Oman Air looks to tap Indian market for growth
The Dollar Business Bureau Oman’s national airline Oman Air expects to get operational break-even by 2017 end, the company said on Friday. The flagship carrier of Sultanate of Oman currently operates to 11 destinations in India, and is looking at India’s fastest-growing market to boost its growth momentum. "Indian economy is going great as well as its aviation market is among the fastest growing. With the new aviation policy being released by the Indian regime, we do not want to exclude ourselves from financial participation in any opportunity offered. It's not like we will put a blind cheque on the table, but will invest if we find the opportunity sustainable," said Paul Gregorowitsch, chief executive officer of Oman Air. The carrier has been running its ...
Indian engineering major bags key orders from Oman
Punj Llyod bags major projects being offered by the Oman Oil Refineries and the Petroleum Industries Company (Orpic) and Oman Gas Company (OGC), owned by the Government of the Sultanate of Oman and the Oman Oil Company The Dollar Business Bureau Punj Lloyd is the only Indian contractor in Oman to be awarded a sizable contract of the Liwa Plastic Industries Complex (LPIC) India-based engineering and construction major Punj Llyod, on Tuesday, announced winning Engineering, Procurement and Construction (EPC) orders worth Rs. 2,070 crore, related to the oil & gas sector. The projects are offered by Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC), which are owned by the Government of the Sultanate of Oman and Oman ...
