Day: May 1, 2023

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MSX Gains 34 Points

Muscat Stock Exchange (MSX) general index (30) today gained (34) points, comprising a rise by (0.72%) to close at (4752.04) points, compared to the last session, which stood at (4718.08) points.

The trading value today stood at (RO 1,519,226), comprising a drop by (40.3%), compared to the last session, which stood at (RO 2,543,925).

The report released by MSX pointed out that the market value went up by (0.469%) to reach about (RO 23.86) billion.

The report added that the value of shares bought by non-Omani investors reached (RO 322,000), comprising (21.16%). The value of shares sold by non-Omani investors reached (RO 162,000), comprising (10.68%). The net non-Omani investment increased by (10.49%) to (RO 159,000).

Source: Oman News Agency

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OPAZ Holds workshop on Supply, Cold Chains Initiative in Economic, Free and Industrial Zones

The Public Authority for Special Economic Zones and Free Zones (OPAZ) held a workshop on the Supply and Cold Chains Initiative. The event was participated by specialists from the National Program for Economic Diversification, the National Employment Program (NEP) and the Industrial Innovation Academy (IIA).

The workshop aims to promote integration between large investments and supplier projects in the supply and cold chains, and create opportunities for new industries that contribute to economic diversification. It also reviewed the infrastructure and logistical factors available in economic zones, free zones and industrial zones.

A team from the Ministry of Economy and the Academy of Industrial Innovation provided an overview on studying economic diversification in cold chains in the Special Economic Zone at Duqm as a first stage and circulating it to the other zones at a later stage.

The seminar discussed opportunities to enhance this study including additional capabilities that enhance the diversification of manufacturing industries in the fish sector and boost the local added value achieved from those projects and the highly competitive investment milieu provided by the Authority in the areas under its supervision.

Source: Oman News Agency

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With Oman’s Participation, Arabian Travel Market Kicks off

The Sultanate of Oman, represented by the Ministry of Heritage and Tourism, is taking part in the Arabian Travel Market (ATM), which kicked off today in Dubai, the United Arab Emirates (UAE).

The event includes 2,000 exhibitors and about 34,000 participants from more than 150 countries.

Oman’s pavilion in the four-day event includes 21 companies and establishments from the tourism sector.

Arabian Travel Market is held this year under the theme “Working Towards Net Zero”. It includes several discussion sessions focusing on the luxury travel sector. Experts in the sector gather to discuss the most prominent trends, challenges and opportunities.

Source: Oman News Agency

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HH Shaikh Nasser congratulated by HH Shaikh Turki bin Rashid

National Security Advisor, Supreme Defence Council Secretary-General and Royal Guard Commander, His Highness Shaikh Nasser bin Hamad Al Khalifa, today received a cable of congratulations from the Deputy Chairman of the National Council for Arts, HH Shaikh Turki bin Rashid bin Isa Al Khalifa, following the issuance of an order by His Majesty King Hamad bin Isa Al Khalifa, the Supreme Commander of the Armed Forces, promoting HH to the rank of Lieutenant-General.

HH Shaikh Turki bin Rashid asserted that HH Shaikh Nasser had been promoted to the rank of Lieutenant-General in appreciation of HH’s competence, dedication and wide-ranging national achievements, wishing HH continued success in serving the nation.

Source: Bahrain News Agency

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Lt. General HH Shaikh Nasser congratulated by Commander of GCC Unified Military Command

National Security Advisor, Supreme Defence Council Secretary-General and Royal Guard Commander, His Highness Shaikh Nasser bin Hamad Al Khalifa, today received a cable of congratulations from the GCC Unified Military Commander, Lieutenant-General Eid bin Awad Al-Shalawi, following the issuance of an order by His Majesty King Hamad bin Isa Al Khalifa, the Supreme Commander of the Armed Forces, promoting HH to the rank of Lieutenant-General.

The Commander of the GCC Unified Military Commander extended sincere congratulations to Lt. General HH Shaikh Nasser, wishing HH continued success in serving the progress march witnessed by the kingdom, under HM the King’s leadership.

Source: Bahrain News Agency

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HH Shaikh Khalid bin Hamad congratulates sports community on Labour Day

First Deputy Chairman of the Supreme Council for Youth and Sports, General Sports Authority Chairman and Bahrain Olympic Committee President, His Highness Shaikh Khalid bin Hamad Al Khalifa, has congratulated all workers in the sports sector on the Labour Day, commending the efforts they exerting.

HH Shaikh Khalid bin Hamad expressed congratulations to all employees of the sports entities in the kingdom, affirming that their efforts have contributed to developing the sports system in Bahrain, maintaining gains and optimising achievements, in line with the leadership’s aspirations.

Source: Bahrain News Agency

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Lt. General HH Shaikh Nasser congratulated by Joint Peninsula Shield Force Commander

National Security Advisor, Supreme Defence Council Secretary-General and Royal Guard Commander, His Highness Shaikh Nasser bin Hamad Al Khalifa, today received a cable of congratulations from the Commander of the Joint Peninsula Shield Force, Major-General Abdulaziz bin Ahmed al Balawi, following the issuance of an order by His Majesty King Hamad bin Isa Al Khalifa, the Supreme Commander of the Armed Forces, promoting HH to the rank of Lieutenant-General.

Major-General Abdulaziz bin Ahmed extended sincere congratulations to Lt. General HH Shaikh Nasser, wishing HH continued success in serving the kingdom, under HM the King’s leadership.

Source: Bahrain News Agency

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HH Shaikh Nasser congratulated by Cabinet Affairs Ministry’s Undersecretary

National Security Advisor, Supreme Defence Council Secretary-General and Royal Guard Commander, His Highness Shaikh Nasser bin Hamad Al Khalifa, today received a cable of congratulations from the Undersecretary of the Cabinet Affairs Ministry, His Highness Shaikh Isa bin Ali Al Khalifa, following the issuance of an order by His Majesty King Hamad bin Isa Al Khalifa, the Supreme Commander of the Armed Forces, promoting HH to the rank of Lieutenant-General.

The Cabinet Affairs Ministry’s Undersecretary asserted that HH Shaikh Nasser’s promotion to the rank of Lieutenant-General reflects his national achievements, competence and landmark contributions to the military, humanitarian and sports fields in the kingdom.

HH Shaikh Isa bin Ali wished Lieutenant-General HH Shaikh Nasser continued success in serving the kingdom, under the leadership of HM King Hamad bin Isa Al Khalifa, and thanks to the support of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

Source: Bahrain News Agency