The Sohar-based aromatic plant of Oman Refineries and Petrochemical Industries Company (Orpic) has attained record levels in benzene and paraxylene production, which has grown by 51 percent as compared to last three year’s average ...
Tags: Textile, Orpic Aromatic Plant
Oman Cement Company has announced that one of its mills with a capacity to grind 150 metric tons per hour has developed a major technical fault and has had to be closed down. In a statement to the Muscat Securities Market, the firm said ...
Tags: Oman Cement Mill, Construction
Royal Oman Police (ROP) have arrested four nationals in relation to the recent robbery at Oman Cement Company. According to the Oman News Agency, Police said two of those arrested carried knives which were used to threaten an accountant ...
Tags: Construction, Cement
Alberto Yusi Lajud Pena, found dead in the Dominican Republic two weeks ago, was the leader of the New York cell of an international gang of cyber thieves that authorities allege stole a staggering $45 million from ATM machines around the ...
Tags: Bank Security, Computer Products
c, during which over $233,000 (OR: 90,000) was taken. In a brief statement to the Muscat Securities Market, the firm s chief executive officer Jamal Shamis Al Hooti said that burglars broke into the the firm s sales department and stole ...
Tags: Oman Cement, Cement
Oman s biggest cement producer Raysut Cement has reported a 33% increase in first-quarter profit before tax to OR9.13m from OR6.84m in the same period last year, Muscat Daily has reported. "The increase in profit is attributable to higher ...
Tags: Oman, cement producer
Oman Cement Co. has reported a 34.9% increase in net profits to $17.9m (OMR 6.9m) for the first quarter of 2013. Improved sales volumes saw the cement producer s net profit increase from $13.2m (OMR 5.1m) during the same period in 2012. ...
Tags: Oman Cement, Cement
chas said that it has received $7.8m in compensation from a contractor who was commissioned to install a clinker production line in 2011. In a statement to the Muscat Securities Market, the firm said that the contractor had also ...
Tags: Oman Cement, Cement, Construction
Raysut Cement, the largest producer in Oman, has cccfor the year ended December 31, 2012, according to the company s initial results posted on the Muscat Securities Market. Net profit rose to from $38.8m (OMR 14.95m) in 2011 to $63.7m ...
Tags: Raysut Cement, net profit, cement
Oman Cement Co has recorded a 36.7% rise in its net profit from $45.5m (OMR 17.5m) to $33.2m (OMR 12.8m) for the year 2012, according to a company disclosure to the Muscat Securities Market. Total revenue rose 17% to $154m (OMR 59.3m) ...
Tags: Oman Cement, net profit, company news
Oman Cement Co has posted a 36.7% increase in its net profit for full-year 2012 to OR17.5m, compared with OR12.8m in the previous year, Muscat Daily has reported. "The growth in net profit is mostly volume driven with some recovery in local ...
Tags: Oman Cement, cement, construction, cement price
(Muscat, Oman) -- On the back of increased government spending on infrastructure and mega projects, demand for cement is expected to grow at higher pace this year. In the Oman budget for 2013, RO 600 million has been earmarked for roads ...
Tags: Cement, Cement Demand, Further Rise
Mr Darwish bin Ismaeel al Balushi minister Responsible for Financial Affairs said that Oman's ambitious National Railway System will be implemented with funding support pledged by fellow members of the Gulf Cooperation Council. Mr Al ...
Tags: Oman, National Railway System, GCC, rail project
Reuters cited a transport ministry as saying that Oman has awarded US firm Hill International a 2 year contract worth USD 108.5 million to supervise the expansion of Muscat's international airport. Hill International will replace Danish ...
Tags: Hill International, Oman Airport, Mineral, Metallurgy
A Midas PRO6 console has been supplied to Abu Dhabi's iconic Heritage Theatre, making it the latest high-profile venue in the Middle East to invest in a Midas console. Chicco Hiranandani, business development manager at Midas's Middle ...
Tags: Abu Dhabi, Midas, Heritage Theatre, Midas console