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FINANCIAL NEWS
Two Omani power producers plan IPO
01 Mar 2014
(MENAFN) Omani power producers Al Suwaidi Power and Al Batinah Power are planning to float initial public offerings with a combined issue size at USD94 million this year.
Executive president of CMA told Times of Oman: “Both these share offers will be floated simultaneously sometime in May. The share offer is open for both Omanis and expatriates.”
Stakeholders of the companies are offering 35 percent each of the their holding in the firms in accordance with the government stipulation for offering shares.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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