OMRAN takes stake in UK proptech firm
MUSCAT: Omani state-owned OMRAN Group’s decision to acquire a stake in UnderTheDoormat Group, a London-based property technology and luxury home-management operator, positions its sizable portfolio...
Study underscores Oman’s promising wave energy potential
MUSCAT: A new study conducted by a joint team of Omani researchers has uncovered compelling evidence of significant wave energy potential off key stretches of the Sultanate of Oman’s southeastern...
TRA launches consultation on postal tariff framework
MUSCAT: The Telecommunications Regulatory Authority (TRA) has announced the launch of a public consultation on a proposed regulatory framework for postal service tariffs in Oman, as part of efforts to...
Construction starts on Al Mudhaibi Industrial City
MUSCAT, AUG 30 A joint venture of leading Omani contracting firm Al Sarooj Construction and Saudi firm Al Rawaf Contracting has secured a key contract to implement the infrastructure for the first...
Asyad Shipping affirms multi-billion-dollar growth strategy
MUSCAT, AUG 29 Majority Omani state-owned national maritime transportation company Asyad Shipping has pledged to maintain its ambitious growth strategy, centring on a goal to invest multiple billions...
OQGN to operate Oman’s CO₂ pipeline network
MUSCAT, AUG 28 OQ Gas Networks (OQGN), the operator of Oman’s national gas transportation system, announced that it has begun mapping out a CO₂ pipeline network to support the decarbonisation...
Maximising value creation from green hydrogen is Oman’s north star
MUSCAT, AUG 27 Localisation — spanning In-Country Value (ICV) development, strengthening local supply chains, SME participation, skills enhancement and community engagement — sits at the core of...
Chinese firm, EGN ink MoU on Oman solar ventures
MUSCAT, AUG 26 Chinese clean energy enterprise Central New Energy Holding Group has announced the signing of a Memorandum of Understanding (MoU) with international power infrastructure company EGN Ltd...
Oman targets value chain for green energy manufacturing in Salalah
MUSCAT, AUG 25 With three major green hydrogen projects in early development in Dhofar Governorate in the south of Oman, Salalah Free Zone (SFZ) — which adjoins the Port of Salalah overlooking the...
Oman banks on investors for Green Hydrogen push
MUSCAT, AUG 24 As Oman prepares to host the Green Hydrogen Summit later this year, the spotlight is firmly on, among other imperatives, foreign direct investment (FDI), bankability of projects and...
New projects to catalyse Musandam’s economic development
MUSCAT: Musandam Global Investment Company (MGIC), a publicly listed closed joint-stock company on the Muscat Stock Exchange (MSX), has embarked on a series of projects designed to drive economic...
OQEP’s upstream assets in Oman prepped for further development
MUSCAT: Key assets of OQ Exploration & Production (OQEP) — the majority state-owned upstream arm of integrated energy group OQ — are the focus of heightened exploration and development activities...
Omantel plans makeover into Oman’s flagship national tech powerhouse
MUSCAT: Omantel, the majority state-owned integrated telecommunications provider in Oman, has unveiled plans for a major rebranding of its corporate identity with the goal of remaking itself as the...
Awards for 4 Oman upstream blocks by early 2026
MUSCAT: Bids are currently under evaluation for four oil and gas blocks tendered by Oman’s Ministry of Energy and Minerals under the 2024–2025 licensing rounds. According to officials involved in...
Oman allows Round 3 hydrogen investors to sell surplus power
MUSCAT: Investors in the third round of Oman’s green hydrogen auction will be permitted to sell surplus renewable electricity into the market, a significant incentive unveiled by Hydrom, the master...
Asyad Shipping adds new VLCC Awabi to fleet
MUSCAT: Asyad Shipping – the majority Omani state-owned maritime transportation company – has bolstered its crude shipping capability with the acquisition of a new Very Large Crude Carrier (VLCC),...
New Oman green iron project eyes mid-2026 FID
MUSCAT: Underscoring its keen interest in setting up a major green iron project in Oman, Singapore-headquartered Meranti Green Steel (MGS) has set its sights on a mid-2026 target for a Final...
Port of Salalah reports strong growth in first half of 2025
MUSCAT, AUG 16 Port of Salalah, Oman’s largest container terminal and a leading transshipment hub on the Arabian Sea, has delivered one of its strongest operational and financial performances for...
Oman Flour Mills advances insect meal project for animal feed
MUSCAT, AUG 15 Oman Flour Mills (OFM), one of the Sultanate of Oman’s largest food processing enterprises, has announced further progress towards its goal of investing in insect farming as a source...
First aviation simulation centre to launch in 2026
CONRAD PRABHU MUSCAT, AUG 14 InvestOman, the Sultanate’s flagship investment promotion agency, has announced the finalization of agreements paving the way for the launch of Oman’s first aviation...