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Initiatives to fuel new phase of Oman’s growth
Oman is poised to enter a new phase of industrial development, driven by its ambitious Industrial Strategy 2040 and Local Content Plan (ICV). These initiatives, launched by the Ministry of […]
OQ Base Industries IPO to raise over RO 180 million
The Financial Services Authority (FSA) has approved the prospectus for the initial public offering (IPO) of OQ Base Industries, a subsidiary of the Oman Investment Authority. As part of its […]
Oman plans National Foresight Office to navigate future challenges
Oman’s authorities are taking steps to set up a centralised unit dedicated to future-proofing the country against potential vulnerabilities and disruptive global developments with far-reaching impacts. The initiative, dubbed the […]
Al Wusta a vital regional hub for maritime logistics
The 5th Duqm Forum, held at the Oman Convention and Exhibition Centre, focused on the vast investment opportunities available in Al Wusta Governorate, emphasising the blue economy, food security, logistics, […]
SOHAR Port and Freezone a pioneer in clean energy and hydrogen trade
As the world intensifies efforts to decarbonise, ports are increasingly crucial in developing clean energy trade corridors. These commercial hubs are transforming from traditional logistics centres into key players in […]
Private institutions add RO 8.5 billion in value in Q2 2024
The total added value of private institutions in Oman reached RO 8.528 billion in the second quarter of 2024, according to preliminary figures released by the National Centre for Statistics […]
OQEP’s public offering subscribed 2.4 times
The Financial Services Authority (FSA) has approved the allocation ratios for OQ Exploration and Production (QQEP) Company shares after the subscription witnessed the coverage of the volume of offered shares […]
Key project cargo begins arriving for Oman polysilicon complex
Project cargo for the world-scale polysilicon production complex currently under construction at Sohar Freezone has been arriving at a rapid pace, underscoring the ambitious timelines for the delivery of this […]
SFD delegation visits SEZAD to explore project opportunities
A delegation from the Saudi Fund for Development (SFD) is visiting the Special Economic Zone at Duqm (SEZAD), where they met on Monday, with Sheikh Dr Ali bin Masoud al […]
CBO embraces sustainability with Islamic finance initiatives
The Central Bank of Oman (CBO) is stepping up its efforts to integrate sustainability into the country’s financial landscape, with a particular focus on Islamic finance. Speaking at the IFN […]