Oman Resumes Copper Exports After Three Decades

MUSCAT: Oman has officially resumed its copper exports, marking a significant milestone for the nation after a hiatus of over three decades. This achievement underscores the Sultanate’s commitment to diversifying its economy and promoting sustainable industrial practices. The inaugural shipment of 900 tons of high-quality copper concentrates, ranging from 18% to 22% in concentration, was…

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Sohar International Raises RO 130 Million In 2024 Rights Issue

SOHAR: Sohar International has successfully concluded its 2024 rights issue, raising RO 130 million. This capital raise strengthens the bank’s financial position and supports its future growth initiatives. The rights issue is among the largest in 2024 on the Muscat Stock Exchange (MSX), reflecting strong investor confidence. The funds raised will be directed toward enhancing…

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