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FINANCIAL NEWS
Oman’s Duqm port ready to export minerals
23 Mar 2014
(MENAFN) Commercial Director of Oman’s Port of Duqm said that the port is ready to start mineral exports, Times of Oman reported.
Low mineral prices, however, are causing mining companies to refrain from exporting their products.
He said: “There are about two million tons of minerals, mainly limestone, ready to be exported. However, exporters are waiting for the market to pick up as the price of limestone is quite low now. We are hoping that it will be exported soon.”
India and Qatar are the Sultanate’s two largest markets for mineral produced in the country.
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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