Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Iran-Oman trade reaches a record $1.3b: Envoy

Iran’s ambassador to Oman Ali Najafi said on Friday that Iran-Oman trade has reached a record 1.3 billion dollars.
  • Ali Najafi said that during the last Iranian year which ended on March 20, Iran’s exports to Oman were worth 716 million dollars
  • Ambassador revealed that among Iran’s neighboring countries Oman ranks 6th in importing goods from Iran

Iran’s ambassador to Oman Ali Najafi said on Friday that Iran-Oman trade has reached a record 1.3 billion dollars.

Ali Najafi said that during the last Iranian year which ended on March 20  Iran’s exports to Oman were worth 716 million dollars, while imports from Oman were worth 619 million dollars, the highest record in the two countries’ trade exchanges.

The Iranian diplomat said that despite the US sanctions and the limitations due to the COVID-19  pandemic Iran is now witnessing a 100 percent rise in bilateral trade volume with Oman.

“Friendly and neighborly ties between Iran and Oman have paved the path for evermore expansion of economic and business transactions,” he added.

Ambassador Najafi further noted that among Iran’s neighboring countries Oman ranks 6th in importing goods from Iran and among the Persian Gulf littoral countries it is currently the  second country.