National Ferries Company is planning to start a ferry service from Muscat port linking Bandar Al Rowdha, Bar Al Jissah, the Wave and Jebel Sifah.
“They (National Ferries) are interested in starting a ferry service linking these projects, which will be fantastic. We are talking to them,” said Philip Jones, Managing Director of Orascom Marina Management.
Jones said National Ferries is planning to buy 150-seater small vessels for this purpose, and the new service is expected to commence before the year-end.
He also said that a one-day excursion on a ferry to Oman’s coastal resorts will be an attraction for those cruise tourists, who visit Muscat port.
GCC banking remains resilient
The majority of banks in the GCC region are domestically-owned, and consequently, there are high barriers to entry and restrictions on foreign banks. These barriers also limit the ability for cross-b
Al Batinah Hotels-AGM Decision
The AGM of Al Batnah Hotels SAOG held o 9th March 2014 at 4:00 pm at Sohar Beach Hotel, Sohar.The shareholders had approved the following decisions:
1- the Board of Directors Report for the
Gulf Finance House to start $3bn Tunisia project
Bahrain's Gulf Finance House (GFH) will start building a $3 billion financial park and real estate development north of Tunisia's capital, a project that had been suspended for five years, the Islami