author - oman observer

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...

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...

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...

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: 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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

MUSCAT: Salalah Free Zone (SFZ) continues to solidify its position as a major investment hub, boasting a significant portfolio of 97 projects with investments exceeding RO 4.74 billion. According to...

MUSCAT: Al Mouj Muscat has unveiled its latest milestone in luxury real estate with the launch of Azura Beach Residences, a groundbreaking waterfront development that introduces the first...

MUSCAT: Sohar Aluminium — the country's primary aluminium producer owned 40% by Oman's integrated global energy group OQ — is intensifying its drive to enhance energy efficiency, reduce greenhouse...

MUSCAT, JUNE 30Oman has taken a bold step toward becoming a regional manufacturing hub for artificial lift systems with the successful production of the first Long Stroke Pump Unit (LSU) made entirely...

The Sultanate of Oman continues to leverage the Barka IV desalination plant as a cornerstone of its national development and a model for sustainable water management. Operational since 2018 under a...

MUSCAT: The Oman Investment Authority (OIA) is emerging as one of the most strategically repositioned sovereign wealth funds in the Gulf, as it shifts from traditional asset accumulation toward a new...