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Ports, roads and digital economy drive Oman’s next development push
Oman is stepping up investment in transport, ports and digital infrastructure as it moves into the next phase of its long-term economic diversification drive, with more than RO1.2 billion ($3.1 […]
Talks focus on regional developments
His Majesty Sultan Haitham bin Tarik gave an audience at Al Barakah Palace on Tuesday to Shaikh Jarrah Jaber Al Ahmad al Sabah, Minister of Foreign Affairs of the State […]
Oman oil price reaches $70.52 per barrelOman oil price reaches $70.52 per barrel
The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday’s price of $70.70. The monthly […]
Oman, UAE sign deal to launch Al-Rawdah SEZ
The Public Authority for Special Economic Zones and Free Zones (OPAZ) has entered into a landmark agreement with Mahdah Development Company—an Omani-Emirati partnership represented by DP World—to develop and operate […]
Green energy for Oman’s smart city projects
Oman’s national grid will be suitably expanded and modernized to help meet a dramatic leap in the green energy requirements of a slate of Smart Cities and sustainable urban development […]
OETC completes full repayment of $ 1 billion “Lamar” bonds
Oman Electricity Transmission Company (OETC), a member of the Nama Group, has announced the full repayment of its $ 1 billion “Lamar” bonds, which were issued in 2015 to finance […]
MSX unveils investment initiatives
The Muscat Stock Exchange (MSX) has affirmed its commitment to stimulating the market and enhance the investment environment to attract more local and international investments, thereby contributing to the overall […]
Unido highlights Oman’s key role in energy transition
The United Nations Industrial Development Organization (Unido) has underlined Oman’s significant role in the global energy transition. Speaking at the Omani Industry Day celebrations earlier this week, Gerd Müller, Director […]
Oman-Qatar forum explores investment opportunities
The Omani-Qatari Economic Forum was held on January 29, 2025, at the St Regis Muscat, in the presence of Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment […]
Energy-generating walkways proposed in Oman
A team of young Omani innovators from Sultan Qaboos University has proposed the installation of energy-generating corridors in public spaces to harness and convert the kinetic energy of footsteps into […]