Mubasher: Muscat Gases (MGMC) board of directors recommended distributing cash dividends at 35% of capital, pending the approval of the company’s annual general meeting to be held on 24 March.

The company achieved OMR 1.30 million ($3.37 million) net profit in 2015, compared to OMR 1.36 million ($3.52 million) in 2014.