New strategies to promote local content in manufacturing
MUSCAT: The manufacturing sector in Oman served as a significant contributor in achieving sustainable development and bolstering the national economy, contributing to over 10% of Oman's Gross Domestic...
Call for national ICV strategy to drive local value addition
OMAN NEWS AGENCYMUSCAT, OCT 3A key forum in In-Country Value (ICV), held under the auspices of Dr Saeed bin Mohammed al Saqri, Minister of Economy, concluded here on Wednesday with a call for the...
SQU Forum concludes with pledge to boost financial literacy drive
MUSCAT, OCT 3The 14th edition of the Financial Forum, organised by the Economics and Finance Group and the Accounting Club at Sultan Qaboos University (SQU), concluded on Wednesday with a plan for the...
The agricultural tech driving the success of OMAN’s Million Date Palm project
In an initiative to meld tradition with technology, the Sultanate of Oman has embarked on an ambitious project to plant one million date palm trees. While the date palm has been a cornerstone of...
SQU forum to promote financial literacy among youth
MUSCAT, OCT 3A key forum designed to promote financial literacy among the Omani youth began at Sultan Qaboos University (SQU) on Monday. The two-day event has been organised by the Economics and...
GCC smart investor award offers over RO 100,000 in prizes
MUSCAT, OCT 3The-much awaited 2nd edition of the Gulf Cooperation Council (GCC) Smart Investor Award, presented by the GCC Investment Awareness Program, Mulim, is back in action.Notably, the Capital...
Dhamani platform to instill trust and transparency in health insurance sector
MUSCAT: In a period where information exchange is the lifeblood of efficient healthcare systems, Oman has taken a key step forward with the implementation of Dhamani, a health insurance platform set...
Port of Duqm signs pact to support modern document management
MUSCAT: Seeking to strengthen its positioning as leading industrial port on Oman’s southeast coast, Port of Duqm has signed an agreement with the National Documents and Archives Authority (NDAA), a...
MSX workshop to spotlight risks of financial data manipulation
MUSCAT: Muscat Stock Exchange (MSX) has collaborated with the National Academy for Training and Development to host a five-day workshop on 'Financial Data Manipulation' aimed at shedding light on the...
Category 1 of OQGN IPO oversubscribed
MUSCAT, Sep 27 :In a remarkable display of investor enthusiasm, OQ Gas Networks (OQGN) has reported that its Category 1 offering, comprising 40% of the IPO's total size and exclusively allocated to...
Oil and Gas sector’s FDI share surpasses RO 14 billion
MUSCAT: Foreign Direct Investment (FDI) recorded a net inflow of RO 1.744 billion in 2022, compared to an inflow of RO 2.926 billion a year earlier, the Central Bank of Oman (CBO) stated in its newly...
Dhamani set to reshape healthcare insurance services in Oman
MUSCAT: In an era where information exchange is the lifeblood of efficient healthcare systems, Oman has taken a key step forward with the implementation of Dhamani, a health insurance platform set up...
Oman hosts 14th ME Health Insurance Conference
MUSCAT: The Middle East Healthcare Insurance Conference 2023, hosted by the Sultanate of Oman and organized by the Capital Market Authority (CMA) in collaboration with Middle East Insurance Review...
OQ symposium spotlights HSSE imperatives
MUSCAT: In a significant move towards enhancing workplace safety and environmental consciousness, OQ, a global integrated energy group, organized a symposium on Occupational Health, Safety, Security,...
Nama responds to concerns about summer electricity bills
Nama Services says it has been closely monitoring the discussions circulating on social media concerning private electricity bills during the summer season.In response to the concerns raised, Nama has...
Khazaen EC: From drawing board to investment hub
MUSCAT: Top officials of Khazaen Economic City marked here on Wednesday, September 20 2023, the fifth anniversary milestone of the conceptualization of Oman’s first-ever integrated economic and free...
Centre pledges to combat anti-competitive business practices
The Competition Protection and Monopoly Prevention Centre, operating under the auspices of the Ministry of Commerce, Industry and Investment Promotion (MoCIIP), has pledged to work closely and...
Oman-Tunisia Business Forum to strengthen economic ties
Trade and economic ties between the Sultanate of Oman and Tunisia are poised for significant growth following a Business Forum organised by the Oman Chamber of Commerce and Industry (OCCI) earlier...
Oman committed to fair market competition: MoCIIP
At a forum hosted at Oman Chamber of Commerce and Industry headquarters here on Monday, the Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) reinforced its commitment to fair...
Food & Hospitality expo spotlights opportunities in key sector
The 16th Food and Hospitality Oman (FHO) began at Oman Convention & Exhibition Centre here on Monday, offering three days of opportunities for engagement, investment and collaboration.The event was...