author - oman observer

MUSCAT, DEC 3Nama Power and Water Procurement Company (PWP), Oman’s sole procurer of power and water capacity and output, has initiated the qualification process for its fourth solar photovoltaic...

MUSCAT, DEC 2Oman’s efforts to modernise its capital markets have positioned the Sultanate of Oman closer to earning Emerging Market (EM) classification by global index providers such as MSCI and...

MUSCAT, DEC 1The Oman Investment Authority (OIA) has strengthened its global presence by establishing partnerships across nine countries, the latest of which is a $500 million joint investment fund...

MUSCAT, NOV 27The Omani Civil Aviation Training Centre hosted a pivotal workshop aimed at advancing civil aviation security and airspace management in Oman. Organised by French company CGX AERO in...

MUSCAT, NOV 26The Sultanate of Oman has secured the top position in Asia and fourth globally in the Quality of Life Index, as reported by Numbeo for mid-year 2024. This accolade underscores Oman’s...

MUSCAT: Oman’s banking sector showcased commendable growth in lending during Q3-2024, reflecting the nation’s economic stability and resilience amidst the broader GCC financial landscape. In a...

Muscat: Leadership is often defined by resilience, vision, and the ability to inspire others. For Tariq al Habsi, the Founder and CEO of Omani tech start-up Zameeli, these qualities have been central...

Hasa Energy, a leading provider of energy efficiency services and decarbonisation solutions in Oman, has signed the country’s first-ever energy services performance company (ESCO) contract with the...

MUSCAT, NOV 19Oman’s economy is on a steady growth trajectory, supported by robust reforms under Oman Vision 2040, according to the International Monetary Fund (IMF). In its End-of-Mission press...

Oman’s economy is on a steady growth trajectory, supported by robust reforms under Oman Vision 2040, according to the International Monetary Fund (IMF). In its End-of-Mission press release following...

MUSCAT, NOV 18The Ministry of Commerce, Industry & Investment Promotion has launched the Aluminium Initiative in Suhar, located in the North Al Batinah Governorate. This ambitious project represents a...

MUSCAT, NOV 13Petroleum Development Oman (PDO), Oman’s leading hydrocarbons producer, has announced a milestone in its drilling operations, achieved through a first-of-its-kind collaboration with...

MUSCAT, NOV 12The Sultanate of Oman has posted the lowest inflation rate in the Gulf Cooperation Council (GCC) region, with a year-on-year increase of just 0.4% in September 2024, down from 1.1% in...

MUSCAT, NOV 11Omani oilfield services company, Hema Energy, in a move set to strengthen Oman’s energy manufacturing capabilities, has entered into a significant agreement with China’s Shengji...

MUSCAT: The Ministry of Awqaf and Religious Affairs (MoARA), the Sultan Qaboos Higher Centre for Culture and Science, and Bank Nizwa has launched the Ishraq Waqf Investment Fund last week, a move to...

Muscat: Sohar Cement Factory, part of Oman’s Raysut Cement Group, has achieved major advancements in production capacity, energy efficiency and sustainability, positioning it as a key player in Oman...

MUSCAT: The Sultanate of Oman will host the largest-ever assembly of sovereign wealth funds (SWFs) as Muscat becomes the focal point of the global investment community from November 3 to 6. This...

MUSCAT, OCT 29Vale Oman is embarking on a major new chapter with a $600 million iron ore concentration plant at SOHAR Port and Freezone, developed in partnership with China’s Jinnan Iron & Steel...

MUSCAT: Vale, a Brazilian leader in iron ore production, is setting the stage to establish Oman as a global hub for sustainable steel production with a $600 million iron ore concentration plant at...

MUSCAT, OCT 27The Sultanate of Oman is undergoing a transformative phase in its construction industry with the development of the Oman Building Code (OBC). The comprehensive set of regulations,...