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FINANCIAL NEWS
Oman to expand shipping and trade tieswith Iran
01 Mar 2016
(MENAFN) Oman aims to spread shipping and trade ties with Iran and get ahead of rivals after the lifting of global sanctions on Tehran, according to leading port officials.
Moreover, the UAE previously had a greater shipping activity with Iran, but Oman’s nearby Sohar port is looking at increasing relations.
In addition, Oman could benefit from a spat between KSA and Iran which saw Riyadh reduce ties last month and others like the UAE to cut relations.
Oman is in talks with Iranian firms seeking for possible investment in the free zone- small metal manufacturing and warehousing supply of building materials.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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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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