Oman launches EPC tender for Ras Markaz oil park expansion
MUSCAT: Oman has launched the engineering, procurement and construction (EPC) tender process for the next phase of development of the Ras Markaz Crude Oil Park, inviting qualified Omani and...
Philippine business eyes Oman opportunities
MUSCAT: Philippine business leaders expressed growing interest in expanding commercial links with Oman on July 26, as the Third Oman–Philippines Forum showcased investment opportunities in the...
Oman, Philippines push investment corridor
MUSCAT: Oman and the Philippines are seeking to deepen trade and investment ties by positioning themselves as regional gateways linking Southeast Asia with the Gulf Cooperation Council (GCC), as both...
Oman streamlines OFW hiring with unified system
MUSCAT: The Sultanate of Oman has introduced a centralised medical examination and visa processing system for Filipino workers, a move aimed at accelerating recruitment, improving service quality and...
Rakiza deepens Oman’s water infrastructure push
MUSCAT: Rakiza Fund I and IV3 Aqua have agreed to acquire Majis Industrial Services SAOC from OQ, strengthening private-sector investment in Oman's industrial water infrastructure as the...
PDO seeks bids for flare gas, seismic projects
MUSCAT: Petroleum Development Oman (PDO) has launched two procurement opportunities aimed at reducing gas flaring and strengthening subsurface exploration capabilities, inviting qualified local and...
Oman opens bidding for Salalah limestone mining sites
MUSCAT: The Ministry of Energy and Minerals has launched a public investment opportunity for two limestone mining sites in Salalah, inviting qualified Omani companies to bid for the projects as part...
Oman advances SOHAR polymer plant
MUSCAT: Oman has taken a step towards expanding its downstream chemicals industry after a financing agreement was signed to support the establishment of a major acrylamide and polyacrylamide...
India opens tariff quotas for Omani exports
MUSCAT: India has formally notified the procedures for implementing tariff-rate quotas (TRQs) under the Oman-India Comprehensive Economic Partnership Agreement (CEPA), paving the way for preferential...
Nama accelerates drive towards fully Omani water workforce
MUSCAT: Nama Water Services is stepping up its workforce localisation strategy with a new intake of 303 Omani employees as the state-owned utility moves closer to achieving full Omanisation across its...
Oman LNG exports reach 11.9 million tonnes
MUSCAT: Oman exported 11.9 million tonnes of liquefied natural gas in 2025, ranking as the world’s eighth-largest LNG supplier and accounting for 2.7 per cent of global trade, according to the...
IFC sees United Solar as diversification catalyst
MUSCAT, JULY 8 The International Finance Corporation (IFC) views its investment in United Solar Polysilicon's $1.6 billion manufacturing facility in Suhar as a strategic step towards building a...
Oman pharmaceutical market to hit $1.24 billion
MUSCAT, JULY 7 The Sultanate of Oman is positioning its special economic zones, free zones and industrial cities to capture a larger share of the fast-growing pharmaceuticals and medical devices...
United Solar closes $1.6 bn funding
MUSCAT, JULY 6 United Solar Polysilicon has completed a $1.6 billion capital raising for its polysilicon manufacturing project in Sohar after securing the financial close of a $50 million equity...
Asyad Shipping secures food cargo support
MUSCAT, JULY 1 Asyad Shipping will receive government support covering 50 per cent of fuel and insurance costs for eligible food cargo shipments on the India-Oman trade route for up to six months,...
Initiative launches drive for secure enterprise AI in Oman
MUSCAT, JUNE 29 A new telecom and technology alliance on Monday unveiled a coordinated effort to accelerate the deployment of localised, secure artificial intelligence (AI) across the Omani corporate...
Royal visit to strengthen Oman-France relations
MUSCAT, JUNE 27 The Omani French Friendship Association (OFA) is positioning itself to play a key role in translating the outcomes of His Majesty Sultan Haitham bin Tarik's royal visit to France...
Oman launches RO 5m community solar programme
MUSCAT, JUNE 24 Oman on Tuesday launched a RO 5 million community solar energy programme aimed at expanding access to renewable power, cutting electricity costs for households and encouraging greater...
Oman awards RO 73.4 million in development works
MUSCAT, JUNE 23 Oman has completed award procedures for 35 development-related projects and service contracts worth RO 73.37 million, led by road, health, housing and utilities works, the Projects,...
Transport, storage sector adds RO 2.3 billion to economy
MUSCAT, JUNE 22 Oman's transport and storage sector contributed RO 2.3 billion to the national economy in 2025, accounting for 3.6 per cent of gross domestic product, as rising cargo volumes,...