MUSCAT – The agreement reaffirms the two companies shared commitment to advancing a strategically significant project that supports regional integration across the downstream and petrochemicals sector, while contributing to economic diversification efforts in line with Oman Vision 2040.
The project is expected to strengthen bilateral energy cooperation between Oman and Kuwait, leveraging Duqm’s strategic location, advanced infrastructure, and competitive feedstock advantages, and positioning the Special Economic Zone at Duqm as a global hub for value-added industries.
Read More
- Dubai witnesses unprecedented crowds as actor Suriya graces the grand inauguration celebrations of 3 new Malabar Gold & Diamonds showrooms
- Major currencies trade in narrow ranges ahead of central bank decisions
- Oman crude oil price falls by USD 1.66
- Bank Muscat Shari’a Money Market Fund sees strong investor demand
- Oman Cement appoints Jiang Tao as chief executive
