On 14 January 2018, Muscat Electricity Distribution Company SAOC (MEDC) has awarded to OIFC the contract No. 13/2017 for bill printing and mailing services for Water and Electricity in Muscat Governortae. The contract value is OMR 1,040,040 and the duration of the contract is three years with effect from 1 January 2018 to 31 December 2020. OIFC expects reasonable profits out of this contract.