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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 […]
Divestments garner RO 1 billion in revenues over 2022-23: OIA
Having generated over RO 1 billion over the 2022-2023 timeframe through divestments in its subsidiaries and affiliated companies, Oman Investment Authority (OIA) has pledged to press ahead with its divestment […]
Oman’s aquaculture output tops 5,000 tonnes
Aquaculture projects in the Sultanate of Oman, owned and operated predominantly by subsidiaries of the Fisheries Development Oman (FDO) – part of Oman Investment Authority (OIA) – generated over 5,000 […]
SEZAD officials confer with AIIB delegation
The Special Economic Zone at Duqm (SEZAD) received on Monday, September 9, 2024, a delegation from the Asian Infrastructure Investment Bank (AIIB). The delegation met with Dr Ali bin Masoud […]
Investment opportunities abound in Dhofar’s industrial and food sectors
The Ministry of Commerce, Industry, and Investment Promotion announced that the number of industrial license applications in Dhofar Governorate saw a significant increase during the first half of 2024, with […]
Sahil Hamran housing project: 18 years on, and still no completion in sight
For nearly two decades, the residents of Sahil Hamran in the Dhofar Governorate have awaited the completion of a housing project that promised to transform their lives. Yet, despite the […]
Fuel marketers expand EV charging network across Oman
Oman Oil Marketing Company SAOG (OOMCO), a subsidiary of OQ Group, has announced the successful installation of 12 EV charging stations at strategic locations around the Sultanate of Oman – […]
Oman-EU trade exchange valued at RO 878.4 million
Trade exchange between the Sultanate of Oman and European countries reached RO 878,404,292 by the end of May 2024, compared to RO 802,204,770 during the same period in 2023, an […]
OQGN mulls clean energy initiatives to support decarbonisation
A decarbonisation pathway unveiled OQ Gas Networks (OQGN), the exclusive operator of Oman’s gas transportation network, envisions a wide array of clean energy and electrification initiatives, alongside strategies to enhance […]
Sohar Port and Freezone celebrates over 400 students in second edition of Maseer program
Under the patronage of Sheikh Haitham Al-Shehi, Deputy Wali of Liwa, SOHAR Port and Freezone proudly celebrated the remarkable achievements of over 400 students from Suhar and Liwa during a […]
