A string of investments was announced by the Public Establishment for Industrial Estates (Madayn), which manages nine industrial cities in Oman, plus the Knowledge Oasis Muscat (KOM) and the Al Mazunah Free Zone.
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The Brazilian food company reported that its unit in Toledo, Paraná has been accredited by the Arab country’s government to ship breaded poultry items. The audit was held through video conferencing.
In January, Brazil’s revenue from exports to the Arabs climbed 74% from a year ago.
The commodity’s prices started increasing in 2020 and are expected to stay high this year. Increased demand from China and Vale’s reduced output are some of the reasons.
Saudi Arabia, Oman and Kuwait announced the decision to close their land and air borders to prevent the new strain of the coronavirus from entering the countries. The movement of goods will continue.
Visas will only be made available to people on trips arranged by hotels or tour operators.
The Arab country will adopt ban on plastic shopping bags in favor of reusable and more environment-friendly bags. Nine percent have actually ditched them.
The Gulf country announced that schools will reopen on November 1st. Some activities will still take place online.
The Municipal Council in the Governorate of Muscat has drawn up a dress code for entering malls in the country, which includes shirts with sleeves and pieces covering the knees.
The country’s borders, which have been closed since last March due to the coronavirus pandemic, are set to reopen on October 1.
The number of foreign direct investment projects in the country was up 7% in 2019, the Arab Investment and Export Credit Guarantee Corporation (Dhaman) reported.
Year-on-year through April saw a hike in exports to Kuwait, Libya, Morocco, Bahrain, Oman, Sudan, Jordan and Tunisia.
The Gulf country established this Thursday (4) the Oman Investment Institution, which will manage at least two investment funds.
Some only allow in homecoming citizens or foreign travelers under extraordinary circumstances. Find out how the region is working to stop the spread of the new coronavirus.
