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Oman Construction Sector The construction sector in Oman is witnessing robust activities with the value of the total 2,410 active projects exceeding $190 billion in April 2018, according to BNC Network. PDO-Phaze Pact Petroleum Development Oman (PDO) has partnered with Omani investment group Phaze Ventures to set up a new platform to boost local energy start-ups and attract companies from around the world to the Sultanate. Incubation Agreements In line with its efforts to present a premier platform to support and develop Omani entrepreneurs, the National Business Centre, which pertains to the Public Establishment for Industrial Estates, signed four incubation pacts with local firms. China April Exports China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy. Saudi Budget Gap Saudi Arabia's first quarter budget deficit stood at SR34.3 billion ($9.15 billion), around 18 per cent of the total gap forecast for 2018, the finance ministry said on Monday. Website: http://timesofoman.com Facebook: / timesofoman Twitter: / timesofoman