author - oman observer

Muscat: The first batch of buses bearing the ‘Made in Oman’ label have begun rolling out from the modern assembly plant of Karwa Motors at Duqm Special Economic Zone.The imminent launch of the...

@conradprabhu - Solar based projects will account for a dominant share of electricity produced from renewable energy resources, according to a key document submitted by the Sultanate of Oman as...

The Central Bank of Oman (CBO) is preparing the groundwork to support linkages between the Real-Time Gross Settlement (RTGS) system – the principal payment platform of the Sultanate of Oman – with...

Strengthening e-payments: The Central Bank is currently working on the “e-mandate” – an e-authorisation effectively authorising, for example, a utility to deduct the monthly bills for mobile...

@conradprabhu -Oman’s first petroleum coke calcining (CPC) project is set for a ‘soft launch’ at the Sohar Freezone.Sanvira Carbon FZC, established with an investment of around $150 million,...

@conradprabhu -In support of the government’s vision to develop smart cities in the Sultanate of Oman, the semi-government National Energy Center (NEC) plans to develop and roll out a complete suite...

@conradprabhu - The country’s two principal cement manufacturers have again bemoaned pricing wars and product dumping as banes of an industry banking on a post-pandemic economic recovery to...

Landmark endeavour: The Green Grids Initiative (GGI), launched against the backdrop of the Glasgow Climate Summit, is a call to power the world economy with clean energy.The Sultanate of Oman is among...

Construction work has commenced on the Sultanate of Oman’s first zip-line project at Khasab in Musandam Governorate – a joint initiative of Omran Group and the Office of the Minister of State and...

South Korea is ready to partner with the Sultanate of Oman in the realisation of the latter’s vision to create a new energy economy powered by hydrogen, the Korean Ambassador said here last...

@conradprabhu -The Omani government has reaffirmed its commitment to the procurement of a major solar PV based Independent Power Project planned in Al Dakhiliyah Governorate, albeit with a revised...

@conradprabhu - Resurgent oil prices averaging $57.4 per barrel during the first nine months of this year helped slash the Sultanate of Oman’s budget deficit to RO 1,030 million, representing...

@conradprabhu -A top official of the Sultanate of Oman has called for the revival of a proposal envisioning an overland oil pipeline connecting Saudi oilfields with an export terminal on Oman’s...

Crowdfunding platforms will shortly become a reality in the Sultanate of Oman with the Capital Market Authority (CMA) preparing to roll out legislation that aims to, among other things, position the...

A high-tech plant dedicated to the manufacture of smart metering devices, based on Internet of Things (IoT) technology, is gearing up for launch at Rusayl Industrial City, Muscat, in the Sultanate of...

As the Sultanate of Oman makes common cause with the international community in tackling the urgent and potentially catastrophic threats posed by climate change – the central theme of the COP26...

@conradprabhu - Record growth: Average condensate output rose 45pc from 148,000 bpd in May 2020 to 214,000 bpd in June 2021A sharp increase in the production of condensate – light hydrocarbons...

@conradprabhu - Underscoring its ambitions to evolve into a major regional player in green hydrogen production, the Sultanate of Oman has been ranked 25th on a newly unveiled global index of...

Muscat: The Ministry of Transport, Communications and Information Technology (MCTIT) is formulating an ‘action plan’ designed to accelerate the adoption of Artificial Intelligence (AI) and...

@conradprabhu -The Central Bank of Oman (CBO) has announced that it is developing a strategy to align the robust growth of the Islamic banking sector with the country’s national growth...