Oman Archives | Be Korea-savvy
Samsung Engineering Settles Dispute with Oman, ISDS Withdrawn

Samsung Engineering Settles Dispute with Oman, ISDS Withdrawn

SEOUL, Jan. 29 (Korea Bizwire) – Samsung Engineering’s longstanding dispute with the government of Oman has been resolved, and industry insiders expect the resolution to lead to increased business activity between the two down the road. According to industry watchers, the court at the International Centre for Settlement of Investment Disputes (ICSID) handling Samsung Engineering’s [...]

Stars of Science Crowns 25-Year-Old Fouad Maksoud Best Arab Innovator

Stars of Science Crowns 25-Year-Old Fouad Maksoud Best Arab Innovator

DOHA, Qatar, Nov. 25 (Korea Bizwire) – Fouad Maksoud was named the Arab world’s top innovator in a supercharged finale of Stars of Science. His journey on the ninth season of the Qatar Foundation (QF) hit TV show captivated audiences across the Middle East and beyond. While competition was fierce, Fouad and his Nano-shielding Textile [...]

Daewoo E&C Wins US$963 mln Plant Deal from Oman

Daewoo E&C Wins US$963 mln Plant Deal from Oman

SEOUL, Aug. 7 (Korea Bizwire) — Daewoo Engineering & Construction Co., a major South Korean builder, said Monday that it has clinched a US$963 million deal to build process units of refinery facilities in Oman. Under the deal with Duqm Refinery Petrochemical Industries Co., a joint venture between Daewoo Engineering and Tecnicas Reunidas of Spain [...]

Korean Firms to Participate in Oman’s Energy Projects

Korean Firms to Participate in Oman’s Energy Projects

SEJONG, Nov. 1 (Korea Bizwire) – South Korean companies will participate in Oman’s large-scale energy and infrastructure projects totaling approximately US$27.1 billion, the trade ministry said Tuesday.  The two countries came to an agreement at their economic cooperation committee meeting, according to ministry officials. The committee has been meeting every other year since 2009, this [...]