author - oman observer

OQ, the global integrated energy group, OQ recorded consolidated revenue of $22.768 billion at the end of 2021, compared to $14.006 billion in 2020, an increase of 63 per cent, the group said in its...

Bilateral trade between the Sultanate of Oman and Saudi Arabia more than doubled to exceed RO 1.249 billion during the first half of 2022, compared to RO 595 million in 1H of 2021, entailing an...

@JmObserver - With the aim to localise supply chains and to achieve the company’s strategy to develop In-Country Value (ICV), the International Seafood Company, a subsidiary of Fisheries...

@JmObserver - China accounted for 84 per cent of Oman’s total crude exports of 26 million barrels in August 2022, a slight decrease of 0.9 per cent from the previous month, the Ministry of Energy...

@JmObserverOman’s 105-MW Amin solar PV plant has been registered as the first solar energy project in the country with a global renewable energy certificate.The global energy renewable certificate...

The Sultanate of Oman's crude oil and oil condensate production increased by 10.1 per cent by the end of July to reach 223,176, 800 barrels, according to the latest data from the National Center for...

@JmObserver - Acting in cooperation with the National Records and Archives Authority, the Secretariat-General of the Tender Board announced an international tender for the design and construction of...

@JmObserver - The Middle East and North Africa (MENA) region is set to become the second-largest green hydrogen electrolyser installer in 2040, this according to the latest report of Rystad Energy....

@JmObserver - EthisX, part of Ethis Group, has launched its first peer-2-peer (P2P) crowdfunding campaign in the Sultanate for Oman for Al-Naamani, one of the oldest tailor chains in the country....

@JmObserver - The United National Environment Programme (UNEP) with the support from the Global Environment Facility (GEF) conduct a training workshop on legal and institutional frameworks to...

@JmObserver - The Sultanate of Oman and South Korea agreed to strengthen cooperation on energy supply chain, renewables and hydrogen, this according to South Korea’s Ministry of Trade, Industry...

@JmObserver - Total net profits for listed companies in Muscat Stock Exchange (MSX) increased by 11 per cent y-o-y to $468.4 million in Q2 2022 compared with $422 million in the same quarter in...

@JmObserver -The market capitalisation of the Muscat Stock Exchange (MSX) already reached RO 23 billion ($59.74 billion) so far this year, up from $57.458 billion at the end of 2021, this according to...

The Sultanate of Oman is a pioneer in the field of local and regional Islamic finance, this according to a report of Redmoney — a Malaysian institution specialising in Islamic financial...

A pilot project to promote Omani fisheries as a new source of grade-A sashimi yellowfin tuna in the global market was launched recently.The project, launched in Masirah — off the Sultanate of...

Remittances by expatriate workers in Oman reached RO 3.11 billion ($8.1 billion) in 2021, a 7.5% decrease compared to 2020 with RO 3.373 billion, according to a latest report by GCC-Stat. Remittances...

@JmObserver - The Sultanate of Oman holds the highest fish consumption per capita in the world with 27 kilogrammes annually, according to the Fisheries Development Oman — a subsidiary of Oman...

Energy Development Oman SAOC (EDO) has received a ‘BB’ long-term issuer default rating (IDR) with a stable outlook from international ratings agency Fitch. This comes after S&P rated EDO with BB-...

Amid record production, Oman now exports liquefied natural gas (LNG) to around 20 countries globally, having added Greece to its list of importers most recently.Earlier this week, Reuters reported...

The construction works of Oman's first calcined coke project at the Sohar Freezone by Sanvira Carbon FZC LLC have successfully been completed. The $150 million project, which was launched in November...