Sohar Flour Mills inaugurates US$52M facility to boost Oman’s grain storage capacity

OMAN-Sohar Flour Mills, a subsidiary of Oman Flour Mills, has inaugurated a new US$52 million grain storage facility to boost the country’s strategic grain reserve capacity. The facility with a capacity of 160,000 MT is in the Sohar Industrial Port, an essential deep-sea port lying at the center of global trade routes between Europe and Asia. The inauguration ceremony for…

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Olam Group schemes on listing Olam Agric dual IPO by the first half of 2023

SINGAPORE – Singapore commodity trader Olam Group has outlined plans to list its majority-owned agri-business subsidiary, Olam Agri Holdings, as early as the first half of 2023. As per the company’s press release, plans are underway to list its majority-owned agri-business subsidiary, Olam Agri Holdings Pte. Ltd. (“OAHPL”), which holds the Olam Agribusiness, as early as H1 2023 (the “Olam…

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