Omani economy to strengthen over medium-term: WB
MUSCAT: Oman’s non-oil economy is projected to grow by over 2 per cent in 2023, bolstered by investments in renewable energy, as well as a rebound in the tourism and construction sectors, the World...
Oman accredits agencies to certify energy efficiency of home appliances
MUSCAT: Oman’s Directorate General for Standards and Metrology (DGSM) – part of the Ministry of Commerce, Industry and Investment Promotion – has unveiled an expanded list of international...
ports to be ‘green gateways’ in low-carbon energy future
MUSCAT: Asyad Group, the integrated end-to-end logistics services provider of the Sultanate of Oman, says the country’s three principal maritime ports at Sohar, Duqm and Salalah are being primed to...
Omantel Group bolsters portfolio with fresh stake acquisitions
MUSCAT: As many as four tech businesses have been added to majority state-owned Omantel Group’s ballooning portfolio of subsidiaries and associates so far this year – acquisitions aimed at...
Omani fuel marketers expand EV charging networks
MUSCAT: Leading fuel marketing companies in the Sultanate of Oman say they are continuing to roll out Electric Vehicle (EV) charging networks in anticipation of an energetic uptake of these...
Salalah Port records 18% jump in general cargo throughput
Port of Salalah, Oman’s leading transshipment and logistics hub overlooking the Indian Ocean, has reported a significant 18.3% increase in bulk cargo volumes handled at the General Cargo Terminal...
EU markets being prepped for imports of Omani green hydrogen
MUSCAT: With international developers committing tens of billions of dollars in investments in green hydrogen production in the Sultanate of Oman – much of it destined primarily for export, Oman’s...
Oman sees domestic green hydrogen demand at 50,000 t/y
MUSCAT: Locally produced green hydrogen necessary to power Oman’s energy transition is projected to rise from around 50,000 tonnes per year (t/y) in 2030 to about 1.4 million t/y in 2050, according...
Collaboration with first-movers to inform CCUS policymaking in Oman
MUSCAT: Oman’s Ministry of Energy and Minerals has pledged to work closely with early adopters of Carbon Capture, Utilisation & Storage (CCUS) technologies in the formulation of a regulatory...
Omani peridotite holds key to Geologic Hydrogen production
MUSCAT: Peridotite rock, currently the subject of a groundbreaking initiative to support carbon sequestration as part of Net Zero goals, is also being carefully studied for its ability to produce...
Pilots prove efficacy of Omani carbon removal tech
MUSCAT: Omani award-winning climate tech start-up 44.01 says a pair of pilot projects has validated the effectiveness of its pioneering carbon removal technology in permanently locking away...
Oman Cement unveils initiatives to boost capacity
MUSCAT: Oman Cement has outlined plans to raise the capacity and overall efficiency of its complex at Misfah in Muscat Governorate through a number of modernization and decarbonization...
Oman’s biggest e-waste recycling project launches in Salalah
MUSCAT: Value creation from electronic waste recycling has commenced in earnest in the Sultanate of Oman with the launch of the country’s largest processing plant at Raysut Industrial City in Dhofar...
Oman’s biggest solar power project now remotely operated
MUSCAT: Oman Electricity Transmission Company (OETC), the owner and operator of the country’s transmission grids, has announced the successful completion of tests to support the remote operation of...
Oman’s OQ8 eyes capacity growth and product diversification
MUSCAT : In the lead-up to the commercial launch of Duqm Refinery, scheduled to take place before the end of this year, Duqm Refinery and Petrochemical Industries Company (OQ8) has revealed plans to...
OETC wraps up Phase 1 of Oman’s power interconnection project
MUSCAT : Oman Electricity Transmission Company (OETC), which owns and operates the country’s transmission system, says it has successfully completed the first phase of its North-South...
Oman tenders first phase of Rub Al Khali road dualisation
MUSCAT :The Ministry of Transport, Communications and Information Technology has announced a tender for the Phase 1 dualisation of the landmark carriageway that cuts through the Rub Al Khali (The...
Jatropha crop key to biofuel production in Oman: SQU study
MUSCAT : A study undertaken by scientists of Sultan Qaboos University (SQU) has concluded that the oil-rich seed of the Jatropha plant, if farmed extensively in the Sultanate of Oman, can support the...
Leading Omani biodiesel producer plans regional expansion
Having pioneered the commercial-scale production of low-carbon biodiesel from used cooking oil (UCO), Omani start-up Wakud is embarking on the next phase of its growth entailing a capacity ramp-up of...
Digital economy set to grow to 5% of GDP by 2030
MUSCAT: The contribution of Oman’s digital economy is poised to more than double to around 5 per cent of the GDP by 2030, up from around 2 per cent presently, according to a key official of the...