04 July 2022


OIA to invest in BioGenomics (4)
Sunday 03/July/2022 19:19 PM By: Times News Service Muscat: The Oman Investment Authority (OIA) will invest in BioGenomics, which is specialised in manufacturing medicines in general, and various insulin medicines for diabetic patients in particular. Initially, the product will target the regional markets and then expand to European and African markets.
ODB endorses investment loans worth RO 3.5m (3)
OMAN NEWS AGENCY (ONA) Published: 4:47 PM, Jul 03, 2022 Muscat: Oman Development Bank (ODB) has approved loans for funding four investment projects to the tune of RO 3.5 million covering sectors of aviation training, education, tourism and livestock. ODB pointed out that its strategic goals accord greater scopes for Oman 2040 programmes, notably by increasing the number of financed projects that provide added value to the national economy.
'Road to Makkah' feature works by VCUarts Qatar alumni (2)
July 03 2022 10:53 PM Othman M Khunji's latest artwork. QNA/Doha Artworks by three alumni from Virginia Commonwealth University School of the Arts in Qatar (VCUarts Qatar), a Qatar Foundation (QF) partner university, are part of the exhibition titled 'Road to Makkah', at Eiwan Al Gassar Gallery St Regis. The exhibition runs until September 10.
Oman, Yemen discuss bilateral cooperation (4)
Observer Web Team Published: 1:27 PM, Jul 03, 2022 Muscat: An official session of talks between the Sultanate of Oman and the Republic of Yemen in the fields of transport, communications and information technology was convened in the governorate of Dhofar. The Omani side was chaired by Eng Said Hamoud al Maawali, Minister of Transport, Communications and Information Technology, while the Yemeni side
Inflation, recession fears keep GCC market on edge (2)
The MSCI GCC index witnessed a steeper monthly drop than last month at 9.0 per cent in June, witnessing a bigger drop than most other global equity markets, according to Kamco Invest's GCC Monthly Market report. by Issac John Published: Sun 3 Jul 2022, 10:59 PM Tracking weak global trends, the aggregate GCC stock market index declined for the second consecutive month during June-2022 as inflation and recession fears kept investors on the edge.
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