author - oman observer

MUSCAT, MAY 13 Asyad Shipping posted a 41 per cent increase in net profit for the first quarter of 2026, driven by stronger profitability, high fleet utilisation and continued expansion of its...

MUSCAT: Oman Environmental Services Holding Company (be’ah) has announced a new package of industrial investment opportunities aimed at strengthening Oman’s manufacturing base, reducing import...

MUSCAT, MAY 11 South Korean clean technology firm ELB&T is positioning its upcoming Duqm project as more than just an electric vehicle manufacturing facility, with plans to build an integrated green...

MUSCAT, MAY 10 Al Suwadi Power Company SAOG and Al Batinah Power Company SAOG have announced that they have commenced a preliminary assessment of a potential merger, alongside a review of refinancing...

Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed an investment usufruct agreement with South Korean company EL B&T to establish an electric vehicle and battery...

MUSCAT: A new hotel opening in Muscat is reflecting growing investor confidence in Oman’s tourism sector as the Sultanate of Oman continues to advance diversification goals under Oman Vision 2040....

MUSCAT: Founders in Oman must look beyond the domestic market from the outset if they are to build investable companies, according to insights shared by Vinnie Lauria, Founding Partner at Golden Gate...

MUSCAT: Labour cooperation between the Sultanate of Oman and the Philippines is entering a more dynamic phase, underpinned by strong institutional coordination, shared policy priorities and a renewed...

MUSCAT, APRIL 28 Nama Water Services (NWS), the state-owned integrated water and wastewater utility of the Sultanate of Oman, has accelerated infrastructure delivery and operational efficiency,...

Oman’s real estate sector is entering a more mature and disciplined phase, underpinned by structural reforms, evolving investor preferences and steady non-oil economic growth. The market is...

MUSCAT, APRIL 26 The Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed investment agreements exceeding RO 200 million to establish a portfolio of industrial projects across...

MUSCAT: Oman-based hospitality technology startup Fascano has raised $10 million to accelerate its regional expansion and strengthen its cloud-based platform, as hotels and restaurants across the...

MUSCAT, APRIL 15 OQ Exploration and Production (OQEP) has signed an Asset Sale and Purchase Agreement (ASPA) to acquire a 35 per cent non-operated participating interest in Block 27, further...

MUSCAT, APRIL 15 AeroVecto Aviation Services has signed a letter of intent with Australia-based Skyportz to introduce and test AeroBerm vertipad technology in Oman, as part of early efforts to assess...

MUSCAT, APRIL 14 The Sultanate of Oman is moving to deepen its aviation value chain with plans to establish a fully integrated aircraft maintenance, repair and overhaul (MRO) facility, alongside the...

MUSCAT, APRIL 13 Oman Airports delivered a strong financial and operational performance in 2025, underpinned by steady passenger growth, improved cost discipline and expanding international...

MUSCAT, APRIL 13 Oman's national carrier, Oman Air, has reported a significant turnaround in its financial and operational performance, carrying 5.8 million passengers in 2025 and achieving...

MUSCAT, APRIL 12 The Special Economic Zone at Duqm (SEZAD) continues to strengthen its position as a key investment and industrial hub, supported by cumulative committed investments reaching RO 6.394...

MUSCAT, APRIL 6 Oman’s crude oil production is set to reach 821,000 barrels per day (bpd) in May 2026 following a fresh Opec+ adjustment aimed at reinforcing market stability amid evolving global...

MUSCAT, APRIL 6 The Sultanate of Oman has completed a fully integrated solar module manufacturing chain, with total investments reaching RO 1.153 billion, marking a significant milestone in the...