author - oman observer

MUSCAT: Raysut Cement Company SAOG has appointed its wholly owned subsidiary Tharawat Energy & Mining SPC to manage, operate and supervise all quarries across the group, in a move aimed at...

  MUSCAT: Oman Chromite Company SAOG posted a 52.4 per cent rise in net profit for the first half of 2026, as a shift to bulk shipping helped the Muscat Stock Exchange-listed miner overcome a...

Muscat: Asyad Shipping has sold a 20 per cent stake in each of its two new-build liquefied natural gas carriers, ‘Muscat LNG’ and ‘Musandam LNG’, bringing two Omani institutions into the...

MUSCAT: Oman’s merchandise trade surplus widened 37.2 per cent year-on-year to RO 3.37 billion by the end of May 2026, the largest single gain among the headline indicators published in the Ministry...

MUSCAT: The Financial Services Authority (FSA) has reaffirmed its commitment to strengthening the credibility, quality and regulatory oversight of Oman’s accounting and auditing profession through a...

MUSCAT: Gulf Mushroom Products Co (SAOG), a publicly traded Omani agribusiness, has approved a 50 per cent expansion of its compost production capacity, lifting annual output from about 20,000 tonnes...

MUSCAT: The Oman Chamber of Commerce and Industry (OCCI) hosted a workshop to promote five priority joint-Gulf industrial investment opportunities to the region’s private sector, part of a wider...

MUSCAT: Islamic banking in Oman continued its steady expansion in 2025, with assets reaching $25 billion — around 19 per cent of the banking system’s total — after gaining roughly 200 basis...

MUSCAT: Total capital of investment and real estate funds in the Sultanate of Oman rose by 89.9 per cent during 2025 to reach nearly RO 1.2 billion, according to figures released by the Financial...

MUSCAT: Oman's Ministry of Agriculture, Fisheries, and Water Resources has banned the import of certain fish species from designated regions in Austria and South Korea. The ban applies to fish,...

MUSCAT: For many young Omanis entering the workforce, finding a job often means leaving home for opportunities elsewhere. Nama Water Services wants to change that. The company, on Monday, unveiled the...

MUSCAT: Development Bank’s lending portfolio has surpassed $1 billion (approximately RO 385 million), a milestone the state-backed lender says reflects its role in supporting businesses and driving...

MUSCAT, JULY 8 Shares of Oman India Fertiliser Company SAOG (OMIFCO), a leading integrated producer of anhydrous ammonia and granular urea in the Sultanate of Oman, were listed on the Muscat Stock...

MUSCAT, JULY 2 Enterprises in Oman can deploy Google’s artificial intelligence tools without breaching the Sultanate of Oman’s data residency rules by keeping their information stored locally...

MUSCAT, JUNE 29 MUSCAT: Oman's newly launched Imtidad community solar programme is creating new business opportunities for local renewable energy companies and manufacturers as the Sultanate...

MUSCAT, JUNE 28 A growing number of Omani businesses are turning the messaging apps already on customers’ phones into fully fledged online stores, as artificial intelligence (AI) reshapes how goods...

MUSCAT: Oman's economy has shown a growing ability to adapt to global shifts on the back of balanced policies and gradual structural reforms, according to Mahmoud bin Abdullah al Awaini,...

MUSCAT, JUNE 24 A new initiative to document Omani business and entrepreneurial success stories and promote the Sultanate of Oman as an investment destination has been launched by Mefriend, a digital...

Muscat: The Omani Accreditation Centre expects to secure international recognition before the end of this year, starting with calibration and testing laboratories, in a move designed to strengthen the...

MUSCAT, JUNE 15 As Oman’s Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) steps up efforts to enhance export readiness and develop the competitiveness of Omani enterprises,...