Oman

FRiENDi Mobile, a leading mobile virtual network operator (MVNO) in the Middle East and North Africa (MENA), plans to launch an IPO in 18 to 24 months as well as win another four to... 2011-12-08

BMI View: Another tender for a major independent power plant (IPP) has successfully drawn to a close, reinforcing Oman's utilities sector's reputation as a highly desirable market for... 2011-06-30

Oman Power and Water Procurement Company (OPWP) has started the final negotiations for the selection of successful bidder among the three groups shortlisted for a licence to build... 2011-06-20

Blue City - Oman's troubled flagship project, launched amid the region's construction boom in 2006 - has hit a new low following the announced sale of its distressed debt to state-owned... 2011-03-31

Nawras, Oman's second mobile operator and fixed-line licensee, has raised OMR182mn (US$471mn) in its initial public offering (IPO), which closed on October 21 2010, after a one week... 2010-11-01

Following Santander Brasil's double listing in New York and Sao Paulo (the US$8.1bn IPO is the largest global IPO so far this year), the Brazilian unit has attracted yet more interest.... 2009-10-14

To those who thought sovereign wealth funds (SWFs) would hibernate until the end of the global recession, Qatar Investment Authority (QIA)'s involvement in the VW-Porsche megamerger... 2009-07-28

The Omani government on February 26 made public plans to privatise a number of state-run projects by 2010. Ahmed Mekki, the national economy minister, said that the government was... 2009-03-03

On September 14 Dubai Group announced that it has become a founding shareholder in Mazaya Saudi. The group purchased a 20% stake in the Saudi Arabia-based real estate developer via... 2008-09-17

The initial public offering of Sohar Power Company (SPC) was 21 times oversubscribed making it the most successful power sector IPO in Oman to date. The listing, which was valued... 2008-08-06