author - oman observer

@conradprabhu - Resurgent oil prices are expected to positively impact Oman’s twin deficits – the fiscal deficit and the public debt – effectively returning them to pre-pandemic levels within...

@conradprabhu - Majis Industrial Services (MIS), the Sultanate’s leading water utility, has signed an agreement to provide integrated water solutions to Salalah Free Zone.An MoU to this effect...

@conrad prabhu -Robust growth: Six new industrial cities under development; Goal to develop 50m sq metres of new acreage for industrial investmentA long-term strategy drawn up by Oman’s Public...

@conradprabhu - New solutions: Experts stress importance of making Sultanate’s road and civil infrastructure “resilient” to climate-change impactsAs the Omani government sets about taking...

@conradprabhu - With cyclonic storms striking Oman with increasing frequency and rising intensity, the need for a new risk management and loss mitigation solution has become a pressing imperative,...

@conradprabhu - 5G-based wireless telecommunications technology now covers 40 per cent of Oman’s population – a figure set to grow exponentially when a third telecom operator, Vodafone Oman,...

In this two-part deep dive into Cyclone Shaheen’s deadly aftermath, the Observer speaks to a veteran of Oman’s insurance industry for his insights on policy measures and initiatives that must be...

UPBEAT OUTLOOK: Rebounding oil sector coupled with non-oil exports set to shrink current account deficit to 5 per cent of GDP in 2021: World Bank updateThe World Bank has projected a gradual rebound...

IMMENSE DAMAGE: CMA launches electronic link for insured parties to file complaints over rejected claimsAs a massive clean-up mounted by government agencies, aided by thousands of volunteers, picks up...

@conradprabhu -A combination of key measures adopted by the Omani government in response to budgetary challenges posed by the global economic downturn and exacerbated by the pandemic has begun to pay...

@conradprabhu - Positive indicators: Price of Oman crude averages $55.6/b this year, up from $50/b during Jan – Aug 2020In cheery news for the Omani economy, coming against the backdrop of the...

@conradprabhu Reflecting the Omani government’s increasingly strong pivot towards green energy, the Ministry of Energy and Minerals has for the first time nominated a Focal Point to liaise with...

@conradprabhu - Technical teams fanned across flood-damaged parts of North and South Al Batinah to restore electrical, telecommunications, water supply and sewerage networks wrecked by Cyclone Shaheen...

Muscat: Stark footage of the widespread damage left behind by Tropical Cyclone Shaheen as it barreled into Oman’s populous Batinah coast has got insurance companies fretting about the sizable hit...

PROMISING RECOVERY: Real GDP to grow by 1.7 per cent in 2021 and accelerate to 3.1 per cent on average in 2022-2023 as oil and gas production ramps up after OPEC+ production limits are easedAdding to...

Cautionary advice: Our accomplishments should not push us into a zone of comfort, says CBO Executive President The Central Bank of Oman (CBO) has urged banks and financial institutions in the...

Vodafone Oman, the Sultanate’s third telecom operator, is set to commence operations in the very near future — a development that promises to further intensify competition in the retail and...

With electricity generation from renewable sources, such as solar and wind, set to grow exponentially in the Sultanate in line with the government’s ambitious energy transition goals, a local Omani...

Mineral boost: Production of copper concentrates to start from Q4 2022Al Hadeetha Resources LLC, a joint venture Omani-Australian minerals exploration and development company, has announced the formal...

Strong interest: Innovative payment solutions submitted by local and international start-ups currently being assessed for compliance with regulation, security and customer safetyOman’s nascent...