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Asyad Group acquires key stake in Uzbek logistics platforms
Asyad Group, the global integrated logistics provider of the Sultanate of Oman, announced the closing of a strategic transaction to acquire a controlling stake in key logistics platforms in Uzbekistan, […]
RO 3.4 billion investments strengthen Oman’s logistics edge
The Oman Chamber of Commerce and Industry (OCCI), represented by its Transport and Logistics Committee, in cooperation with the Ministry of Transport, Communications and Information Technology, organized a workshop […]
Oman secures $1 billion battery materials project
Oman has secured a major investment in the fast-growing global battery supply chain with the launch of a $ 1 billion project to produce lithium-ion battery anode materials in Sohar […]
Oman launches investment projects with guaranteed buyers
The Ministry of Commerce, Industry and Investment Promotion has unveiled a new package of investment opportunities backed by guaranteed purchase agreements, a move designed to reduce investor risk and improve […]
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 […]