October 18, 2000
Oman appears set to join the World Trade Organization shortly, a step which would remove its trade barriers. Earlier this year, Omani officials announced that the main obstacles to WTO membership had
Indicators: 1998 1999 2000e Nominal GDP (US$bn) 14.2 14.5 15.3 GDP real growth rate (%) -10.2 1.6 4.0 Inflation (%) -5.7 0.7 1.2 Total Exports (US$bn) 5.51 6.00 -- Total Imports
The Mukhaizna field, discovered by Petroleum Development Oman over 25 years ago, began producing oil on Friday, 30 June, 2000. The field is expected to produce 10,000 barrels a day (b/d) by the end of
One of the first applications of solid expandable tubular technology, which promises a revolution in drilling and well engineering, has been carried out by Petroleum Development Oman (PDO) in one of i
With historically high oil prices and strong overseas markets, Oman’s economy is reaping the benefits. The value of oil related activities in the Sultanate were up 93.7 percent in the first half of 20
With historically high oil prices and strong overseas markets, Oman’s economy is reaping the benefits.
October 17, 2000
Oman has managed to obtain $410 million in financing from a consortium of international banks to finance two natural gas pipeline projects. Both originate in central Oman, with one leading to the nort
The Omani Center for Investment Promotion and Exports Development (OCIPED) is planning to hold promotional seminars on November 6th and 9th in Taiwan and Singapore, to provide Omani companies with the
October 16, 2000
The construction of two natural gas pipelines in Oman is now much closer to realization – a much needed “boost in the arm” for the industrialization of Oman.
October 15, 2000
Sultan Qabus inaugurated Saturday a 2.5 billion dollar liquefied natural gas (LNG) complex, a major boost to the Gulf state's economy.
Sultan Qabus inaugurated Saturday a 2.5 billion dollar liquefied natural gas (LNG) complex, a major boost to the Gulf state's economy, the ONA news agency reported.
October 13, 2000
Oman has decided to shut its commercial representation in Tel Aviv and Israel's trade office in Muscat. The measure was taken to support the Palestinian cause against Israel.
October 12, 2000
Oman has decided to shut its commercial representation in Tel Aviv and Israel's trade office in Muscat, in yet another setback for the Middle East's b
The Omani Ministry of National Economy recently issued a bulletin regarding the unloading of cargo at the various ports of Oman. This bulletin, reported by <I>Asia Pulse</I> and ONA, stated that betwe
October 11, 2000
The World Trade Organisation's governing body gave the green light on Tuesday to Oman to join the global trade body. A 30-day period must now follow the ratification and the country is expected to bec