Investment opportunities worth RO 1.2 billion identified in Oman’s maritime sector
The total value of cargo handled by Omani ports amounted to RO 15.986 billion in 2023, according to data shared by Captain Majid bin Saif al Barhi, Director General of […]
MENA’s largest fish canning factory begins operations in Duqm SEZ
The largest fish canning factory in the Middle East and North Africa (MENA) region began operations at a site in Duqm Special Economic Zone (SEZ) in the first quarter […]
Bidders invited to prequalify for PDO’s Manazil Project
Petroleum Development Oman (PDO) has invited contracting firms to prequalify for its tender for the implementation of the Manazil Project – a major initiative to provide improved accommodation and welfare […]
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 […]