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15/06/2017 01:02 AST
Oman Fisheries Company, the Sultanate's largest fish processing enterprise, has announced the signing of a Memorandum of Understanding (MoU) with Kyumura of Japan covering the joint implementation of a number of initiatives designed to support the development of its fishing fleet. The goal is to leverage the capabilities of Oman Fisheries' vessels in the commercial fishing of tuna and other high value species that enjoy strong demand in Japan and various European markets, the Muscat-based firm said in a filing to the Capital Market Authority (CMA).
As part of the MoU, Oman Fisheries will explore the "possibility of taking advantage of Japanese experience to establish a factory with international specifications for value-added marine products to enhance the brands of the company", it said.
"Cooperation with the Japanese company is one of the future projects of Oman Fisheries Company to enhance its presence on the map of economic production. Pilot fishing for the project has already begun with (the deployment of) a fishing vessel belonging to the Japanese company Kyumura along with Oman Fisheries' recently re-operated fishing fleet," it further stated.
Oman Daily Observer
27/04/2016
Oman Fisheries Company, which is 24 per cent owned by the government, plans to start a new company exclusively for fishing. There are also plans to outsource several activities to reduce cost of oper
Times of Oman
18/12/2013
Oman Fishries delightly informs its shareholders that your company has secured first place for the industrial Category in the Corporate Governance Excellence Awards 2013 announced by Capital Market A
Press Release
09/10/2013
In a bid to popularise its Taqa brand of breaded and battered seafood products among the Gulf Cooperation Council (GCC) countries, Oman Fisheries will participate in the second Omani Products Exhibi
Times of Oman
| Ticker | Price | Volume |
|---|---|---|
| MAADANIYAH | 18.00 | 151,342 |
| FIPCO | 45.05 | 42,576 |
| NEFTALSHARQ | 4.20 | 52,662 |
| TRAFCO | 0.29 | 0 |
| ASG | 0.00 | 0 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| MIDAN | 757.00 | 0 |
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 11.16 | -0.04 (-0.36 |
| IQCD | 13.65 | 0.15 (1.11 |
| ADNOCLS | 5.19 | 0.02 (0.38 |
| ADPORTS | 4.97 | 0.05 (1.01 |
| NMDC | 24.92 | 0.08 (0.32 |
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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