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Long-term residency scheme augurs well with businessmen

The recent announcement of a long-term residency scheme for expatriates in the Sultanate has evoked a positive response from business people in the country. Those who received the permits on the launch day, called it a move that can reinforce an entrepreneur's confidence to do business in the country and have a more extended plan of action to build,.

Linde to set up $26m oxygen plant for Oman s MISCO

The German firm Linde has signed a partnership pact with Moon Iron & Steel Company (MISCO) under which it will invest $26 million for the development of an oxygen production plant aimed at meeting the requirements of MISCO’s steel mill at Suhar.

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