Austria’s regulator calls for ‘greater market responsibility’ as PV boom reshapes energy systems
MUSCAT: Austria’s top energy regulator has warned that the surge in solar photovoltaic (PV) installations, while vital to the energy transition, is straining electricity markets and grid...
No plans to sell stake in Oman gas fields
MUSCAT: The Ministry of Energy and Minerals has firmly denied reports suggesting that the Sultanate of Oman is considering the sale of stakes in its natural gas production fields. The clarification...
Oxy eyes 15-year extension in Oman’s Block 53, unveils large gas find
US energy major Occidental Petroleum (Oxy) is in advanced talks with the Omani government to extend its contract for Block 53 — home to the world-class Mukhaizna steamflood field — by 15 years to...
Abrupt solar subsidy changes can destabilise power markets
MUSCAT, MAY 10France’s energy regulator has urged governments to avoid abrupt changes to renewable energy support schemes, warning that even the announcement of reform plans can undermine investor...
Strategic bet or economic necessity? Duqm’s shift
As global competition for leadership in clean energy intensifies, Oman’s Special Economic Zone at Duqm (SEZAD) is quietly pivoting towards a new future — one defined by green hydrogen, industrial...
Invests in innovation to power low-carbon future
MUSCAT, MAY 7Oman is advancing a climate-resilient investment model by integrating environmental goals with strategic economic growth. Two standout initiatives backed by the Oman Investment Authority...
OETC eyes smart grid strategy to meet renewables targets
MUSCAT, MAY 6Oman Electricity Transmission Company (OETC) is accelerating efforts to modernise the national grid in support of the Sultanate’s clean energy transition, aiming to enable 30 per cent...
‘Align media messages with Vision 2040 priorities’
MUSCAT, MAY 5The Government Communication Centre convened its 28th coordination meeting, bringing together representatives from media institutions and government entities across the Sultanate of Oman....
Workers’ Day in Oman: A renewed commitment to labour reform
MUSCAT, MAY 4The Sultanate of Oman marked International Workers’ Day on Sunday, May 4, 2025, with a national celebration underscoring the country’s strategic labour reforms and digital...
CEO TALK: From hands-on work to high office
MUSCAT, MAY 4In the southern city of Salalah, long before titles and accolades, a young boy sat behind the counter of his father’s shop, textbooks open, mind focused, and hands occasionally fixing...
Strategic pacts to strengthen port infrastructure and expand services
Muscat: Asyad Group, global integrated logistics provider, reaffirmed its pivotal role in shaping the Sultanate of Oman’s logistics future through its active participation in the Logistics Day 2025...
MSX to host global strategy expert Lord Richards
Muscat: As part of its ongoing efforts to engage with international economic expertise, the Muscat Stock Exchange (MSX) will host globally renowned economic expert Lord Richards on Monday, May 5. Lord...
Oman marks International Workers’ Day
Muscat: The General Federation of Oman Workers (GFOW) commemorated International Workers’ Day on Sunday, 4 May 2025, held under the patronage of Dr Mahad bin Said Ba’owain, Minister of Labour. The...
Oman’s pharmaceutical sector: A new pillar of national resilience
The pharmaceutical sector in Oman is fast becoming a critical component of national development—intersecting the goals of public health security, economic diversification, and industrial resilience....
Oman’s exposure to Trump tariffs limited, says IMF
MUSCAT: The lingering effects of former US President Donald Trump’s trade tariffs are poised to extract a heavy toll on Oman’s economy, with losses estimated at around $1 billion — or 0.8 per...
Invest Oman facilitates landmark solar manufacturing deal at Advantage Oman Forum
Muscat: Invest OMAN, the government’s official investment promotion arm under the Ministry of Commerce, Industry and Investment Promotion, led the signing ceremony of a major clean energy investment...
Local industry lauds antidumping action against ceramic imports
MUSCAT: Local firms have welcomed Oman’s decision to impose antidumping duties on ceramic and porcelain tiles imported from India and China, describing the move as necessary to safeguard the local...
3rd operator has positively impacted telecom market
MUSCAT, APRIL 26In response to a question from the Observer regarding the declining net profits of telecom companies in Oman, Eng Omar bin Hamdan al Islamili, Chairman of the Telecommunications...
Oman sets stage for world’s next investment conversation
As the sun rises over the Sea of Oman, leaders from across the globe are gathering under the lofty ceilings of the St. Regis Muscat for something more than a business forum. Today, the Sultanate of...
Raysut Cement rekindles green energy deal with Chinese firm
MUSCAT, APRIL 25In a development poised to redefine Oman’s approach to industrial energy efficiency, Raysut Cement Company is reactivating a strategic partnership with China’s SINOMA Overseas...