author - oman observer

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...

Transactions based on digital payment modes are expected to double by 2022 as all segments of the stakeholder community – including merchants, consumers, banks, private companies and government...

A high-level task force is currently studying the complete gamut of issues encompassing the economic advantages – as well as risks – associated with any decision to authorise the use of...

SUPPLY DISRUPTION: The world has gone 'off-track'” in its commitment to achieve zero-hunger: Dr Nora OurabahOman and fellow member states of the Gulf Cooperation Council (GCC) have adopted...

FAR-REACHING CONTRIBUTION: As many as 139 state-owned enterprises (SOEs), distributed across 11 sectors, with a combined workforce of around 36,000 employees, have been brought under the ambit of Oman...

The Public Establishment for Industrial Estates (Madayn), the national entity overseeing the Sultanate’s expanding network of manufacturing parks, has opened up a number of industrial cities –...

DIVERSIFIED TOURISM PRODUCT: Suitably designed campsites proposed in Al Kamil, Jabal Al Akhdhar and Taqah, and a luxury wellness hub planned in DuqmEager to capitalise on the country’s distinctive...

Muscat: Apartments in residential buildings constructed in pre-approved areas of Muscat Governorate, among other parts of the country, will be open to expatriate residents for outright purchase under...

The Omani government’s near-term and medium-term efforts to stimulate and sustain the country’s economic recovery, battered by the global downturn, have been broadly welcomed by the International...

Oman’s continuing journey down the circular economy route has opened up as many as six investment opportunities linked to waste-to-energy (WTE) and waste reprocessing, with an aggregate investment...

Oman’s Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has outlined as many as 90 investment opportunities distributed across eight key sectors – Tourism, Logistics & Food,...

MUSCAT, Sept 11: Joining the ranks of leading international organisations pledging steep cuts in their CO2 emissions, Petroleum Development Oman (PDO) – the country’s biggest oil and gas producer...

Decarbonisation: Water stress may worsen with global warming, says head of Paris-based energy agencyThe Middle East and North African (MENA) region, which includes the Sultanate of Oman and the wider...

With leading international energy players planning steep cuts in their Oil & Gas investments with an eye on their Net Zero pledges, the world faces potential ‘energy starvation’ – a scenario...

OQ Chemicals (formerly OXEA Chemicals), a wholly owned subsidiary of OQ — the Sultanate’s integrated energy group — achieved net revenues of €1.056 billion in 2020, down €1.265 billion a...

Omani Small and Medium Enterprises (SMEs) and Local Community Contractors (LCCs) have been invited to register for subcontracts potentially worth several hundred million dollars that are becoming...

Building on a 2.82 per cent improvement in fuel utilisation per unit of electricity last year, Oman Power and Water Procurement Company (OPWP), the sole off taker of electricity and desalinated water...

GAS REGULATION: The value of OQ Gas Network’s regulatory asset base (RAB) topped $2.5 billion at the end of 2020Wholly state-owned OQ Gas Networks (OQGN), a subsidiary of OQ – the Sultanate’s...