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 […]
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 […]
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 […]
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 […]
Oman and India commit to joint fund for sustainable infra

The 11th meeting of the Oman-India Joint Committee was held here yesterday, January 28, 2025, under the leadership of Qais bin Mohammed Al Yousef, Oman’s Minister of Commerce, Industry, and […]
Asyad Group plans to sell at least 20% of shipping unit via IPO

Asyad Group SAOC (“Asyad Group”), a prominent global integrated logistics provider, today announced its intention to offer at least 20% of the issued share capital in Asyad Shipping Company SAOG […]