New iconic tower for Sultan Haitham City
MUSCAT, OCT 5Al Ahly Sabbour Developments is set to reshape the skyline of Sultan Haitham City with the launch of the Wadi Zaha Iconic Tower, a RO 90 million mixed-use development poised to become the...
Pact signed to improve esports sector in Oman
MUSCAT, OCT 5A landmark Memorandum of Understanding (MoU) has been signed between the Oman Esports and Gaming Committee and Nova Technology & Investment LLC to accelerate the growth of the Sultanate...
Al Duqm and Adam identified as promising wind power sites
MUSCAT: Oman’s clean energy ambitions are gaining momentum with the completion of a preliminary academic study exploring the potential of a 100 MW wind power project in Duqm and Adam. The findings...
OQ Trading eyes Bangladesh FSRU to expand South Asia footprint
MUSCAT: Oman’s OQ Trading International has proposed building a floating storage and regasification unit (FSRU) in Bangladesh, seeking to strengthen its role as a reliable energy partner in South...
Oman real estate market holds steady: Report
MUSCAT, AUG 26The Sultanate of Oman’s real estate market demonstrated resilience in the first half of 2025, sustaining momentum across key segments despite global economic uncertainty, according to...
Asyad sets hydrogen corridor, net-zero course
MUSCAT, AUG 25: Asyad Group, the integrated logistics provider of the Sultanate of Oman, has set out an aggressive sustainability blueprint that ties the country's logistics expansion to green...
Omani startup charts regional growth with AI-powered food supply platform
MUSCAT: Oman’s food and beverage (F&B) sector is witnessing the rise of a new player that blends technology with sustainability. ZabonEx, the Muscat-based startup using predictive analytics to help...
Sohar International eyes majority stake in Saudi’s Neo Group
MUSCAT, AUG 12Sohar International Bank SAOG (SIB) has announced plans to acquire a controlling stake in Neo Group Limited, a financial services firm based in the Kingdom of Saudi Arabia, as part of...
Oman awards contract for Khor Grama marina tourism project
MUSCAT, AUG 11The Ministry of Transport, Communications and Information Technology (MoTCIT) has awarded Meridian Engineering Consultancy the design and supervision contract for the Khor Grama...
Alara secures mining licence for second copper project in Oman
MUSCAT: Alara Resources Limited, a base and precious metals explorer and producer listed on the Australian Securities Exchange, has announced the award of a mining licence over the Daris 3A5 prospect,...
Muscat’s property market holds steady amid economic growth
MUSCAT: Oman’s real estate market is showing signs of resilience and selective growth in Q2 2025, driven by solid economic fundamentals and consistent demand in premium segments, despite a notable...
Oman secures orbital slot with satellite launch pledge
MUSCAT: The Sultanate of Oman has successfully retained regulatory control over a prime geostationary orbital slot at 73.5° East after committing to launch a temporary satellite by December 2025, and...
Oman acquires Agribrasil to boost food security
MUSCAT, JULY 30Oman has taken a significant step in strengthening its global food security and expanding its agricultural commodities footprint with the acquisition of a controlling interest in...
Building a regional brand with Omani values
JOMAR MENDOZAMUSCAT, JULY 27Tariq Mohamed al Balushi, CEO of Molecules LLC, embodies the belief that business success lies not just in profit, but in purpose. His journey from a curious young...
OQ Trading expands LNG supply role in Bangladesh
MUSCAT: OQ Trading International, the energy trading arm of Oman’s OQ Group, has strengthened its position in Bangladesh’s energy market with the signing of the country’s first-ever short-term...
PDO leads Oman’s energy transition with breakthrough net zero projects
MUSCAT: Petroleum Development Oman (PDO), the largest producer of oil and gas in the Sultanate of Oman, is spearheading an ambitious and innovative transition toward a Net Zero future by 2050,...
OECD rates Oman ‘largely compliant’ on tax transparency
MUSCAT: The Sultanate of Oman has received a strong endorsement from the Organisation for Economic Co-operation and Development's (OECD) Global Forum on Transparency and Exchange of Information for...
Raysut Cement reports strong H1, global gains
MUSCAT, JULY 19Raysut Cement Company (RCC) Group, Oman’s largest cement producer, has reported a significant financial turnaround in the first half of 2025, marking a major step in its...
RO 60 million bonds at 4.3% to attract investors
MUSCAT, JULY 15The Government of the Sultanate of Oman, through the Central Bank of Oman (CBO), has announced the 75th issuance of Government Development Bonds (GDBs) worth RO 60 million, with an...
40 projects worth RO 1.8 billion localised via Invest Oman platform
MUSCAT: A total of 40 high-value investment projects, valued at approximately RO 1.8 billion, have been successfully localised across Oman’s special economic zones, free zones, and industrial...