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OMCO is studying EoIs received from international mining corporations in the development of copper-gold depositsOman Daily Observer - 25-Dec-2016
The Public Authority for Mining in Oman has decided to increase royalty rates from 5 per cent to 10%.Oman Daily Observer - 01-Jun-2015
Oman Power and Water Procurement Company (OPWP) has contracts with three alternative sources of electricity to raise availability, in case of any emergency for power, but these contracts are not firm capacity commitments.Times of Oman - 11-Oct-2014
Muscat -- Oil production rates in the Sultanate witnessed an increase to the end of July 2014 compared to the same period in 2013, recording a growth rate of 1.1 per cent with 200 million barrels produced, compared with 198 million barrels produced during the same period in 2013, according to the report released by the National Centre for Statistics and Information (NCSI).Oman Daily Observer - 27-Sep-2014
MUSCAT -- Oman Oil Company (OOC) has announced its first mining venture in Oman after signing a Memorandum of Understanding (MoU) with Mawarid Mining and Oman Mining Company to develop the Yanqul Copper Project.The project is located in Al Dhahirah Governorate, 50 km north of Ibri. OOC's investment will be for an equity stake of 41 per cent upon the completion of a Definitive Feasibility Study,Oman Daily Observer - 13-Mar-2014
Changes in the global political climate have resulted in increasing uncertainty in trading markets and economies around the world. For investors, this could be either a great time to invest in assets or a better time to protect their net worth.
The UAE is embracing technology innovation with a vengeance and has seen digital payment systems become a key area of focus.