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AI key to securing technologically advanced future for Oman: Expert
Artificial Intelligence (AI) has the potential to play a pivotal role in addressing national challenges and empowering every citizen in the Sultanate of Oman, particularly in light of the government’s […]
Oman’s natural gas production, import reach 4.190 bn cubic metres
The Sultanate of Oman’s total domestic production and import of natural gas reached more than 4.190 billion cubic metres until end of January 2024, a decrease of 7.7 per cent […]
Bank Muscat Oryx Fund distributes highest ever dividend of 72 baizas per unit to its investors for FY 2023
Bank Muscat Oryx Fund continues to reward its investors with a growing stream of dividend distributions and capital growth. The Fund’s management body, in its meeting held on February 18, […]
‘Made in Oman’ SUV to be ready this year
The country’s first electric SUV to be manufactured at Duqm will be ready for customers by the end of this year. The company, Mays, said through its social media account […]
Oman, Germany ink pact to explore green hydrogen value chain
Aiming to strengthen bilateral relations and cooperation in the field of energy, Salim bin Nasser al Aufi, Minister of Energy and Minerals, met Dr Robert Habeck, Vice Chancellor of Germany, […]
SMN Barka Power secures 9-year water supply pact in Oman
In a move that strengthens Oman’s water security, SMN Barka Power Company SAOC, a subsidiary of SMN Power Holding SAOG, has entered into a new Water Purchase Agreement (WPA) with […]
Oman sees $40 – 60 bn commitment towards new hydrogen industry
Underscoring the magnitude of Oman’s new green hydrogen industry, investments in the first wave of giga-scale energy projects underpinned by support utilities collectively referred to as ‘common infrastructure’, are expected […]
Oman’s economic upturn signals business opportunities: Expert
The Sultanate of Oman is capitalising on its domestic and regional economic momentum, paving the way for new business prospects in the country, this according to Robert Mogielnicki, a senior […]
Dutch group explores green hydrogen cooperation with Oman
An official delegation representing prominent European energy infrastructure company Gasunie recently wrapped up a visit to the Sultanate of Oman aimed at exploring opportunities for cooperation in the field of […]
GIG Gulf wins CMA nod to provide E-insurance in Oman
GIG Gulf, one of the largest insurance providers in the MENA region including the Sultanate of Oman, has announced that it has received approval from the Capital Markets Authority (CMA) […]