Industry

Oman's CreditWatch rating placed on negative on possible economic and fiscal pressures

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Standard & Poor's Ratings Services placed its 'A/A-1' long-term and short-term local and foreign currency ratings on the Sultanate of Oman (Oman) on CreditWatch with negative implications.

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MIS enters the Iraqi market


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UAE-based MIS Group (Maritime Industrial Services - OSE: MIS), announced the appointment of Chris Parker MBE, as Executive Vice President for MIS Iraq.

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Saudi Aramco targets expansion

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Saudi Aramco has set ambitious targets for itself and the petrochemical sector in the Middle East over the next ten years that will force the industry to fully take advantage of the upcoming global boom in the chemical industry.

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Protests in Oman are not stopping shipments of oil

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Shipments of refined crude from Oman's port of Sohar are continuing, a port spokeswoman said, after recent anti-government protests had blocked roads leading to the key industrial area in Oman.

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New manufacturing facility launched in Jubail

SAUDI FAL and Emerson launched a new 9,000sqm manufacturing facility in Jubail to meet rising local and regional demand.

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