author - oman observer

MUSCAT: A new $100 million venture capital fund, launched recently in the Middle East by prominent early-stage investment firm Golden Gate Ventures, has secured the backing of Oman Investment...

MUSCAT: An Integrated Car Services City is among an array of commercial, tourist and leisure-related project proposals unveiled for investment in Oman’s Al Dakhiliyah Governorate. Invest Oman, the...

MUSCAT: An ambitious fleet renewal plan unveiled by wholly Omani government-owned Asyad Shipping envisions the expansion of the fleet to a total of 122 vessels by 2029, up from 89 ships presently. ...

MUSCAT: Bidding for the Ibri III Solar Independent Power Project (IPP) has narrowed down to four contenders, Nama Power & Water Procurement (PWP), the sole national agency overseeing the procurement...

MUSCAT: A key contract awarded by Hafeet Rail last week entails the construction of three freight stations and depot facilities on the Oman section of the landmark rail project linking Sohar Port in...

MUSCAT, FEB 15 Oman Chromite, a publicly-traded mining firm partly owned by Minerals Development Oman (MDO), says it anticipates a positive upturn in its financial and operational performance on the...

MUSCAT: Feasibility studies linked to the development of Green Energy Oman (GEO), envisioned as one of the world’s biggest green hydrogen projects, have reached a key milestone, a Turkish-based...

MUSCAT: IDO Investments, the tech investment arm of Oman Investment Authority (OIA), is among a number of leading international venture capital funds that have participated in the Series B financing...

MUSCAT, FEB 12 Invest Oman, the investment facilitation arm of the Omani government, is pitching for international investment in a first-of-its-kind Agri-Solar project designed to enhance food...

MUSCAT, FEB 10 Oman National Engineering & Investment Co (ONEIC), a publicly traded electrical and renewable energy contractor, has announced the signing of a contract for the implementation of what...

MUSCAT, FEB 9 Omani electric car maker Mays EV has announced that its plans to shortly distribute the first batch of indigenously produced electric cars to institutional customers in the Sultanate of...

MUSCAT: The United Nations Industrial Development Organization (Unido), a UN agency specialising in assisting countries in economic and industrial development, has pledged to expand cooperation with...

MUSCAT: Musandam Aquaculture Company, the first Omani farmed fishing enterprise in Musandam Governorate, has begun trialling the harvest of sea-bream from its facilities at Khasab – a milestone that...

MUSCAT: Construction work has commenced on a new luxury property of the prestigious Hotel Indigo chain in the Sultanate of Oman – the latest in a string of new investments in the country’s...

MUSCAT: Wholly Omani-government owned Energy Development Oman (EDO) has announced the signing of a Memorandum of Understanding (MoU) with Sumitomo Corporation Middle East to explore the localisation...

MUSCAT: Discover Collection, a newly launched global hotel brand that prides itself on revolutionizing luxury hospitality, is developing its flagship property here in the Sultanate of Oman. The...

A $100 million credit facility, signed recently by liquid logistics specialist Advario Terminals with a consortium of banks, will help secure the capital financing needs of its Oman operations, as...

MUSCAT: A UK-based mining exploration firm says it has uncovered evidence of new copper mineralization in Block 8 in North Al Batinah Governorate. This signaling a potentially significant deposit is...

MUSCAT, JAN 29 A team of young Omani innovators from Sultan Qaboos University has proposed the installation of energy-generating corridors in public spaces to harness and convert the kinetic energy...

Muscat: A shift away from car-centric urban planning, coupled with a greater emphasis on public modes of transportation, are among key policy directions at the heart of the Greater Muscat Structure...