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Merger of electricity firms to cut operational costs

The companies have been brought under two main companies: Nama Electricity Distribution and Nama Supply ....

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Merger, restructuring of companies to cut costs, raise efficiency

The process ensures uninterrupted flow of business and projects ....

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Electricity Distribution and Supply Companies start business operations

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. ....

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Electricity companies merged into two in Oman

Muscat - The Oman Investment Authority (OIA) has completed the project to restructure the distribution and supply companies in the electricity. ....

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Moody's upgrades 7 government-related companies in Oman

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. ....

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