author - oman observer

MUSCAT: A potential bonanza in civil construction subcontracts awaits construction firms in the Sultanate of Oman when a keenly anticipated award for the implementation of the Abu Dhabi – Suhar rail...

MUSCAT: The Central Bank of Oman (CBO) has drafted a comprehensive strategy to support the development of a thriving ecosystem around financial technology (fintech) based products and services – one...

Oman’s non-oil economy is anticipated to grow an encouraging 2.5 per cent in 2023, boosted by investments in the renewable energy, as well as agriculture and fisheries sectors, according to a...

Muscat Sep 27 :MUSCAT: InterContinental Energy, an emerging giant among global green hydrogen developers, says it has secured funding support from two key investors – a development that bodes well...

MUSCAT: The maiden annual report of the Oman Electricity Market (also known as the Spot Market) was issued here on Monday with officials characterizing the roll-out of this initiative – the first in...

MUSCAT: A dedicated national payment gateway designed to facilitate ecommerce transactions in the Sultanate of Oman is currently under development, according to the Central Bank of Oman (CBO).The...

MUSCAT: The framework enabling the introduction of Open Banking – a tech-driven service with the potential to transform the banking and financial services industry – is currently being formulated...

MUSCAT, SEPT 23OQ Gas Networks (OQGN), the wholly state-owned operator of Oman’s national gas transportation network (NGTN), says is it currently implementing a sizable portfolio of projects...

Banking and financial institutions licensed to operate in the Sultanate of Oman are now mandated to secure their operations, as well as critical assets, against cyber threats.Under a new regulatory...

MUSCAT: Oman Electricity Transmission Company (OETC), the operator of the nation’s power transmission grid, has launched a competitive tender for the installation of a subsea power cable that will...

A key study commissioned by OQ Gas Networks (OQGN) – the wholly state-owned operator of the nation’s gas transportation system – has concluded that gas demand in the Sultanate of Oman is...

Wholly state-owned OQ Gas Networks (OQGN) – the sole owner and operator of Oman’s national gas transportation system – envisions significant roles for itself in the successful realization of a...

Initial groundwork on a new integrated economic zone, designed to capitalize on an upsurge in investment and economic seen the Sultanate of Oman and the Kingdom of Saudi Arabia, is set commence in...

MUSCAT: Oman Environmental Services Holding Co (be’ah), tasked with overseeing the management of the nation’s solid waste sector, has assessed the economic potential of Oman’s burgeoning waste...

MUSCAT: OQ, the wholly Omani government-owned integrated global energy group, says it aims to wrap up the execution of a transaction linked to the sale of a 40 per cent stake in its flagship upstream...

MUSCAT, Sept 15In a significant boost for its bid to unlock the heavy oil potential of its Block 70 licence in central Oman, Swedish-based energy firm Maha Energy says it has been granted an extension...

MUSCAT: Seeking to ignite the growth of a new space-based economy in the Sultanate of Oman, the Ministry of Transport, Communications and Information Technology (MTCIT) will host next January a major...

MUSCAT: The Sultanate of Oman, represented by the Ministry of Finance, has announced a tender offer to purchase for cash up to $1.5 billion worth of its outstanding bonds.The tender offer is part of...

MUSCAT: Omani non-oil exports to Saudi Arabia surged to around $2.4 billion in 2022, up from $1.68 billion a year earlier — a significant 33.9 per cent uptick that illustrates resurgent efforts by...

MUSCAT: Sembcorp Jinko Shine Co SAOC, a newly established company registered in the Sultanate of Oman to develop and operate a new solar Independent Power Project in the Wilayat of Manah (dubbed Manah...