Omani officials yesterday (Monday) inaugurated a first-of-its-kind date flakes factory in Muscat. They said the facility has the potential to capture foreign markets. The $13.5 million plant will begin production in January, with an annual output of about 2,750 tons of dates flakes and 16,500 tons of date syrup. Dates are the principal crop of …
United Press International (UPI)
Oman’s stock market opening to foreign investors
Oman’s stock market is opening up to foreign investors while at the same time trying to attract local institutional and individual investors. Three investment funds are available and they are being aggressively marketed with the encouragement of the Muscat Securities Market, MSM, the Gulf country’s five-year-old stock exchange. ”The funds give us a chance to …