Asyad Group has acquired UK logistics firm Ligentia, significantly expanding its global footprint. This move effectively doubles its capacity for
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Oman Flour Mills Company (OFM) will increase its stake in Arabian Food Production Company from 33.33% to 66.67%, gaining control.
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Elon Musk announced that SpaceX has acquired his AI startup xAI in a record-breaking deal, valuing SpaceX at $1 trillion
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Majan Glass SAOG, Oman’s first major glass container maker, faces years of operational losses and negative net worth. The Board
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Sohar International Bank SAOG has received in-principal approval from the Central Bank of Oman to proceed with acquiring a majority
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