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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 |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
27/01/2026
Kuwait Telecommunications Company - stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced that it has wo
Kuwait Times
27/01/2026
QIIB has reported a 7.2% year-on-year increase in net profit to QR1.35bn in 2025 and recommended a total 53% dividend.
Earnings-per-share (EPS) increased to QR 0.82 in 2025, reflecting the l
Gulf Times
27/01/2026
QNB Group, the Lead Sponsor and strategic partner of Web Summit Qatar 2026, is reaffirming its position as a driving force behind the country's digital transformation journey.
By uniting dec
Gulf Times
27/01/2026
Al Habtoor Group said it will move forward with legal action against Lebanon after years of unresolved investment disputes and mounting losses of $1.7 billon linked to banking restrictions and state
Arab News
27/01/2026
Commercial Bank, the first bank in the market to introduce digital account opening, has further strengthened its leadership in innovation with the launch of its newly enhanced Corporate Digital Accou
The Peninsula
Financial Information Co.
Saudi Arabia