author - oman observer

The Capital Market Authority (CMA) is preparing to authorise the use of ‘short selling’ for the first time in the Sultanate of Oman – one of a raft of initiatives aimed at attracting new market...

Swedish-based energy firm Tethys Oil, which is currently focused entirely on its sizable upstream assets in the Sultanate of Oman, says it is gearing up for a period of renewed growth across its...

@conradprabhu - The Hajar Mountains of the Sultanate of Oman will serve as the backdrop of a landmark decarbonisation project that could contribute to the sequestration of gigatonnes of carbon...

The Sultanate of Oman’s real estate sector, billed as an important enabler of economic development, witnessed a strong recovery in 2021 following a period of “pandemic-induced sluggishness”...

@conradprabhu - MUSCAT: Swedish-based international upstream energy firm Maha Energy says it is preparing to drill the first of six wells targeting a promising heavy oilfield named ‘Mafraq’...

@conradprabhu - DNV, leading global testing, certification and technical services specialist, has been roped in to assist in the development of Green Energy Oman (GEO) – the integrated green...

Financial inclusion: Real estate tokenisation will add to a growing list of financing options available to property developers to raise funds for their projects through the capital marketReal estate...

Oman Power and Water Procurement Company (OPWP), the sole procurer of new power generation capacity, has invited qualified consultants to bid for its contract for the provision of technical advisory...

Complementing the dramatically improved fiscal outlook for the Sultanate of Oman are a number of non-hydrocarbon sectors that promise to drive economic growth already buoyed by sky-high crude prices,...

@conradprabhu -The Sultanate of Oman’s foreign exchanges reserves are projected to reach an all-time high of RO 23.3 billion at the end of 2022, besting its previous peak of $20.3 billion recorded...

@conradprabhu - The first 100 stakeholders participating in the delivery of the National Health Insurance Project (Dhamani) have now been on-boarded and registered on the Dhamani platform...

@conradprabhu - Muscat Stock Exchange (MSX) says it is exploring the establishment of two new subsidiaries in line with its goal to evolve into a world-class bourse ahead of its planned listing on...

Alternative foods: US firm MycoTechnology secures funding support from group backed by Oman Investment AuthorityLeading US-based food innovation start-up MycoTechnology has announced that it has...

Landmark decarbonisation: German green energy firm Hydrogen Rise announces partnership with Sohar Port and Freezone to support low-carbon based steel production at Jindal Shadeed Iron & SteelA German...

A report by a multinational team of scientists, including those from the Sultanate of Oman, has warned that a unique species of kelp forest that thrived in the shallow waters off Sadah on the...

Key trends: Buoyant prices of energy, commodities boost revenueOQ, the global integrated energy group of the Sultanate of Oman, posted a profit of RO 701.664 million for the year ended December 31,...

@conradprabhu - The market capitalisation of the Muscat Stock Exchange (MSX) rose nearly 9.3 per cent to reach a value of $57.458 billion at the end of 2021, up from $52.576 billion a year...

@conradprabhu -Oman Infrastructure Fund (Rakiza), which is affiliated to the Oman Investment Authority (OIA), says its investment decisions are strongly guided by the candidate project’s commitment...

Natural perils: Oman Reinsurance, Oman’s first and only reinsurer, to manage Omani Natural Catastrophe PoolGalvanised by the spate of adverse weather events that have pummelled the Sultanate of Oman...

Leadership position: State-owned integrated energy group backs total of four green hydrogen projects to date, powered by around 30 GW of renewable energy capacityOQ, the global integrated energy group...