Oman’s biggest Pilot Solar Project by Renaissance commissioned in Fahud
Renaissance’s innovative project consists of 4,000 polycrystalline solar panels designed as 10,000 square metres of shaded car parking and will generate 2.2 million kWh of renewable energy annually

Oman: ahlibank net profit after tax rises by 12.5 per cent to OMR6.82 million
Net profit after tax increased by 12.5 per cent to OMR6.82 million, as compared to OMR6.06 million during the same period last year

Oman's share index slide continues
Monday’s top gainer was Al Madina Investment, up by 6.56 per cent while Al Hassan Engineering, down by 2.52 per cent, was the top loser for the day.

Alpen Capital bags major recognition
Company was awarded the CSR Label for the fourth consecutive year. Alpen Capital received the honour from Hamad Buamim, President and chief executive officer, Dubai Chamber of Commerce and Industry

More in Business
Mobile apps are the new face of businesses: Oracle survey
They risk alienating the millennial generation and seeing their competition pull ahead with a more convincing mobile offering.
Regional companies need to focus on new storage system
As the number of connected devices continues to soar, the volumes of data being collected will rise exponentially, leaving traditional storage systems at risk of being overloaded
Number of family offices in Asia, Middle East to double
Driven by the region’s economic expansion, the number of wealthy individuals is expected to rise 40 per cent by 2023, Prahl, executive director at Insead said in Singapore
Cyprus keen to boost bilateral trade, woos Omani investors
Given the strategic location of both countries, there is great potential for cooperation in sectors like including mining, construction, manufacturing and pharmaceuticals, Cyprus ambassador said
Iran, Oman agree to launch shipping line next month
Based on the agreement, a new shipping route will be created between Iran’s southern port of Shahid Rajaee and the Omani port city of Sohar from next month
Oman Insurance Company unveils new brand identity
This new visual identity presents a sense of individuality that sets OIC apart from its competition. It highlights company's focus on customer relationship, friendly service and innovative products.
Key study reveals GCC executives are at high risk of privacy breaches
Study has shown that security breaches in the GCC are on the rise, with one in five participants being aware of a privacy violation in the past 12 months. I
Low IT security spend in region leaves businesses open to cyber attacks
There’s a significant urgency in the borderless enterprise model, where IT departments don’t always control the entire delivery path, but are expected to fix if something goes wrong.
Long-term spending drives Bahrain’s economic growth
Solid economic fundamentals underpin strong growth of 4.9 per cent in Bahrain’s non-oil sector in the year 2014
Energy industry’s talent hunt emerges as a chronic problem
Shortage of talent in the industry is no longer just an issue for the human resource department; it is now a central agenda for C-suite executives
Oman's share index ends lower
Sunday’s top gainer was Renaissance Services, up by 2.13 per cent while Gulf Investment Services, down by 5.19 per cent, was the top loser for the day.
VIDEO: Cyprus keen to boost trade ties with Oman & other stories

UK eyes further investment in Oman’s free zones
Omani-British Friendship Association is organising an investment conference in July in London to expand their presence in Oman’s free zones
Oman’s economy ‘stable’ despite drop in oil prices
Central Bank of Oman expects a five per cent growth in 2015, which is very close to the figures reported in 2014. Good indicators
MSM-listed banks’ first quarter profits rise 10 per cent to OMR81 million
Eight listed banks grew by 10 per cent to cross OMR81.7 million during first quarter 2015, compared to almost OMR74 million during the same period last year.

Palm Mall: $25m project to showcase Oman’s marine, desert life
Spread over two floors, the oceanarium will be opened in the first quarter of 2017
Do you need an NOC to re-enter Oman as a tourist? Our legal expert answers
There are instances that many people without NOCs who have cancelled their visas and later obtained resident status in neighbouring countries have re-entered Oman through road without facing obstacles
Time to pay more for road offences in Oman, says ROP
Jail terms ranging from 10 days to three months and a fine of up to OMR500 could be imposed on reckless drivers
Four workers trapped as debris from mountain falls on them in Oman
Civil defence officials rushed to the spot to rescue the trapped workers.
ASEAN members fail to unite in South China Sea dispute with Beijing
A draft statement prepared before the Association of Southeast Asian Nations summit seeks “self-restraint” at sea but avoids criticising or even mentioning China by name, a diplomatic source said
Are you eligible for an NOC if the employer terminates your services without any prior notice? Oman legal expert answers
The maximum compensation payable by the employer will not exceed one-year's salary.
Oman announces amnesty for undocumented migrant workers
Between this period, the undocumented workers can leave Oman without paying fines for violation of resident status rules in the Sultanate, the notice says.
Oman weather: Visibility may be reduced due to dust
Visibility is likely to be reduced to 3,000 meters in the coastal areas of Oman's Sea due to the aversion of wide dust formed in Iran, the meteorological department has said.
One found dead among debris in Oman
Civil defence's search and rescue team were able to save one of the workers trapped in the debris from mountain in Qurum area late on Monday night after a 16-hour long rescue operation.
Egypt's ousted president Morsi faces new espionage trial on February 15
Egypt's ousted president Mohamed Morsi faces a new espionage trial on February 15 for allegedly leaking "classified documents" to Qatar and Al Jazeera television, a judicial source said on Monday
No Article Available
Oman accidents: Focus back on drivers after bus hits girl
The Indian School Mabela student has been lying unconscious in the Intensive Care Unit (ICU) of Sultan Qaboos Hospital since Wednesday.