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...
Madayn attracts RO 272m in food investments
MUSCAT: The Public Establishment for Industrial Estates (Madayn) has recorded investments exceeding RO 272 million in the food sector, reflecting the growing strength of food manufacturing as a...
EDO issues $650m 10-year sukuk
MUSCAT: Energy Development Oman (EDO) has announced the successful issuance of a $650 million (RO 250 million) 10-year sukuk, maturing in January 2036. This transaction is part of EDO’s ongoing...
Invest Oman strengthens partnership with Oman’s embassies worldwide
MUSCAT: A strategic workshop on the theme, ‘Integration and Partnership with Omani Embassies Abroad’, organised by Invest Oman in collaboration with the Foreign Ministry, brought together a...
Gulf mining gets rights for concession area 11-c in Al buraimi
MUSCAT: Royal Decree No 101/2025 has been issued ratifying the Exploration and Mining Concession Agreement between the Government of the Sultanate of Oman and Gulf Mining Materials Company for...
Oman hosts inaugural LC3 Days conference
MUSCAT: The Sultanate of Oman has cemented its role as a regional beacon for sustainable industry by successfully hosting the inaugural Middle East conference on Limestone Calcined Clay Cement (LC3)....
GIB announces successful $1 billion term loan financing for EDO
Muscat: Gulf International Bank BSC (GIB), a leading regional financial institution headquartered in Bahrain, has announced the successful closing of a $1 billion five-year term loan facility for...
OQEP signs two strategic natural gas sales agreements
OQ Exploration and Production (OQEP) has announced the signing of a natural gas sales agreement (NGSA) with Integrated Gas Company (IGC) for Block 65. OQEP will also transport natural gas at “Marsa...