Oman's offshore Block 50 poised for growth with updated reserves
MUSCAT: Masirah Oil Ltd, with its primary owner Rex International Holding Ltd (87.5%), is set to unlock further value from its Yumna Field in Block 50 Offshore Oman, following a comprehensive...
GreenUp 2027 strategy to boost sustainable infrastructure in Oman
MUSCAT: Veolia, a global leader in environmental solutions, has rolled out its GreenUp 2027 strategic programme in Oman, showcasing three major projects that embody the company’s commitment to...
New tech office boosts Oman’s digital transformation drive
MUSCAT: Elm, a digital solutions leader owned by Saudi Arabia’s Public Investment Fund (PIF), has officially launched its new office in Muscat, underscoring its long-term ambition to participate in...
Oman and EU target energy synergies through innovation and storage
MUSCAT, JUNE 18The Sultanate Oman and the European Union (EU) are exploring deeper collaboration to accelerate the energy transition through innovative technologies, smarter infrastructure, and...
IGC prioritises local growth, clean energy in gas strategy
MUSCAT, JUNE 17“Oman’s gas is a national asset — and we manage it with that responsibility in mind,” said Abdulrahman al Yahyaei, CEO of Integrated Gas Company (IGC), as he outlined the...
A CEO’s bold vision for innovation across sectors
MUSCAT, JUNE 15“Leadership, to me, has always been about purpose, not position,” says Hilal al Sinani, CEO and Founder of Sur International Investment Group, as he reflects on a journey that has...
Funding secured for solar project at Barka V desalination plant
MUSCAT: Madrid-headquartered GS Inima has secured financing to build a 6.3MWp photovoltaic plant at the Barka V desalination facility in Oman, marking a significant step toward integrating renewable...
IMF hails CBO’s transparency, offers roadmap for enhancements
MUSCAT: The International Monetary Fund (IMF) has commended the Central Bank of Oman (CBO) for its proactive steps in enhancing transparency, governance, and monetary policy communication, as...
Oman's sports economy ambition: From grassroots to global arena
MUSCAT: The Sultanate of Oman is actively pursuing a strategy to transform its sporting landscape, not just for the love of the game, but as a significant driver of economic growth and...
$5 billion boost for Shariah housing in Oman and GCC
MUSCAT: A major regional investment firm aims to accelerate the development of affordable, Shariah-compliant housing in Oman and the wider GCC, following a new strategic partnership between...
Shipbuilding hub to boost Musandam’s economy
In a major boost for Oman’s marine and fisheries industries, Musandam Global Investment Company SAOC (MGIC) and its Turkish partners have signed binding commercial terms and a shareholders'...
The community spirit: The new now of residential developments
MUSCAT, JUNE 4Today, the idea of "live, work, and thrive" is more than just a lifestyle trend—it's a driving force behind modern residential developments. Homebuyers are no longer just looking for a...
Pact signed to turn oilfield waste into clean energy
MUSCAT, JUNE 3Sultan Qaboos University (SQU) has signed a pioneering research agreement with ARA Petroleum to explore innovative ways of converting produced brine—a waste byproduct from oil and gas...
CEO TALK: From boardroom to bedrock: Decarbonising the planet, one rock at a time
WALAA HAMDAN MUSCAT, JUNE 1In the escalating global battle against climate change, few figures personify purpose-driven entrepreneurship as compellingly as Talal Hasan, Founder and CEO of Omani...
Oman enters esports arena with first pro gaming team
MUSCAT, JUNE 1Oman has taken a significant step into the fast-growing global esports industry with the launch of its first professional gaming team, marking a new chapter in the Sultanate of Oman’s...
Vietnam proposes boosting Oman Investment Fund to $1 billion
MUSCAT: Vietnamese Prime Minister Pham Minh Chinh has proposed raising the capital of the Vietnam – Oman Investment Fund (VOI) to $1 billion. The proposal was made during a high-level meeting in...
Nama subsidiaries unveil major initiatives for enhanced utility services
MUSCAT: Two key subsidiaries of the Nama Group — Nama Electricity Supply Company (NESC) and Nama Dhofar Services — in a media briefing held on Tuesday, May 27, unveiled their latest initiatives...
Nama PWP scales up renewable projects in Oman
MUSCAT: In a clear sign of Oman's intensifying push towards a sustainable energy future, Nama Power and Water Procurement (Nama PWP) — the sole procurer of capacity and offtaker of output — has...
Oman ramps up investment in smart utility systems
MUSCAT: Oman’s transition towards smart energy and water infrastructure is gathering pace, with leading public and private sector voices calling for stronger investments in digitalisation, AI and...
Oman real estate market poised for growth amidst economic diversification
MUSCAT: The Sultanate of Oman’s real estate market demonstrated resilience in the first half of 2025, despite global economic uncertainties, according to the latest market research report by...