author - oman observer

MUSCAT: The Oman Power and Water Procurement Company SAOC (OPWP), the sole buyer of electricity and desalinated water capacity in the Sultanate of Oman, has floated a tender for the selection of an...

MUSCAT: An estimated 399K cheques with a face value totalling around RO 656 million went dishonoured last year, largely for want of adequate funds in the drawer’s account, the Central Bank of Oman...

MUSCAT: Less than a month after it was formally unveiled at its site in Duqm Special Economic Zone, the Omani-Qatari JV Karwa Motors has announced the export of its first batch of ‘Made in Oman’...

Oman Food Investment Holding Co (Nitaj), the government's food sector investment and development arm, has notched major successes in the delivery of its strategy to build a sustainable food economy...

The Central Bank of Oman (CBO) has warned that climate change could pose a threat to Oman’s financial system, potentially in the form of direct physical shocks as well as inherent risks during the...

Inflation expectations for the Sultanate of Oman, notwithstanding soaring global inflation stoked by the Ukraine-Russian war and lingering supply-chain constraints, will remain moderate, according to...

MUSCAT: Asyad Dry Dock (formerly known as Oman Dry-Dock Company) has turned a first-ever profit since its establishment just over a decade ago as the country’s first ship repair and maintenance...

Oman Investment Authority (OIA), the integrated sovereign wealth fund of the Sultanate of Oman, says it has green-lighted an “exit plan” submitted by wholly-owned energy and petrochemicals...

New research by a group of scientists representing two leading US universities has confirmed that the proprietary technology of American food-tech firm MycoTechnology can produce plant-based protein...

STRONG MOMENTUM: Move to explore tourism investment in areas of a ‘special nature’As many as 70 new hotels are slated to open at various locations around the Sultanate of Oman during 2022,...

@conradprabhu - Electricity subscribers are now entitled to compensation from licensed distributors under new Guaranteed Service Level Standards that came into effect in the Sultanate of Oman from...

@conradprabhu - Global advanced technology leader Thales says its decades-long engagement with the Sultanate of Oman has evolved from that of a vendor of technology solutions to a partner focused...

@conradprabhu - An Indian-Norwegian joint venture developing the first green hydrogen project in the Sultanate of Oman envisions investments rising to a total of around $6 – 7 billion when both...

Accelerating growth: Broad array of initiatives to impart new momentum to investment inflows, export developmentA diverse array of initiatives — among them a host of regulatory and legislative...

@conradprabhu - The Sultanate of Oman’s nascent crowdfunding industry, currently featuring a pair of platform operators, will be opened up to further competition with the Capital Market Authority...

Latest trends: New stock additions during past five years keep market oversuppliedThe real estate industry of the Sultanate of Oman – an important pillar of domestic economic growth – has bounced...

Landmark venture: The local Omani engineering consultancy’s remit covers all aspects of the mammoth project which, upon completion, will be one of the largest Green Hydrogen projects in the...

@conradprabhu - MUSCAT: An ambitious plan to unlock the immense agricultural and farming potential of the Najd area of Dhofar Governorate has been initiated by the Ministry of Agriculture,...

@conradprabhu - With the Sultanate of Oman set to host the next edition of the General Arab Insurance Federation’s (GAIF) biennial conference in 2024, there are renewed calls for the Omani...

MUSCAT, JUNE 19International ethical investment and social finance platform operator Ethis Group will formally launch its keenly-awaited EthisX crowdfunding platform on Thursday, June 23, 2022,...