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English news

05-Sep-2016

Govt’s 20% stake in Salalah Port transfers to OGL

Salalah Port Services, which operates and manages the nation’s transshipment and logistics hub at Raysut on the Indian Ocean, has announced that the government’s 20.085% stake in the company has been transferred to Oman Global Logistics Group SAOC, a holding company fully owned by the Ministry of Finance. Oman Global Logistics Group (OGL) was set up in June as a holding company to invest in ports, free zones, railway, maritime and land transport companies. (Oman observer)

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