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FINANCIAL NEWS
Oman, India forecast joint relations to boost considerably
11 May 2016
(MENAFN) Oman has over five hundred thousand Indian nationals living there making them the largest expatriate community in Oman, hence they yearly remit nearly USD780 million to India.
Accordingly, the Sultanate has also been working hard to promote itself as a tourist destination in India, given the fact that annually nearly 12,000 Indians visit Oman on tourist visas.
Moreover, Indian and Omani companies have undertaken joint ventures in a wide range of sectors including fertilizers, pharmaceuticals, energy and engineering, thus ties are obviously getting deeper.
As far as the oil industry is concerned, India has been considering the construction of a 1,100-km-long underwater natural gas pipeline from Oman called the South Asia Gas Enterprise (SAGE).
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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