OPAZ showcases investment opportunities at Oman–Philippines Forum
MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) participated in the third edition of the Oman–Philippines Forum, held in the Philippine capital, Manila, under the...
OIA-backed Terminal 11 joins CIC Global Network
MUSCAT: Omani innovation hub Terminal 11 has signed a strategic partnership agreement with the Cambridge Innovation Center (CIC), one of the world's leading organizations in designing and...
Engineering contract inked for Duqm green iron project
MUSCAT: Singapore-headquartered Meranti Green Steel (MGS) has awarded a contract to SMS Group and Midrex Technologies, Inc for the front-end engineering phase of its planned 2.5 million tonnes per...
Invest Oman projects in Sohar Freezone mark progress in implementation
In line with the Ministry of Commerce, Industry and Investment Promotion’s (MoCIIP) efforts to follow up on investment projects attracted and localised in the Sultanate of Oman, and to strengthen...
New digital initiative to advance supply chain management in Oman’s energy sector
The Ministry of Energy and Minerals has launched a new digital initiative to transform supply chain management across the energy sector, reinforcing efforts to enhance procurement efficiency, optimize...
FSA approves OMIFCO share allocation ratios
Muscat: The Financial Services Authority (FSA) has approved the share allocation ratios for the initial public offering (IPO) of the Oman India Fertiliser Company (OMIFCO), following its review of the...
IGC signs Spot Gas Market pacts to spur Oman’s industry
Muscat: Integrated Gas Company (IGC), the aggregator and shipper of natural gas in Oman, has signed a new series of agreements under the Sultanate’s Spot Gas Market, further strengthening the...
Oman sets 2029 timeline for sustainability disclosure standards
Muscat: Oman’s non-banking financial sector is moving towards mandatory sustainability-related financial disclosures, with the Financial Services Authority confirming that IFRS S1 and IFRS S2...
Oman marks World Accreditation Day
Muscat: The Sultanate of Oman, represented by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP), joins countries around the world in marking World Accreditation Day, observed...
Omantel strengthens cybersecurity with Fiber Pro
As businesses across Oman accelerate their digital adoption, ensuring seamless and secure connectivity has become essential to maintaining continuity and performance. In response, Omantel is evolving...
Oman moves towards mandatory sustainability disclosures for listed firms
MUSCAT: Oman is preparing to make sustainability and climate-related disclosures mandatory for listed companies and regulated financial institutions, under a phased framework now open for public...
MSX cap tops RO 32bn amid deepening capital market reforms
The Muscat Stock Exchange (MSX) said its market capitalisation climbed to more than RO 32 billion in 2025, up from around RO 22 billion at the end of 2021, as Oman’s stock market completed five...
MSX signs pact with Environment Authority at Oman Sustainability Week
MUSCAT: Muscat Stock Exchange (MSX) signed a cooperation agreement with the Environment Authority during the opening day of Oman Sustainability Week 2026, as part of efforts to strengthen links...
Oman Q1 deficit narrows to RO25m as gas revenues jump 36pc
MUSCAT: Oman’s fiscal deficit narrowed sharply to RO25 million in the first quarter of 2026 as higher oil and gas revenues boosted state income despite increased public spending, according to the...
New regulatory framework for carbon markets to drive Oman’s Net Zero Strategy
Muscat: Eng Mohsin Sulaiman al Jabri, Director General of the Oman Net Zero Centre, said the updated National Net Zero Strategy - providing a comprehensive and systematic roadmap for reducing...
Oman updates Net Zero Strategy, launches carbon framework
Muscat: The Ministry of Energy and Minerals unveiled the updated Net Zero Strategy and the regulatory framework for carbon markets during a media briefing held at the Ministry’s headquarters on May...
Oman targets renewables share of 60-70% by 2040
MUSCAT: Oman witnessed the implementation of several strategic projects, spanning renewable energy and green hydrogen in 2025, alongside the expansion of electricity projects and related...
Oman, German export credit agencies explore cooperation
Muscat: Credit Oman, the Sultanate’s leading national institution in credit insurance, recently held a high-level meeting with the Export Credit Guarantees of the Federal Republic of Germany to...
Omantel launches O tech to drive Oman’s digital transformation
MUSCAT: Omantel launched Otech, positioning the new platform as a future-technology provider and a key enabler of Oman’s digital transformation, while announcing a slate of strategic partnerships...
Green hydrogen focus in Oman-India energy talks
Oman’s Ministry of Energy and Minerals has used India Energy Week in Goa to showcase the Sultanate of Oman’s energy-transition plans and investment opportunities linked to Oman Vision 2040. Mohsin...