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Oman s economic diversification: Major strides made in delivery of 130 projects

The latest ‘Economic Diversification Report 2020’ produced by the Oman Vision 2040 Implementation Follow-up Unit – the successor of the Implementation Support & Follow-up Unit (ISFU) – provides a detailed account of the major strides achieved by the unit in advancing the delivery of strategically important projects and initiatives across eight key.

Food products from Omani wheat to hit market soon

Majority state-owned Oman Flour Mills, the biggest flour miller in the Sultanate, is weighing a series of investments and initiatives that will further expand and diversify its presence in the country’s rapidly growing processed food industry.Notable is a plan to introduce a new range of wheat-based products utilising home-grown wheat for the first time..

Suez Canal blockage impacts Oman Fisheries Q1 performance

Suez Canal blockage impacts Oman Fisheries’ Q1 performance 7-Suez-Canal-blockage-impacts-Oman-Fisheries-Q1-performance SHARE Ripple effects: Shipments bound for African, European markets delayed, cancelled or deferred during week-long canal mishap The recent week-long blockage of the Suez Canal one of the world’s busiest trade routes resulted in the cancellation or deferment of a number of shipments of Oman Fisheries that weighed negatively on the company’s first quarter performance. The publicly-listed company, which is partly owned by the Omani government, revealed in the Directors’ Report for the January March 2021 timeframe that the Suez Canal mishap was among a number of factors that impacted his performance for the quarter.

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