author - oman observer

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...

MUSCAT: The first-ever Waste-to-Energy (WtE) plant planned in the Sultanate of Oman presents a significant opportunity to attract environmentally conscious investors. A top official at be'ah (Oman...

MUSCAT: In a significant development for Oman’s electricity infrastructure, the Oman Electricity Transmission Company (OETC) — a part of Nama Group — has successfully achieved a remarkable...

MUSCAT: Oman has secured its position as the leading country in the Middle East and North Africa (MENA) region in terms of prospective solar farm capacity, according to the latest data released by the...

Muscat: In a recent mid-year assessment conducted by Numbeo, Oman has emerged as the top-ranked country in Asia for quality of life, securing the 7th position globally. The Quality of Life Index...

MUSCAT: In a recent mid-year assessment conducted by Numbeo, Oman has emerged as the top-ranked country in Asia for quality of life, securing the 7th position globally. The Quality of Life Index...

MUSCAT: In a strategic move aimed at promoting growth, improving credit ratings, and driving profitability, the Oman Investment Authority (OIA) — the integrated sovereign wealth fund of the...

MUSCAT, AUG 22Oman's hotel industry has demonstrated significant resilience and recovery as it records an impressive 27.8% increase in total revenues until July 2023 compared to the same period last...

MUSCAT, AUG 21The Sultanate of Oman’s total oil production (including condensates) until July 2023 reached 223.544 million barrels. This represents a slight increase of 0.2% from 223.176 million...

MUSCAT: In a recent report released by the World Resources Institute (WRI), the Sultanate of Oman has been identified as one of the world's top five most water-stressed countries. However, amidst the...

MUSCAT: In the highly competitive world of sovereign wealth funds (SWFs), the Oman Investment Authority (OIA) has emerged as the top performer in 2022, reporting a remarkable return of 8.8% on its...

MUSCAT, AUG 16In a significant development for the renewable energy sector, Shigeru Yamamoto, the Deputy General Manager of the Hydrogen Strategy Division at Kawasaki, has highlighted Oman's immense...

MUSCAT, AUG 15Oman Electricity Transmission Company (OETC) — a member of Nama Group — has celebrated a momentous achievement in its efforts to enhance the country’s electricity transmission...

MUSCAT, AUG 14Owners of green lodges, guest houses, and other hotel facilities licenced by Oman's Ministry of Heritage and Tourism are required to prominently display their tourism licence at their...

MUSCAT: Oman Electricity Transmission Company (OETC) — a part of Nama Group — is on the verge of completing the construction of 400kV overhead lines between Barik and Suwayhat grid stations, with...

MUSCAT: HSBC Oman, a subsidiary of HSBC Holdings, has reached a significant milestone in its merger with Sohar International. In an announcement via a regulatory filing yesterday and following...

MUSCAT: In a significant move towards bolstering economic cooperation, Al Tasnim Enterprises, a 100% Omani-owned company, has signed two Memorandums of Understanding (MoUs) with Jordan's Ministry of...