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Moody’s slashes debt rating of three GCC states

Saudi Arabia, Oman and Bahrain’s rating downgraded by a notch due to low oil prices 

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Consortium signs contract for 3,219MW Oman IPP

Power project will be split over two sites

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Oman exports first oil shipment from Musandam plant

Estimated $480m plant starts up about five years after construction contract awarded

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Oman IPP close to finance deal

Japanese continue leading role in power finance

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Qatar mandates banks for potential bond issuance

The gas-rich gulf state is scheduled to start investor meetings from 19 May

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Moody’s downgrades slew of GCC debt issuers

Banks, utilities and telecoms hit

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Six companies bid for Salalah ammonia plant

Salalah Methanol Company to build 1,000 tonne-a-day plant in southern Oman

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Sun Metals’ $400m Oman steel project shelved

Steel prices and economic slowdown hits plans to build steel plant in Sur

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PDO and Oman utilities sign network agreement

Agreement will assist plans to develop a 400kV transmission system throughout the sultanate

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Dubai Group to sell stakes in Shuaa and two other banks

  Dubai government-controlled group is in the process of selling its stake in Shuaa

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Oman retenders Sohar port water contract

Project will facilitate water requirements for Liwa plastics project

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Oman invites bids for desalination plant surveys

Sultanate is working on initial plans for two facilities

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Oman closes transmission loans

Final tranches were oversubscribed

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Oman Air plans joint venture with UK firm

Menzies Aviation to provide ground-handling services at Oman airports

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Duqm refinery seeks new investor

Existing investors looking to spread costs

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Oman pushes ahead with PPP project

Strategic partner selected for scheme

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Omani contractors struggle with slow payments

Banks are keeping credit lines open

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PDO close to loan signing

Size of facility could increase due to strong interest

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Murray & Roberts reviews Middle East business

Company says trading conditions continue to be extremely challenging

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Orpic to invest $220m on Muscat-Sohar pipeline

Oman state-owned company spending another $100m on building fuel storage terminal

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