author - oman observer

MUSCAT, NOV 23Oman Aviation Academy, majority owned by Omani government agencies, received a formal licence to provide civil aviation training services in the Sultanate of Oman, becoming the first...

MUSCAT, NOV 22Oman Investment Authority (OIA), the integrated sovereign wealth fund of the Sultanate of Oman, has been accorded the honour of hosting the annual meeting of the prestigious...

MUSCAT, NOV 21Oman Fisheries Company (OFC), which is partly owned by the Omani government through wholly state-owned Fisheries Development Oman (FDO), says it has secured extensions for long-running...

MUSCAT, NOV 20The Sultanate of Oman has joined hands with member countries of the Eastern Mediterranean and Middle East (EMME) to launch a new initiative to address potential climate change impacts...

MUSCAT, NOV 19The Omani currency’s exchange rate peg continues to serve as a suitable anchor of monetary policy in the Sultanate of Oman, helping also stabilize inflationary pressures, according to...

A high-level delegation from the German state of Bavaria – billed as an economic powerhouse of Europe – recently visited the Sultanate of Oman to explore the potential for cooperation in the...

Seeking to diversify its portfolio of renewable energy resources, presently dominated by solar and wind, the Sultanate of Oman has launched a new effort to assess and eventually unlock the potential...

Majority Omani government-owned telecom services provider Omantel recorded revenues totaling RO 1.981 billion across the group for the nine months ended September 30, 2022, up from RO 1.802 billion...

The Sultanate of Oman’s inclusion in the Alliance for Industry Decarbonization, a global grouping of some of the world’s biggest industrial conglomerates, bodes well for its positioning as a major...

MUSCAT, NOV 13Oman and its Gulf Cooperation Council (GCC) peers face steeper costs in securing their potable water needs unless they switch to renewables-powered water desalination, key experts of the...

MUSCAT, NOV 12Government subsidy on oil products soared to RO 563 million for the first nine months of this year — part of a safety net put in place by authorities to soften the impact of elevated...

Publicly-listed Dhofar Poultry Company – Oman’s first major poultry farm - says it will be granted land in the Thamrait area of Dhofar Governorate to build a new integrated facility for its...

The Netherlands has expressed hope that a Memorandum of Understanding (MoU) on energy cooperation with the Sultanate of Oman, signed earlier this week, will facilitate, among other goals, the import...

The Ministry of Finance (MoF) has announced the formal launch of a landmark drive to inventory all state-owned assets in a bid to unlock further socioeconomic value from these diverse and sizable...

Oman Flour Mills (OFM), a major player in the country’s food sector, says it is exploring a proposal to acquire farm land in Australia as part of its strategy to secure its wheat requirements over...

MUSCAT, NOV 6Wholly government-owned Hydrom – Oman’s hydrogen-centric energy company – has formally launched the first round of public auctions of land blocks for the development of green...

Captive project: Output from the 6 MTPA capacity mill meet the raw material requirements of Jindal Shadeed’s integrated steel mill in Sohar PortMUSCAT, NOV 5Jindal Shadeed Iron & Steel (JSIS), which...

Swedish based international oil and gas company Maha Energy says a pair of wells targeting the Mafraq heavy oilfield in Block 70 in central Oman has yielded positive results in the form of “strong...

Omani upstream energy firm ARA Petroleum says it has teamed up with Austrian solar engineering specialist Heliovis to set up what is billed as the world’s first solar-thermally powered, zero...

Sharqiyah Desalination Company, which operates a major Independent Water Project (IWP) at Sur in South Al Sharqiyah Governorate, says a solar photovoltaic (PV) project currently under development at...