Bukaka achieves oil and gas FAT milestone in Nizwa
MUSCAT: Oman-based Bukaka International LLC has successfully completed its first Factory Acceptance Test (FAT) at its newly established workshop in Nizwa Industrial City, marking a significant...
New industrial clusters advance across Oman’s economic zones
MUSCAT: Large-scale infrastructure, industrial and renewable-energy projects continued to advance across Oman’s economic zones in 2025 as authorities accelerated the development of specialised...
OFM moves to boost food subsidiary stake
MUSCAT: Oman Flour Mills Company SAOG (OFM) has taken a significant step to strengthen its position in Oman’s food manufacturing sector after announcing the signing of a share purchase agreement...
Judicial innovation: Summit charts path for AI in the courtroom
MUSCAT,: As the Sultanate of Oman accelerates its digital transformation under Oman Vision 2040, the integration of Artificial Intelligence (AI) into the judicial system has moved from a futuristic...
Pact signed to advance legal AI in Oman
MUSCAT: Specialised legal artificial intelligence tailored to regional legal systems is set to advance in Oman following a partnership between Oman National Engineering and Investment Company (ONEIC)...
Middle East space programmes shift from prestige to performance
MUSCAT: The Middle East’s space sector is undergoing a quiet but decisive transformation — from headline-grabbing missions to economically grounded programmes focused on sustainability, private...
Oman positions itself as gateway for space applications
MUSCAT: The Sultanate of Oman is carving out a distinct role in the regional space economy, positioning itself not as a launch-heavy power but as a gateway for space-enabled applications, with a sharp...
SOHAR secures $4.9 billion investment boost
MUSCAT: SOHAR Port and Freezone (SOHAR) has reinforced its position as one of Oman’s most important economic engines after attracting $4.9 billion in investments over the past six years, a milestone...
IFC backs Oman’s push into global solar supply chains
MUSCAT: The World Bank Group’s private sector arm, the International Finance Corporation (IFC), is positioning Oman as a credible hub for high-tech industrial investment through its backing of...
United Solar secures over $900m to launch Oman polysilicon plant
Muscat: United Solar Holding (United Solar) on Monday has secured more than $900 million in debt financing to complete funding for its $1.6 billion, state-of-the-art polysilicon manufacturing facility...
Oman 3165: Turning exploration into a sustainable maritime strategy
MUSCAT, JAN 12 From the fjord-like inlets of Musandam to the remote shores of Dhalkut, the Oman 3165 Expedition is steadily evolving into far more than an endurance journey along the Sultanate of...
RO 3.4 billion drives Oman’s logistics shift
MUSCAT: An investment of RO 3.4 billion by the end of 2025 highlights the depth of Oman’s transformation in transport, logistics and the digital economy, confirming these sectors as central pillars...
MSX breaks 6,000 for first time in nine years
MUSCAT: The Muscat Stock Exchange (MSX) has crossed the 6,000-point threshold for the first time in more than nine years, marking a historic milestone for Oman’s capital market and reinforcing its...
Oman advances heritage tourism with five flagship projects
MUSCAT, JAN 6 The Sultanate of Oman is significantly advancing its Oman Vision 2040 goals by investing in a robust pipeline of high-profile cultural and historical projects. Led by the Ministry of...
MoU signed for hydrogen-based transport efficiency solutions
MUSCAT, JAN 5 Al Maha Petroleum Products Marketing Co SAOG has signed a Memorandum of Understanding (MoU) with Hydronova LLC to cooperate in the development and deployment of hydrogen-based solutions...
Oman’s MSX tops GCC markets in 2025 rally
MUSCAT, JAN 4 The Muscat Stock Exchange (MSX) closed 2025 as the clear outperformer among Gulf equity markets, capping a year marked by strong gains, rising liquidity and a broad-based recovery across...
Visionary leadership in Oman’s banking sector
MUSCAT, JAN 4 AlSalt al Kharusi, Country Head of Mashreq Oman, is steering the Sultanate of Oman's corporate banking landscape with a leadership style that blends global expertise, local insight...
Oman launches floating factory to revolutionise fisheries
AL DUQM, DEC 29 The Ministry of Agriculture, Fisheries and Water Resources has officially launched a new project with the Ocean Fish Company. This project involves a "Floating Factory" worth RO 7.7...
Oman rolls out water and wastewater projects
MUSCAT, DEC 24 Nama Water Services (NWS), the state-owned integrated water and wastewater utility of the Sultanate of Oman, has announced a wide-ranging package of infrastructure tenders aimed at...
Oman unveils sea-to-shelf investment initiative
MUSCAT, DEC 23 Oman has unveiled a new investment drive aimed at transforming its fisheries sector from a largely resource-based activity into an integrated, value-added manufacturing industry...