Agriculture and fisheries sectors together account for 2.5% of GDP
The aggregate volume of agricultural, livestock and fisheries production increased rapidly from 2015 to 2021 at an average growth rate of 8.1 per cent. Total output aggregated 4.6 million tonnes in...
3-months-long shrimp fishing season begins on Sep 1
The shrimp fishing season will begin on Thursday, September 1, in the Sultanate of Oman and will continue for three months, until the end of November.The shrimp fishing season marks the third of...
OIA boosts Future Generation Fund through investment in German real estate tower
MUSCAT: With a view to enhancing the Future Generation Fund consisting of foreign and local assets in public and private markets and in properties, and in order to achieve greater returns for future...
Tourism sector’s GDP share to reach 5pc by 2030
MUSCAT: The Ministry of Heritage and Tourism seeks to revitalise the tourism sector in the coming years as one of the targets of economic diversification and one of the priorities of Oman Vision...
Seminar focuses on Model Fish Markets
A seminar organised by the Ministry of Agriculture, Fisheries and Water Resources looked at all aspects of establishing model fish markets in the Sultanate of Oman.The event, titled ‘Schemes for...
Khareef Salalah named best Arab tourist destination for 2022
SALALAH: The Second Arab Forum for Tourism and Heritage, held in Salalah in the Sultanate of Oman, announced the selection of khareef Salalah as the best Arab tourist destination in the Arab world for...
Campaign to boost domestic tourism in Oman
MUSCAT: Omran Group, the executive arm of the Sultanate of Oman for the development of the tourism sector, has launched the fourth edition of its tourism promotional campaign dubbed ‘In Oman’.The...
OETC invests RO 64m in new power networks
MUSCAT: Oman Electricity Transmission Company (OETC), member of Nama Group, has announced the successful completion of a number of key network projects in various governorates of the Sultanate of Oman...
Oman Customs uncovers 520 smuggling cases in 2021
MUSCAT: Instances of customs-related smuggling jumped 62.5 per cent to 520 cases in 2021, up from 320 a year earlier, according to the annual report of the Directorate General of Customs (Royal Oman...
Strong growth in Omani merchandise trade in 2021
The value of merchandise trade totalled RO 33.8 billion in 2021, up from RO 28 billion in 2020, according to the Directorate General of Customs – Royal Oman Police. The strong uptick in imports and...
Squid fishing season to resume on Aug 1 for 6 months
MUSCAT: The annual squid fishing season will begin on August 1, 2022 and run for a period of six months until January 31, 2023, the Ministry of Agriculture, Fisheries and Water Resources has...
Call for setting up new logistics area in Al Najd region
SALALAH: The Al Najd Agriculture Development Department and the Farmers Association in the Governorate of Dhofar held a meeting to deliberate on solutions to challenges being faced by cultivates in...
Artificial insemination project to boost livestock yields
MUSCAT: The Ministry of Agriculture, Fisheries and Water Resources (MoAFWR) has indicated that the number of private veterinary clinics licensed to provide artificial insemination services for the...
Omani SMEs post 14pc growth in revenue from ICV contracts
MUSCAT: Omani small and medium-sized enterprises (SMEs) saw revenues earned through the In-Country Value (ICV) programme grow by around 14 per cent of total spending last year, according to the...
E-system for tracking fishing vessels and boats in Oman
MUSCAT, JULY 10The Ministry of Agriculture, Fisheries and Water Resources (MAFWR) has implemented a programme for installing automatic tracking devices on coastal and artisanal fishing vessels as part...
Key survey begins of lantern-fish biomass in Sea of Oman
MUSCAT, JULY 9The Ministry of Agriculture, Fisheries and Water Resources (MAFWR) has kicked off a survey of lantern-fish (locally known as Al Fanar) stocks in the Sea of Oman to explore the commercial...
Huawei affirms commitment to power Oman’s digital economy
Steven Yi, President of Huawei Middle East, highlighted Huawei’s commitment to support governments across the region achieve their digital transformation visions with 5G networks and other advanced...
SAMENA Summit stresses 5G’s role in driving digital transformation
Leaders and experts from the telecommunications industry came together at this year's SAMENA Council Leaders' Summit hosted by Huawei for the ninth consecutive year. The annual gathering was held...
SAMENA Council Leaders’ Summit 2022 opens next week
MUSCAT, MAY 3SAMENA Telecommunications Council has partnered with Huawei to host this year’s SAMENA Council Leaders' Summit 2022 for the ninth consecutive year. The annual gathering of Telecoms...
Steep oil price increase may result in higher airfares
MUSCAT, APRIL 2With oil prices in their triple digits, international airlines will have little choice but to pass on some of this higher cost burden on to their customers in the form of steeper ticket...