author - oman observer

Khazaen Economic City signed an investment agreement with Al Awael Smart Building LLC to build a smart bricks factory in Khazaen. The agreement was signed by Fares al Khaldi of Al Awael Smart Building...

Asyad, the national logistics group of the Sultanate of Oman, has outlined plans to expand in the logistics sector, both regionally and globally.Abdulrahman al Hatmi, Asyad Group CEO, said in an...

After witnessing a decline for two consecutive months, the Muscat Stock Exchange — the only bourse of the Sultanate of Oman — has emerged as the best performing market in the Gulf Cooperation...

Oman Electricity Transmission Company (OETC) – a member of Nama Group – announces the completion of the construction of a grid station and its associated transmission lines in the Wilayat of...

The Public Establishment for Industrial Estates (Madayn) inaugurated an integrated vehicle service station in Al Buraimi Industrial City. The inauguration was held under the auspices of Sayyid Dr...

The lending activities of the banks in the Gulf Cooperation Council (GCC) remained robust during Q3 2022 resulting in record high loan books at the end of the quarter, Kamco Invest said in a report....

The Ministry of Agriculture, Fisheries and Water Resources (MAFWR) last week said the ministry, in cooperation with the Food and Agriculture Organisation of the United Nations (FAO), currently has...

Wireless infrastructure group Helios Towers said “all closing conditions” are met as it set to acquire 2,890 cell tower sites of Omantel, Oman’s national operator. The $575 million deal —...

Total net profits for listed companies in Muscat Stock Exchange increased by 14% year-on year (y-o-y) to $457.6 million in Q3 2022 as compared with $401.4 million in Q3 2021, according to Kamco...

In an effort to decrease reliance on food imports and to achieve self-sufficiency in agricultural products, the Omani government decided to venture into smart farming by collaborating with Nongshim, a...

Alara Resources Limited, an Australian-based precious and base metals explorer and developer, has announced that a range of construction building activities have substantially progressed at its Al...

Oman Electricity Transmission Company (OETC), a member of Nama Group, announced the successful completion of the construction works of the Mirbat power station with a voltage of 132/33 kV and the...

Al Mazunah Free Zone, the Sultanate of Oman’s first free zone, has attracted 248 projects to date, cementing its importance as a hub for trade and investment, Engineer Ali bin Salem al Maashani...

OQ, Oman’s government-owned integrated energy group, announces the start of operations at the third crude oil processing plant at Bisat oilfield, located in its Block 60 concession. The plant's...

The Sultanate of Oman envisions significant potential to boost trade and economic relations with Brazil. Talal al Rahbi, Oman’s new ambassador to Brazil, said he would intensify efforts to expand...

@JmObserver The Duqm Refinery project, the largest project in the field of refineries and petrochemicals, will start its commercial operation by the end of next year, Shafi al Ajmi, the CEO of...

@JmObserver - The Sultanate of Oman saw a growth of 18.2 per cent in total domestic sales in refineries until end of September 2022 compared to the same period last year.According to figures...

The International Energy Agency (IAE) has applauded the Sultanate of Oman’s decarbonisation efforts. “The reason Oman is such an important country for us at the IEA is because (the country) is...

Gross oil production from the Yumna Field in Block 50 offshore 50 Oman reached an average of 3,678 stock tank barrels per day (stb/d) in October 2022, according to latest statement of Masirah Oil...

Rising global energy demand growth means that renewable energy resources alone are unlikely to meet the planet’s energy requirements, said Eng Salim bin Nasser al Aufi, Minister of Energy and...