
August 19, 2019: Supply chain solutions company Panalpina has established its presence in Oman, with its office in the capital Muscat expected to open by the end of the third quarter in 2019.
Panalpina recently completed the registration of Panalpina Oman with a minority shareholding partner, Omani business conglomerate Daoud Group.
“Oman has become a pivotal geographical location for cargo flows to and from Qatar.
Unlike some of the Gulf Cooperation Council (GCC) countries, Oman has not introduced economic sanctions and its trade with Qatar has increased by more than three times since the embargo started two years ago,” said Charles Francis, Panalpina’s country manager for Qatar, Kuwait and Oman.
Earlier, an agent handled Panalpina’s operations in Oman.
Panalpina Oman will now cover core activities such as air freight, ocean freight and customs clearance.