Alara’s Oman ore processing tops target by 14%
Alara Resources’ Al Wash-hi Majaza copper concentrator in the Sultanate of Oman processed 285,141 tonnes of ore in the September quarter, exceeding its target by 14 per cent, as the company...
Muscat charts maritime resilience framework
MUSCAT, OCT 27 Asyad Group, the end-to-end logistics solutions flagship of the Sultanate of Oman, is seeking to develop what it describes as the world’s first fully integrated maritime resilience...
Omani women urged to turn opportunity into impact
MUSCAT, OCT 25 Omani women entrepreneurs need to translate widening business opportunities into sustainable enterprises, while social initiatives must demonstrate measurable results to secure lasting...
Oman energy push needs broader funding
MUSCAT: Oman’s expanding renewable energy and electricity infrastructure plans will require broader funding sources and stronger project structures to attract investment, a senior Sohar...
RO 44.5m projects launch in Al Irfan’s expansion
MUSCAT, OCT 15 Madinat Al Irfan is seeking to turn its growing corporate presence into demand for homes through RO 44.5 million in residential projects, as development partner Hassan Allam Holding...
Oman widens renewable certificate market
MUSCAT, OCT 12 Nama Power and Water Procurement (PWP) has sold more than 600,000 International Renewable Energy Certificates to buyers in Oman and is offering around 3 million to the market, as...
Private 5G targets industrial efficiency gains in Oman
MUSCAT, OCT 7 Private 5G networks could help Oman’s oilfields, ports and logistics operators reduce downtime and improve coordination by linking equipment, workers and operational data, with...
Oman’s 44.01 eyes global carbon storage growth
MUSCAT, OCT 6 Award winning Omani climate tech 44.01 is expanding into industrial carbon storage and European markets as it seeks customers and investment to scale up a process that turns carbon...
Hema Energy targets EPC projects with Azerbaijani partner
MUSCAT, OCT 5 Hema Energy is pursuing engineering, procurement and construction (EPC) projects in Oman through a partnership with Azerbaijan-based BBG Energy, with the first project expected to start...
Oman, Philippines conclude investment pact talks
MUSCAT, OCT 3 The Sultanate of Oman and the Philippines have concluded negotiations on an investment protection agreement, with signing planned before the end of 2026, the Philippine Board of...
Omani EV maker MAYS signs $17.9 million Uzbekistan deal
MUSCAT: Omani electric vehicle (EV) company MAYS has signed a $17.9 million agreement to supply 750 vehicles to Uzbekistan, marking a major export breakthrough for the home-grown automotive brand as...
OQBI advances methanol expansion study in Oman
MUSCAT, SEPT 29 OQ Base Industries (OQBI) is proceeding with detailed studies for a proposed expansion of its methanol plant as the company evaluates a range of financing options for future growth...
Oman health venture plans $10 million investment
MUSCAT, SEPT 28 Healthcare and medical technology innovator GenomaLab Medical Group plans to invest nearly $10 million in its first year of operations in the Sultanate of Oman as the healthcare and...
Sold-out project signals premium office demand
MUSCAT, SEPT 23 The rapid sell-out of a new 39,000-square-metre business park in Muscat signals demand for premium office space that combines workplace facilities with hospitality, leisure and...
Can digital money be Sharia-compliant?
MUSCAT, SEPT 21As digital payments become increasingly embedded in Oman’s economy, an accompanying question is gaining importance for its rapidly expanding Islamic-finance industry: can digital cash...
Islamic banks see SMEs, digital services driving next growth phase
MUSCAT, SEPT 16 Oman’s Islamic banking industry should expand financing to small and medium enterprises and accelerate digital services as increasingly sophisticated customers demand speed,...
Oman Islamic finance seeks deeper, more liquid markets
MUSCAT: Oman’s Islamic finance industry needs deeper capital markets, greater liquidity and a broader range of investment products to sustain its rapid expansion as the sector heads towards an...
Oman Islamic banking assets top RO 9.6 billion
MUSCAT: The Sultanate of Oman is moving to deepen its Islamic money and sukuk markets as the Central Bank of Oman (CBO) seeks to strengthen the sector’s role in financing investment, economic...
Sharia-compliant firms hit RO 8 billion market value
MUSCAT: The market capitalisation of 35 Sharia-compliant companies on the Muscat Stock Exchange (MSX) has reached around RO 8 billion, accounting for about 52 per cent of the relevant market universe,...
Oman's Islamic banking assets top RO 9.6 billion
MUSCAT: Oman is moving to deepen its Islamic money and sukuk markets as the Central Bank of Oman (CBO) seeks to strengthen the sector’s role in financing investment, economic diversification and the...