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- Commercial Bank, Microsoft co-host first DHL4SMEs workshop
- Dukhan Bank announces April winners in Thara'a savings account prize draw
- Qatar advances sustainable desalination with innovative technologies
- E-payments account for 79% of Saudi retail transactions in 2024: SAMA
- Fitch sees resilient credit metrics for Omani banks in 2025
- Bank Muscat's Q1 profit rises 8% to RO58.5mn
- Dubai gold price hits another record after near Dh7 a gram rise
- Europe enjoying some 'exorbitant privilege' as funds head home
- Dubai listed companies buck wider declining GCC trend
- E& shareholders approve 83 fils dividend per share for FY 2024
30/03/2014 09:09 AST
National Gas Co (NGC) announced on Thursday that it has been awarded a contract for supply of three LPG tanks in Saudi Arabia. It has also entered into a franchise agreement with a Kuwait-based company to introduce its metal cutting gas in the Kuwaiti market.
"This is to inform our esteemed shareholders and investors that NGC has been awarded a contract for the supply of three 104WC-each LPG tanks to CIF Jeddha by Al Forsan Global Industrial Complex in Saudi Arabia, for a contract value of US$216,000," the company said in its disclosure to the Muscat Securities Market (MSM) on Thursday.
The company also announced that it has entered into a franchisee agreement with Engineering & Contracting Kuw-ait Co for the introduction of its revolutionary metal cutting gas 'NC+' in the Kuwaiti market.
"We expect reasonable income from these projects," NGC added.
NGC shares surged 9.71 per cent on Thursday on the MSM.
Muscat Daily
19/04/2017
The factories facing fuel shortage in Salalah may not have to struggle hard to get another source of energy to run their establishments smoothly with the availability of Synthetic Natural Gas (SNG).<
Oman Daily Observer
07/09/2015
National Gas Company (NGC), through its 100 per cent subsidiary in the United Arab Emirates (UAE), has signed an exclusive Distributorship Agreement with Gulf Petrochem (UAE) to distribute their full
Oman Daily Observer
07/05/2014
National Gas Company said that its rights issue was subscribed to the extent of 15.56 million shares, against an offer of 20 million shares. The Capital Market Authority (CMA) has approved the allotm
Times of Oman
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16/04/2025
Commercial Bank, a leader in innovative digital banking solutions in Qatar, in collaboration with Microsoft, hosted the first DHL4SMEs workshop on digital and financial strategies for SMEs at Commerc
The Peninsula
16/04/2025
Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters.
The draw was conducted under the supe
The Peninsula
16/04/2025
Bank Muscat, the largest financial institution in Oman, reported a net profit of RO58.56mn for the first quarter of 2025, compared to RO54.24mn reported during the same period in 2024, reflecting a y
Muscat Daily
16/04/2025
E& shareholders on Tuesday approved the Board's recommendation for FY 2024 of cash dividend of 83 fils (Dh0.83) per share for the fiscal year 2024.
Jassem Mohamed Bu Ataba Alzaabi, Chairman
Khaleej Times
15/04/2025
Dukhan Bank, Qatar's leading provider of Sharia-compliant financial solutions, has launched a new House Finance campaign offering customers exclusive benefits, including a competitive profit rate as
The Peninsula
Financial Information Co.
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