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FINANCIAL NEWS
Oman’s Sohar freezone to benefit from its strategic location
17 Apr 2016
(MENAFN) Sohar freezone aims to conduct a study this year to assess the global market scenario and how to take advantage of the nation’s strategic location.
Moreover, the free zone is estimating cargo flows to device a marketing strategy for the coming expansion phases and chart-out a way forward.
Accordingly, the Sultanate is focusing on logistics, warehousing activities, consolidation and distribution of goods, and how to realize investments.
The free zone area has attracted USD 26bn worth investment recently, while the number of units is much bigger than the number of units in the port’s industrial area.
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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