author - oman observer

MUSCAT: Meranti Green Steel, a Southeast Asian investor in low-carbon iron feedstock for steel mills, is offering a lifeline to Britain’s embattled steel industry by setting aside part of its output...

MUSCAT: Underscoring the growing global reach of Omani upstream energy players, Petrogas E&P — the exploration and production arm of the well-diversified Omani business conglomerate Mohammed Al...

MUSCAT, OCT 25 A Memorandum of Understanding (MoU) signed by Oman and Türkiye during the state visit of President Recep Tayyip Erdoğan of the Republic of Türkiye last week is set to expand...

MUSCAT, OCT 24 Templewater, a leading pan-Asia alternative asset manager, has announced its successful participation in the Series D financing round of Chinese autonomous vehicle maker Neolix — a...

MUSCAT, OCT 23 Oman’s first sugar refinery, located at Sohar Port and Freezone, is being prepared for operational readiness, paving the way for the first-ever domestic production of commercial white...

MUSCAT, OCT 21 Construction has commenced on a trio of renewable energy projects being developed for Petroleum Development Oman (PDO) by a partnership between OQ Alternative Energy (part of the OQ...

MUSCAT, OCT 20 Musandam Global Investment Company (MGIC), one of Oman’s fastest-growing investment firms, has announced a partnership with local oilfield services company Black Rock Energy LLC to...

MUSCAT, OCT 19 Personal Income Tax (PIT), set to be levied on high-earning individuals in the Sultanate of Oman from 2028, has been thoughtfully conceived to ensure its introduction does not...

MUSCAT: A new report by the Ministry of Transport, Communications and Information Technology (MoTCIT) has revealed that its flagship ‘Tahawul’ programme to drive government digital transformation...

MUSCAT: The Ladayn Polymer Park project, centered on a strategic initiative to catalyze the growth of a domestic plastics industry in Oman downstream of OQ Plastics’ massive polymer complex at Sohar...

MUSCAT: Karwa Motors, Oman’s leading vehicle manufacturer, has signed an agreement with Daimler Truck, one of the world’s largest commercial vehicle manufacturers, to build Mercedes-Benz bus...

MUSCAT: Oman is one of two global destinations — the other being India — under consideration for the establishment of a new low-carbon green iron production project that will capitalise on green...

MUSCAT: A trio of Airport Cities under early development at Muscat, Suhar and Salalah airports is projected to collectively attract over $800 million in investments by 2030, in line with a national...

MUSCAT, OCT 6 Underscoring its strong investment appeal, Khazaen Economic City — the Sultanate of Oman’s integrated logistics and manufacturing hub in Barka — attracted investments totalling RO...

MUSCAT: Personal Income Tax is expected to generate approximately RO 80 million (around $208 million) when it debuts in the Sultanate of Oman in 2028, according to projections by international ratings...

MUSCAT: Underscoring the European market’s pivotal importance to its global green hydrogen strategy, the Sultanate of Oman is backing European Hydrogen Week 2025 — the continent’s leading clean...

MUSCAT, SEPT 27 Commercial banks in the Sultanate of Oman will be required to begin disclosing climate-related risks and practices starting from the 2026 financial year, according to the Central Bank...

MUSCAT, SEPT 25 Prominent Chinese EV charging solutions provider Gresgying Digital Technology has announced plans to roll out a sizable network of EV charging stations across the Sultanate of Oman in...

MUSCAT, SEPT 24 The incidence of bounced cheques — also known as dishonoured or dud cheques — continues to trend downward, a development that bodes well for “reduced payment risks”, according...

MUSCAT, SEPT 23 A UK-based startup acclaimed for its pioneering ‘plastic waste-to-hydrogen’ technology has announced a partnership with an Omani firm to support the rollout of its innovative...