An agreement to recover and manage the construction and demolition (C&D) waste generated from the demolition of approximately 9,500 houses for the Batinah coastal road project was signed on Monday between be'ah and the Ministry of Housing.
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be'ah signs waste management pact with Ministry of Housing for Batinah coastal road project
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Gulf internet penetration rates on growth track
The internet penetration rates in the Gulf Cooperation Countries (GCC) will increase from 54.99 per cent last year to 66.82 per cent by 2017, according to a new study revealed on Tuesday.
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World Bank: Closing the Feedback Loop : Can Technology Bridge the Accountability Gap? (19-May-14)
“Gigler, Bj?rn-S?ren; Bailur, Savita. 2014. Closing the Feedback Loop : Can Technology Bridge the Accountability Gap?. Washington, DC: World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/18408 License: CC BY 3.0 IGO.”
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Bank Nizwa keen to bring Islamic finance into mainstream
Reflecting on Bank Nizwa's progress as it journeys through its second year of operations, chief executive officer Dr Jamil el Jaroudi, said, "Our recent financial results highlight our achievements in succeeding in our strategy to be the leading Islamic bank in Oman."
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Omani investors can drive growth of ITCs, says The Wave, Muscat CEO
Speaking at the recently concluded two-day inaugural Oman Real Estate Conference and Expo 2014, held under the patronage of H H Sayyid Shihab bin Tariq Al Said, Adviser to His Majesty the Sultan, Hawazen Esber, CEO of The Wave, Muscat outlined the opportunities and challenges facing integrated tourism complexes (ITCs) in Oman to over 150 industry professionals.
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Oman exports total RO1.8bn in January
The value of Omani exports, which includes oil and gas, non-oil products and re-exports, totalled RO1.77bn in January 2014, a decline of 8.1% compared with RO1.92 billion in January 2013.
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Three firms vying for package 2 of Batinah Expressway project
Three construction companies have submitted bids for package-2 of the sultanate's ambitious Batinah Expressway project, with Indian construction giant Nagarjuna Construction Co's Oman subsidiary, Nagarjuna Construction Co International LLC, turning in the lowest bid, according to information on the Tender Board website.
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Tenders for Oman's Duqm Port terminals to be floated soon
The Special Economic Zone Authority at Duqm (SEZAD) is expected to shortly float tenders for the development of infrastructure linked to the establishment of a number of commercial cargo terminals at Port of Duqm.
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Oman Agriculture Development Company receives OMR10m compensation
The Oman Agriculture Development Company said that the company has received OMR10.34 million from Diwan of Royal Court as full and final settlement of compensation to vacate its Sohar site, said a disclosure statement posted on MSM website.
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Oman gears up to secure in-country value wealth
Omani companies, and especially those at the small or medium-sized end of the business spectrum, may be in line to gain a far greater share of the country's economic activity.
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SACE pledges USD100m for Sohar refinery improvement
Italian export credit agency SACE has pledged USD 100 million allocated by HSBC Bank for financing the modernisation of Sohar Refinery, owned and operated by Oman Oil Refineries and Petroleum Industries (ORPIC).
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ProjectOman-TransOman moved to 2015
Owing to conflicting schedules of exhibitors who wished to participate in ProjectOman-TransOman 2014 but had to pull out due to prior engagements, OITE Trade Fairs, after consulting with participants, has announced change of dates for ProjectOman-TransOman.
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Oman's foreign policy hailed as balanced
His Highness Sayyid Fahd bin Mahmood al Said, Deputy Prime Minister for the Council of Ministers, received at his Office yesterday Dr George Vella, Foreign Minister of Malta, who conveyed greetings and best wishes of the leadership in Malta to His Majesty Sultan Qaboos.
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RO40m for dualisation of Taqah-Mirbat road in Oman
The Tender Board yesterday awarded projects worth RO 44,406,559 (RO 44.4 million) including the dualisation of Taqah-Mirbat road in the Governorate of Dhofar at a cost of RO 40,483,055.
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Oman, Bulgaria plan to sign key taxation treaty
Oman and Bulgaria expect to sign a double taxation avoidance treaty in September this year, as both countries are in negotiations to finalise the treaty, said Antoaneta Petrova of Bulexpo AA & Co.
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ProjectOman, TransOman postponed
Owing to conflicting schedules of exhibitors who wished to participate in ProjectOman-TransOman 2014, but could not be present in Oman due to prior engagements, OITE Trade Fairs, after consulting with participants, agreed to postpone ProjectOman-TransOman.
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GCC smart cities need lasting IT plans
As the GCC ramps up its smart city ambitions, sustainable IT plans are needed to store and secure sensitive data, according to an industry expert.
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Oman on its way to a 'new growth model, says QNB
Oman is on its way to a new growth model with the non-hydrocarbon sector driving economic growth in the sultanate, QNB has said in a report. Figures released last month showed a nominal GDP growth of 2.8%.
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Galfar seen winning major Taqah-Mirbat dualisation project
Galfar Engineering and Contracting Company, one of the largest contracting firms in the Gulf region, may have bagged the Taqah-Mirbat dualisation project in Dhofar region.
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'Islamic banking will grow faster than conventional banking in Oman'
In an exclusive interview with Muscat Daily, Christos Papadopoulos, Standard Chartered regional CEO for the Middle East, North Africa and Pakistan and chairman of Standard Chartered Saadiq, the Islamic banking segment of the bank.
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