author - oman observer

MUSCAT: Oman’s authorities are advancing plans for the establishment of an Integrated Economic Cluster for Aluminium Industries at Suhar, currently the epicenter of multibillion dollar investments...

MUSCAT, NOV 13 Port of Salalah – a major Omani logistics hub overlooking the Indian Ocean - is banking on the launch of the Gemini Network, a global vessel-sharing agreement between shipping giants...

MUSCAT, NOV 12 Ahead of the full operationalisation of the Dhamani health insurance platform, scheduled over the course of 2025, officials of the Oman Chamber of Commerce and Industry (OCCI) are...

MUSCAT, NOV 11 The Ministry of Economy has embarked on a strategic national study aimed at strengthening the development of a ‘Green and Circular Economy’ in the Sultanate of Oman. The...

MUSCAT: Majan Glass, the country’s leading glass container manufacturer, has announced that its principal shareholder – Oman Investment Authority (OIA) – will purchase outstanding shares from...

MUSCAT: Terengganu Inc, a strategic holding company owned by the government of the Malaysian state of Terengganu, has announced the signing of a memorandum of understanding (MoU) with MB Holding, a...

MUSCAT, NOV 7 A high-level team of executives representing TotalEnergies in the Sultanate of Oman recently visited the waterfront site at Sohar Port and Free Zone where a much-anticipated, low-carbon...

MUSCAT, NOV 5 OQ Base Industries (OQBI), the Omani state-owned integrated producer of methanol, ammonia and LPG products, has outlined the potential for a significant expansion of its methanol...

MUSCAT, NOV 4 Egypt-based infrastructure developer Madkour Group has announced that it was been awarded a contract for the construction of a major grid station that will support the evacuation of...

MUSCAT, NOV 3 The Oman Vision 2040 Implementation Follow-up Unit, in collaboration with the Ministry of Commerce, Industry and Investment Promotion (MoCIIP), continues to build the underpinnings of a...

MUSCAT: The Central Fruit and Vegetables Market (Silal), the premier wholesale hub for fresh produce in the Sultanate of Oman, has announced an expansion of its complex at Khazaen Economic City in...

MUSCAT: In a deal that lays the ground for the launch of large-scale solar panel manufacturing in the Sultanate of Oman, China’s Drinda has announced the signing of a land lease agreement for the...

MUSCAT: Oman’s Ministry of Energy and Minerals has unveiled its 3rd Mining Bid Round of 2024, offering a total of six blocks aggregating a combined acreage of over 6,300 sq kilometres for investment...

MUSCAT, OCT 30 Seeking to embed sustainability principles in the development of cities around the country, the Ministry of Housing and Urban Planning has launched the ‘Vibrant Public Places’...

MUSCAT, OCT 30 After a hiatus of nearly two decades, copper mining activities are picking up pace again in the Sultanate of Oman, fuelled by the government’s economic diversification drive, and an...

MUSCAT, OCT 29 The Omani government is rolling out a new category of industrial and investment zones as part of an accelerated drive to advance the country’s economic diversification programme....

MUSCAT: Integrated Gas Company SAOC (IGC), the sole aggregator and supplier of natural gas in the Sultanate of Oman, has launched an inaugural direct consumer engagement initiative aimed at fostering...

MUSCAT: The Dhamani electronic platform – marking the culmination of a multi-year initiative spearheaded by the Financial Services Authority (FSA) to underpin the implementation of a robust health...

MUSCAT: The Sultanate of Oman has signed a loan agreement with the OPEC Fund for International Development covering financing to the tune of ($392 million) to support the construction of the...

MUSCAT, OCT 23 Oman-based infrastructure fund Rakiza has successfully closed a transaction of $300 million in a subscription facility of Rakiza Fund I, a $1 billion fund focused on investing in...