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Oman participates in 9th World Cities Summit in Singapore
The Sultanate of Oman, represented by Muscat Municipality, participated in the ninth edition of the World Cities Summit, held in the Republic of Singapore and concluded yesterday. The summit was […]
Oman Investment Authority’s assets value hits RO 19 billion
Oman Investment Authority (OIA) announced that its assets have grown by over RO one billion, reaching a total of RO 19.240 billion. Additionally, OIA achieved profits that surpassed RO 1.7 […]
Oman Air committed to total transformation for growth: CEO Korfiatis
The recently appointed CEO of Oman Air, Con Korfiatis, in an exclusive interview with the Observer, said the airline is committed to total transformation by 2027, which he considered is […]
State’s General Budget reports 25% surge in public revenues
The actual performance of the State’s General Budget for the year 2023 reports a 25% rise in public revenues, reaching approximately RO 12.542 billion compared to the approved budget estimates […]
Oman takes delivery of latest commercial fishing vessel
Fisheries Development Oman (FDO) – the fisheries sector investment arm of Oman Investment Authority (OIA) – took delivery on Friday, May 31, 2024, of a new commercial fishing vessel – […]
Oman’s first satellite to be used for gas networks monitoring
Data from Oman’s first satellite Aman-1, which was launched by Omani ETCO Space, will be used to monitor and track the country’s gas networks per an agreement signed during COMEX […]
OSCAR global consortium to explore alternative fuels production in Oman
Parties comprising OQ Alternative Energy (OQAE) – an OQ Group company, Dutco, Sumitomo Corporation Middle East FZE, Automobili Lamborghini SpA and Airbus have formed the OSCAR (Oman Sustainable Cars and […]
OFM purchases 10,000 metric tonnes of Omani wheat crop
Oman Flour Mills Company (OFM) received a batch of Omani wheat crops, which cultivated in the year 2024. The total quantity of Omani wheat crops, that will be purchased by […]
Oman reiterates condemnation of Israeli aggression
The Sultanate of Oman expressed its strong condemnation and denunciation of the continued Israeli aggression targeting the camps for displaced people in Rafah in the Gaza Strip. It called on […]
Omani firms eye contracts for rail depot and freight yards
As preliminary work commences on the landmark Hafeet Rail project, connecting Abu Dhabi in the UAE with Suhar on the Sea of Oman coast, local contractors are now keenly eyeing […]