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FINANCIAL NEWS
OCC acquires OXEA
13 Oct 2013
(MENAFN) Oman Oil Company (OCC) fully acquired the largest Oxo chemical products producer, OXEA, Times of Oman reported.
This deal will lead OCC to become a vertically integrated leader in chemical products worldwide.
The Omani undersecretary at the Ministry of Oil and Gas and chairman of OOC said: “This landmark acquisition reaffirms Oman Oil Company’s role in supporting the goals outlined in Oman’s Vision 2020 which aims to diversify the economy by reducing dependence on oil, growing in country value and maximising the potential of the Sultanate of Oman’s geographic location””
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With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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