The agreement was signed by H E Dr Hamad bin Said bin Sulaiman al Aufi, Minister of Agriculture and Fisheries, and Sharanappa Gedigeri, managing director of Omifco
is 50 per cent owned by the Oman Oil Company SAOC and 25 per cent each by the IFFCO (Indian Farmers Fertiliser Cooperative Limited) and KRIBHCO (Krishak Bharati Cooperative Limited).
They are part of a strong Omani representation in the race, with Teams Imco, Omifco
and Renaissance also taking to the water.
Projects such as OCTAL, Oman-India Fertilizer Company (OMIFCO
), Jindal Shadeed Iron and Steel and Salalah Methanol have collectively contributed around three per cent towards the overall GDP of the nation and much of this success has been achieved by catering mostly to international clients.
Government officials told TOI that Oman has asked Omifco
-- Iffco and Kribhco's joint venture with Oman Oil Company -- to pay $3 for each unit of gas against 77 cents it pays now.
As a part of the 40th National Day celebrations, the exhibition was conceived by Omani artist Hassan Meer, and supported by Oman India Fertiliser Company (OMIFCO
The event organised by Oman India Fertilizer Company (Omifco
) on the occasion of the 40th National Day, was attended by ministers, under-secretaries and ambassadors, in addition to members of the Majlis Al-Shura, Majlis Addawla and heads of a few companies operating in the Sultanate.
*Ahmed Al Awfi, Deputy Chief Executive Officer, OMAN INDIA FERTILIZER COMPANY (OMIFCO
While it will continue to have a leveraged capital structure because of its debt-funded capex plans, the society's financial flexibility will be supported by healthy dividends from OMIFCO
and strong cash accruals from the fertiliser business.
The contract was signed with Oman-India fertiliser company (OMIFCO
), which is 50% owned by Oman Oil Company and 50% Indian companies KRIBHCO and IFFCO with 25% each.
The Ministry of Regional Municipalities and Water Resources (MRMWR) signed an agreement with Oman India Fertilizer Company (Omifco
) to establish a park on Naama beach in the wilayat of Sur in the Governorate of South Sharqiyah.
), a subsidiary of OOC, and the UN Food and Agriculture