Inflation in Oman stood at 1.98 per cent in December 2022

Inflation in Oman stood at 1.98 per cent in December 2022

The inflation rate of the Consumers Price Index (CPI) in the Sultanate of Oman stood at 1.98% during December 2022, according to the latest data issued by the National Centre for Statistics and Information (NCSI). The data indicated a rise in the prices of main groups in December 2022 compared to the corresponding period in 2021.

OQ celebrates opening of $463 million ammonia plant in Salalah

OQ, a global integrated energy group, inaugurated its new ammonia plant in the Governorate of Dhofar governorate with an investment cost of about $463 million and a production capacity of 1,000 metric tons per day of liquid ammonia.The inauguration ceremony was held under the patronage of HH Sayyid Marwan Turki Al Said, Governor of Dhofar, in the presence of a number of their Excellencies, Sheikhs, CEOs and local dignitaries.