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- Oman's banking sector posts 8% growth in lending, deposits up 4.7%
- China's gold output up 1.39 % in 1st nine months of 2025
- Qatar National Bank launches first-of-its-kind Boat Finance
- Dubai Taxi Company posts 28% surge in Q3 on strong mobility demand
- Rising corporate debt not a major threat to Saudi banks: S&P
- Global experts discuss future of investment strategies at Bahrain event
- Agility Global Q3 profit up 21% on strong logistics demand
- Aramco executives stress AI's impact on materials science
- Abu Dhabi unveils vertiport network for air taxi operations
- AD Ports group charts course for hybrid human-AI workforce
08/10/2017 21:14 AST
Salalah Port Services Company's (SPSC) net profit for the nine months period ended September 30, 2017 fell by 30 per cent to RO2.76mn from RO3.94mn in the same period of the previous year.
The company's revenue increased by 1.9 per cent to RO42.12mn during the first nine months of 2017 against the same period of last year, according to its initial financial results announced to the Muscat Securities Market on Sunday.
The volumes handled at the port's container terminal rose by 11.7 per cent in 2017 to 2.79mn twenty feet equivalent (TEUs) from 2.5mn TEUs in the first nine months of 2016. General cargo volumes increased 5.4 per cent to 10.27mn tons from 9.74mn tons in the previous year.
Total expenses of SPSC rose 5.3 per cent to RO39.35mn during the first nine months of 2017 from RO37.37 in 2016.
Muscat Daily
26/08/2025
The Port of Salalah, operated and managed by Salalah Port Services Company (SPSC), recorded strong growth in container and cargo volumes during the first half of 2025.
The port's Container
Muscat Daily
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
16/08/2015
MUSCAT: Aug : Three new container berths, new government berths, dedicated cruise terminal, expanded breakwater arms, and a new approach channel are part of an ambitious package of works envisaged fo
Oman Daily Observer
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12/11/2025
QNB has launched Boat Finance, a bespoke loan to finance boats up to QR2mn, offering an exclusive interest rate of 3.45% per annum (equivalent to 1.85% flat rate).
The loan finances both new
Gulf Times
12/11/2025
Dubai Taxi Company PJSC (DTC) reported a robust third-quarter performance, with net profit jumping 28 per cent year-on-year to Dh76.4 million, driven by higher trip volumes and sustained demand acros
Khaleej Times
12/11/2025
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Trade Arabia
12/11/2025
Senior Aramco executives have highlighted the transformational potential of artificial intelligence (AI), its role in overcoming long-established issues related to corrosion - and possibilities it pr
Trade Arabia
12/11/2025
In a move that signals a major shift in how industries approach talent, technology, and productivity, AD Ports Group has unveiled a visionary blueprint that reimagines the global workforce for the er
Khaleej Times
Financial Information Co.
Saudi Arabia