5 - 7 DEC 2017

OCEC —Oman Convention & Exhibition Centre

News & Media

CHINA-OMAN RELATIONS

Oman signs $3.55b loan with Chinese banks

Oman signs $3.55b loan with Chinese banks

The government of Oman has raised$3.55 billion through a loan from a group of Chinese financial institutions,the latest fund-raising by the sultanate which has borrowed over $10 billionthis year to replenish coffers hit hard by lower oil prices.Omans

Oman raising $3.6 billion from Chinese banks

Oman raising $3.6 billion from Chinese banks

Oman’s finance ministry is self-arranging the senior unsecured deal, which pays an interest margin of 190bp over Libor.Bank of China, China Development Bank, and Industrial and Commercial Bank of China are the mandated lead arrangers with the latter

Chinese firms to set up projects in Duqm free zone

Chinese firms to set up projects in Duqm free zone

As part of the second phase investment programme, Chinese investorsare planning a machinery assembly unit and a food processing unit within the China Oman Industrial Park in Duqm. Around 25projects are planned by the second batch of companies.Ten Chi

Assitant Foreign Minister Chen Xiaodong visits Oman

Assitant Foreign Minister Chen Xiaodong visits Oman

From December 6 to 7, 2017, Assistant Foreign Minister Chen Xiaodong visited Oman, during which he respectively met with Minister Responsible for Foreign Affairs Youssef bin Alawi Abdullah of Oman and Advisor to His Majesty Sultan Qaboos bin Said for

$3.2b invested on China-Oman Industrial Park in Duqm

$3.2b invested on China-Oman Industrial Park in Duqm

Ali Shah, Chairman of Oman Wanfang, the master developer of China-Oman Industrial Park in Duqm, said there was “good progress” vis--vis the work on the park. The foundation stone for the park was laid in April this year for 10 projects worth $…

Oman counts on Chinese billions to build desert boomtown

Oman counts on Chinese billions to build desert boomtown

Duqm, Oman: In the remote desert along Oman’s southern coast, construction machines hired by a Chinese consortium are levelling an expanse of pale orange sand — a first step towards billions of dollars of investment.Over the past year the Chinese ha…

Oman, China to discuss bilateral trade, investments

Oman, China to discuss bilateral trade, investments

Lee Qun, executive vice governor of Chinas Chandong province, will visit Oman today to discuss the economic relations between the sultanate and China and the efforts being exerted to increase trade exchange and joint investments.Duting his visit, the

Oman looks East

Oman looks East

Oman’s foreign policy has recently been the subject ofconsiderable analysis. As a country that harbours no hostility toward anygovernment in the world and as the organizer and host of diplomatic talksbetween global adversaries, Oman has frequently be