Credit granted by banks in Oman rises to RO 30.8 billion
By the end of April 2024, the total amount of credit extended by the Omani banking industry has grown by 2.6 per cent to RO 30.8 billion. According to data […]
PDO wins five awards at GCC International CSR Conference and Awards 2024
In recognition of its outstanding contributions to corporate social responsibility, Petroleum Development Oman (PDO) received five awards at the 2nd GCC International Corporate Social Responsibility (CSR) Conference and Awards 2024, […]
PDO evaluating bids for two 100 MW wind projects
Petroleum Development Oman (PDO), the country’s biggest oil and gas producer, has announced progress in the development of a string of renewable energy projects designed to support the decarbonisation of […]
Silal Central Market commences trial operations at Khazaen
The Central Fruit and Vegetable Market (Silal) commenced trial operations at Khazaen Economic City on June 29, 2024. It serves as a national and international platform for the marketing, exporting, […]
OIA’s National Development Portfolio assets reach RO 12.175 billion
The National Development Portfolio, managed by the Oman Investment Authority (OIA), significantly boosted economic diversification in Oman throughout 2023. This was achieved by launching and announcing local projects across several […]
Oman issues statement on Global Competitiveness Index
The National Competitiveness Office has issued a statement on developments on why the Sultanate of Oman does not figure in the Global Competitiveness Index 2024, issued by the International Institute […]
Oman’s oil production dips 5.5% during Jan – May period
The oil and gas sector has experienced a notable decline in oil production since 2023, as detailed in a recent report released by the National Centre for Statistics and Information […]
Contracts awarded for construction of AIDA Phase 1
Dar Global, the London-listed luxury international real estate developer, is excited to announce the awarding of the main works construction contract for the villas in the first phase of AIDA, […]
Taqah forum stresses key role for farm associations in sustaining Oman’s agri sector growth
The Wilayat of Taqah, in collaboration with the Directorate General of Agricultural, Fisheries, and Water Resources in Dhofar Governorate, hosted a significant forum focusing on initiatives to support sustainable agriculture, […]
Equal National Opportunities forum showcases innovative entrepreneurial experiences
The Public Authority for Special Economic Zones and Free Zones (OPAZ), in cooperation with the Ministry of Agriculture, Fisheries and Water Resources, organized the second edition of the “National Equal […]