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The exit plan espoused by the Oman Investment Authority (OIA) continued to achieve good results that are consistent with the strategic vision set by the OIA as part of its efforts to empower the private sector and attract foreign investments. The plan, which motivates corporate growth, aligns with Oman Vision…
OIA makes headways in exit plan
Oman's OQ Gas Networks (OQGN), the pipelines business of state oil giant OQ, said on Monday it planned to float up to 49% of its shares.
Oman's OQ Gas Networks (OQGN), the pipelines business of state oil giant OQ, said on Monday it plans to float up to 49% of its shares, in what is expected to be the biggest initial public offering in the Sultanate in almost two decades. The offering, which begins this month, will provide investors with access to growth in the company that holds a natural monopoly over essential gas transportation in the country, the company said in a statement.
Exports of a range of refined petroleum products from Duqm Refinery (OQ8), currently nearing completion at the Special Economic Zone (SEZ) in Duqm,...