, to create a new, major, sulphur bentonite and micronutrient facility near the Port of Sohar in Oman. New Company Sohar Sulphur Fertilizers The complex will be owned and operated by these companies along…
Category Archives: Trade Partnerships
Intex Cellphones Enter Oman Market
Mobile phones from Intex are now available in Oman. They are available at Emax, Muscat City Center as of this past Monday. Clive Freeman the general manager of Landmark Group spoke to this development in introducing Intex phones into the Omani marketplace: “This exclusive partnership is a matter of great pride and brings a wider…
Peugeot Oman Launches Latest Peugeot 3008
This summer the Sultanate of Oman will be able to experience first-hand the advantages and pleasure of driving the all-new Peugeot 3008, a realization of a concept incorporating spaciousness and compactness into one unique vehicle. The Peugeot 3008 will be introduced this summer and all those who purchase it will receive a 5 year warrantee…
BMW Sales Surge in First Half of 2011 in Middle East
BMW topped their record 2010 sales year with an even better showing in the first half of 2011. The high-end auto distributed by the BMW Group Middle East posted a 13% increase in sales compared to the same time period last year. Total sales amounted to 9,134 BMW and mini vehicles in 14 separate markets…
China Surpassing Japan in Economic Outlook
While all eyes have been on Japan’s economic outlook for years, it’s time to turn that perspective towards China. As many investors such as ARC Investment Partners understand, China is actually expected to surpass Japan as the world’s top consumer of luxury goods by 2012, and this is just one example of their economic momentum. …
Double Taxation to End between Oman and the Philippines
The Sultanate of Oman and the Republic of the Philippines are in the process of negotiating an agreement which will end double taxation between them in order to boost bi-lateral trade. Tax Agreement Coming Soon Spokesman for the Philippine embassy in Muscat, Omar M. Pangarungan explained that the countries are about to begin their second…
Oman’s Photocentre to Distribute Olympus Products
Photcentre will become the official distributor of Olympus digital cameras, binoculars and dictation products in the Sultanate of Oman, it was announced by Olympus Europa GmbH at the beginning of the week. Roman Askari, the head of Sales and Marketing for the Middle East for Olympus Europa, headquartered in Hamburg, Germany, gave the following statement:…
Codeshare Deal Forged Between BMI and Oman Airlines
Codeshare Deal Finalized The second largest airline based in Heathrow Airport in London, British Midland International, BMI Airways, has sealed a codeshare deal with Oman Air which is designed to allow passengers to reserve flights from the UK to the airport in Muscat. The new arrangement will include flights originating in the British cities of…
What If the Oil Stops Flowing from Oman Too?
As tensions in the Middle East continue to rise, concern about the political stability in Oman is mounting. Unrest in the sultanate has not yet reached the levels seen in countries such as Libya or even Bahrain, with only 2 deaths which can be attributed to clashes between demonstrators and security forces, but there are…
Britain Stages Rescue Missions for Britons Stuck in Libya
British nationals who found themselves stranded in Libya as a result of the escalating crisis there were rescued last night in the second daring mission conducted last night by members of Britain’s Special Air Service and Special Boat Service. 150 people were taken to Malta aboard three RAF Hercules airplanes after meeting at remote locations…