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$300m polymer plant breaks ground at SOHAR Port
In a landmark event for Oman’s industrial sector, the world’s second-largest polymer production plant has begun construction at SOHAR Port and Freezone. Spearheaded by Universal Fine Chemicals SPC, the project […]
OQ signs RO 25.5 million investment deals
OQ Group has inked seven investment agreements worth RO 25.5 million ($66.4 million) with local and international firms to establish industrial ventures under the Ladayn Plastic Industries Programme. The initiative, […]
His Majesty gives audience to Princess Hajah Masna
His Majesty Sultan Haitham bin Tarik gave an audience to Princess Hajah Masna, the Ambassador-at-Large of the Ministry of Foreign Affairs of Brunei Darussalam, at Al Baraka Palace. […]
Oman establishes net zero centre
The Ministry of Energy and Minerals has announced the establishment of the Oman Net Zero Centre through Ministerial Decision No. 2024-35, issued by Eng Salim Nasser al Aufi, Minister of […]
His Majesty leaves for Türkiye
His Majesty Sultan Haitham bin Tarik left here on Thursday heading to the Republic of Türkiye on a two-day state visit, during which he will meet President Recep Tayyip Erdogan. […]
Oman launches work on new A’Thuraya City project
The Ministry of Housing and Urban Planning has initiated formal development of A’Thuraya City – the latest in a portfolio of signature urban residential developments designed to offer upscale, yet […]
Oman advances in digital economy indicators
The Technical Committee of the National Digital Economy Program convened its second meeting for 2024, chaired by Dr Ali bin Amer al Shidhani, Under-Secretary of the Ministry of Transport, Communications, […]
Oman’s economy grows amid reform progress: IMF
Oman’s economy is on a steady growth trajectory, supported by robust reforms under Oman Vision 2040, according to the International Monetary Fund (IMF). In its End-of-Mission press release following the […]
Membership of GAGE to spur Oman’s green energy transition
The Sultanate of Oman’s recent membership of the Global Alliance on Green Economy (GAGE) – a key international platform committed to building national capacities of members in their transition to […]
Oman oil price jumps $1.71 per barrel
The official price of Oman crude oil on Tuesday for January delivery surged to $72.21 per barrel, reflecting an increase of $1.71 from Monday’s price of $70.50. The monthly average […]