Non-bank financing spurs Oman’s private sector growth
MUSCAT: The alternative financing sector is gaining traction in Oman, emerging as a key catalyst for private sector development, according to Olivier Karno, Global Editor-in-Chief at Oxford Business...
Mazoon copper project puts environmental sustainability at forefront
MUSCAT: Environmental sustainability is a key defining feature of Oman’s largest copper mining endeavour, the Mazoon Copper Project, according to Mattar bin Salim al Badi, CEO of Minerals...
GCC-UK trade slides 13.86% in 2023
MUSCAT: The total trade exchange between countries of the Gulf Cooperation Council and the United Kingdom declined by 13.86% in 2023, in comparison to 2022, according to recent data from the GCC...
Newly formed tourism body targets job growth
MUSCAT, JULY 15 Increasing employment within the tourism industry in Oman is amongst the top goals of the newly established Oman Tourism Association. Speaking to the press, the Chairman of the first...
Duqm-2 launch aborted due to technical glitch
DUQM: Etlaq Spaceport’s highly anticipated experimental rocket launch mission “Duqm-2” was aborted due to a technical issue on Sunday. According to the company, the team behind the launch...
First-ever directory of space sector companies unveiled
MUSCAT, JULY 13 The Ministry of Transport, Communications and Information Technology has launched a first-ever directory of space sector companies. The Private Sector Directory Space Sector 2024,...
OIA launches $200 million JV energy transition fund
MUSCAT: Oman Investment Authority (OIA) launched a $200 million joint energy transition fund here yesterday, July 9, 2025. ‘The Energy Transition Fund’ is the result of a partnership between...
Etlaq set for Duqm-2 suborbital rocket launch
DUQM: Etlaq, the MENA region’s first spaceport established at Duqm in the Sultanate of Oman, is preparing for its first experimental rocket launch of the year with the ‘Duqm-2’ mission. The...
OPAZ inks key pacts to kickstart EZAD
MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed on Sunday, July 6, 2025, a series of agreements and memoranda of understanding (MoUs) related to the establishment...
Oman celebrates International Seafarers
MUSCAT, JULY 2 The Ministry of Transport, Communications and Information Technology (MoTCIT) celebrated the International Day of the Seafarer here on July 2, 2025, under the auspices of Dr Said bin...
Locations for proposed Al Jabal Al Akhdhar Airport
MUSCAT, JUNE 30 The Civil Aviation Authority (CAA) is in the process of appointing a consultancy firm to select a site for the newly announced airport at the Wilayat of Al Jabal Al Akhdhar in Al...
CEO TALK: "Innovation is a responsibility, not a luxury"
MUSCAT, JUNE 30 To Maryam al Aamri, innovation is not luxury - it is a responsibility. As the CEO of Matterz Group, Oman's first company dedicated to developing skills and behaviors through...
OIA boosts local content spending to RO 265.5 million in 2024
MUSCAT: Local content spending by Oman Investment Authority (OIA), the government’s investment arm, totaled RO 265.5 million in 2024, OIA President Abdulsalam bin Mohammed al Murshidi revealed on...
OIA assets grew by RO 1.585 bn in 2024
MUSCAT: Oman Investment Authority (OIA) reported a RO 1.585 billion increase in total assets in 2024, raising its portfolio to RO 20.425 billion, it was announced at the Authority’s annual media...
New personal data protection guidelines mandated for auditors
MUSCAT, JUNE 17 The Ministry of Transport, Communications and Information Technology (MoTCIT) has unveiled new standards and requirements for the accreditation of external personal data auditors in...
Rise in complaints amidst growth in e-commerce
MUSCAT, JUNE 16 As e-commerce gains traction in Oman, the Consumer Protection Authority (CPA) has reported a rise in complaints from consumers in the Sultanate of Oman. Speaking to the Observer...
Oman Lens partners with Bahrain Space Agency
MUSCAT, JUNE 15 Omani space start-up Oman Lens has partnered with Bahrain’s Space Agency and China based Starvision to launch an AI-powered payload on board its satellite OL-1, marking the first...
Capital markets key to Oman Vision 2040
MUSCAT: A key conference spotlighting Oman's Capital Market opened here yesterday, Thursday, June 12, under the auspices of Dr Said bin Mohammed al Saqri, Minister of Economy. The ‘Oman Capital...
Oman’s first solar-powered community launched
AL KHABOURAH: In a landmark development, the initial phase of Oman’s first eco-friendly residential community was launched here on Wednesday for families affected by Cyclone Shaheen in Al Batinah...
Space Engineering Lab under development in Oman
MUSCAT, JUNE 3 The National Space Programme is currently developing a space engineering laboratory in collaboration with Sultan Qaboos University (SQ), according to a key official associated with the...