author - oman observer

MUSCAT, SEPT 23Oman's gross domestic product (GDP) at current prices for the first half of 2023 reached RO 20.349 billion, a slight decrease from the RO 20.889 billion recorded in the same period of...

MUSCAT, SEPT 23In an era where combating climate change is of paramount importance, the role of technological innovations in carbon removal cannot be overstated. Recently, renowned philanthropist Bill...

In the recently published Fishery and Statistics Yearbook for 2020 by the Food and Agriculture Organization (FAO) of the United Nations, Oman's thriving fishery industry and impressive statistics have...

A leading international bank, Standard Chartered, has made a significant announcement regarding its first-ever green guarantee in Oman. The bank issues green guarantee to China Energy Engineering...

The Public Authority for Special Economic Zones and Free Zones (OPAZ) unveiled its latest innovation, the Omap platform yesterday. This digital portal revolutionises the way people access...

MUSCAT: The Sultanate of Oman's gross domestic product (GDP) at constant prices reached RO 17.044 billion in the first half (H1) of 2023, reflecting a slight increase compared to RO 16.700 billion...

MUSCAT: OQ8 — a joint venture between Oman’s OQ Group and Kuwait Petroleum International (KPI) — has achieved a significant milestone by exporting the first ultra-low sulphur diesel (ULSD)...

MUSCAT: An enlightening symposium dedicated to exploring the vast potential of hydrogen storage within the Sultanate of Oman was held on September 13. The event, sponsored by Green Hydrogen Summit...

MUSCAT: The IFN Oman Forum 2023, held on September 12, brought together financial experts, regulators and industry leaders to delve into Oman’s remarkable journey in the realm of Islamic finance....

MUSCAT: Following the issuance of ESG guidelines on September 11 for publicly listed and registered as ‘SAOG’ on Muscat Stock Exchange, (MSX), all publicly listed companies are encouraged to...

MUSCAT: Oman's Ministry of Energy and Minerals recently chaired the 11th meeting of the Renewable and New Energy Committee, in cooperation with the General Secretariat of the GCC, represented by the...

MUSCAT: A leading energy firm in Pakistan, Pakistan GasPort, is considering Oman as a potential source for a spot liquefied natural gas (LNG) purchase. The company's Chairman, Iqbal Ahmed, revealed...

State-owned enterprise, Oman Airports - part of Oman Investment Authority - has successfully launched yesterday a test flight that seamlessly links sea and air cargo operations through Salalah...

MUSCAT, SEPT 6Oman crude oil prices, traded via Dubai Mercantile Exchange (DME), surged to $90.41 per barrel on September 6, 2023, marking the highest level in 11 months. The last time prices reached...

MUSCAT, SEPT 5The Special Economic Zone at Duqm (SEZAD), located in Al Wusta Governorate at the heart of the Sultanate of Oman, is emerging as a key business hub in the Middle East and North Africa...

Muscat: OQ Gas Networks (OQGN) is at the forefront of Oman's economic development, playing a pivotal role in the country's gas transportation infrastructure. With a natural monopoly over essential gas...

MUSCAT: In a major stride towards achieving a unified customs system, the 5th meeting of the Board of Directors (BoD) of the Customs Union Authority of the Gulf Cooperation Council (GCC) was recently...

MUSCAT: Hydrom, a subsidiary of state-owned Energy Development Oman, is calling global energy companies to participate in Round 2 public auction for the development of green hydrogen production in...

MUSCAT: Oman Electricity Transmission Company (OETC) - a member of Nama Group - has officially commissioned the 400/132 kV Suwayhat grid station, a significant milestone in the national infrastructure...

MUSCAT: Oman's banking sector continues to make strides in its financial performance, showcasing steady growth in return on equity (RoE) amidst an overall positive trend in the Gulf Cooperation...