Dubai Investments, a diversified company in which the sovereign wealth fund Investment Corporation of Dubai holds a stake, plans to take four of its subsidiaries public amid the continued momentum for ...

Oman Oil Marketing Company (OOMCO) and TFG Marine , the leading international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, have established a bunker fuel joint ...

Oman and Singapore – Oman Oil Marketing Company (OOMCO) and TFG Marine, the leading international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, have established a bunker ...

The move comes amid ongoing challenges for the East African Crude Oil Pipeline (Eacop), which has seen more than $500m (Shs1.8 trillion) injected by shareholders following delays in debt financing.

Oman's state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initial public ...

The steel industry is critical to global development, driving infrastructure, manufacturing, and economic growth. Among the ...

John Fredriksen and Trafigura-backed bunker supplier TFG Marine is forming a new joint venture to capture ship fuel volumes in Oman. The company said it has signed a deal to set up TFG-OOMCO with Oman ...

The new $2.6 billion Smart City in Oman challenges Dubai’s urban model with low-rise buildings and sustainable design.

The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation with Oman on January 14 and considered and endorsed the staff appraisal without a meeting on a ...

Oman has announced a significant milestone with the first shipment of copper concentrates, marking the resumption of copper export from the sultanate after a 30-year hiatus. Approximately 900 ...

Oman has achieved a remarkable improvement in its economic fundamentals. The fiscal and external positions have strengthened significantly, while nonhydrocarbon growth is picking up amid low inflation ...