In response to the government directives, issued in December 2021 to restructure the electricity sector, and in-line with the Group initiatives to enhance efficiency, Nama Holding announced the commencement of operations of the Electricity Distribution and Supply Companies.
Global credit rating agency Moody's Investors Service on Friday upgraded the corporate family ratings (CFR) of seven government-related issuers (GRIs) in Oman to Ba2 from Ba3 and maintained the positive outlooks.