BankMuscat (SAOG), Oman’s leading financial services institution, achieved a net profit of RO 57.8 million for the half year ended June 30, 2008 as against a net profit of RO 40.2 million reported during the same period in 2007, which resulted in an

Salalah Port Services Co. (SAOG), the operator of the Port of Salalah, has signed an MOU with the Government of Oman to expand the present container handling facilities by constructing additional 1350 meters of quay wall.

Raysut Cement Company, Oman's second largest producer of building materials, on Wednesday announced the increase of cement prices.