author - oman observer

A recent visit by a staff team from the International Monetary Fund (IMF), held in Muscat from May 21 to 29, 2025, has provided a timely and comprehensive assessment of Oman’s macroeconomic...

MUSCAT, JUNE 3The Central Bank of Oman (CBO) has issued a regulatory framework for the licensing and supervision of digital banks, marking a major step toward modernising the country’s financial...

MUSCAT, JUNE 3Oman allocated more than RO 2.1 billion in 2024 to fund targeted support across critical sectors and public welfare programmes, as part of its broader fiscal strategy to promote economic...

MUSCAT: The Central Bank of Oman (CBO) has issued a regulatory framework for the licensing and supervision of digital banks, marking a major step toward modernising the country’s financial sector....

MUSCAT, JUNE 2The Ministry of Transport, Communications and Information Technology (MoTCIT), in collaboration with the Ministry of Economy, has launched a portfolio of artificial intelligence (AI)...

MUSCAT, JUNE 1Oman posted a fiscal surplus of RO 540 million at the close of 2024, outperforming initial expectations and reversing a projected deficit of RO 640 million. The stronger-than-anticipated...

Muscat : In a strategic move set to reshape Oman’s upstream oilfield services landscape, ADNOC Drilling has acquired a 70% stake in SLB’s land drilling rigs business in the Sultanate, marking the...

In an age dominated by grand national visions, Oman’s latest performance report of its 10th Five Year Plan, spanning the 2021–Q1 2025 timeframe, stands apart—not for its rhetoric, but for its...

MUSCAT: The Sultanate of Oman posted a fiscal deficit of RO 136 million in the first quarter of 2025, demonstrating continued government commitment to prudent financial management and strategic...

MUSCAT: The global energy transition will not succeed without private-sector willingness to absorb cost premiums, build scalable models and push investment despite current regulatory uncertainties,...

MUSCAT: OQ Alternative Energy (OQAE), the renewables subsidiary of Oman’s integrated energy group OQ, is progressing with plans to establish an e-fuels hub in the Special Economic Zone at Duqm...

Electric vehicles are not just disrupting the car market — they are quietly rewriting the logic of insurance.Last week’s move by Oman’s Financial Services Authority (FSA), mandating full...

MUSCAT, MAY 20Nama Electricity Distribution Company (NEDC) – part of Nama Group - invested RO 154.49 million in 2024 to upgrade and expand its power distribution network across Oman, according to...

MUSCAT, MAY 20The energy transition must strike a pragmatic balance between climate ambitions and business sustainability, said Emry Hisham Yusoff, Senior General Manager of the Carbon Management...

MUSCAT, MAY 19Oman’s Block 53 oilfield, home to the Mukhaizna steam flood project, has produced over 640 million barrels since production began in 2005, according to official statements marking the...

Muscat – Omantel, Oman’s leading telecommunications and digital solutions provider, reported consolidated revenues of RO 3.03 billion in 2024, reinforcing its transformation into a regional...

There was a time when the biggest question in climate conversations was “what technology will save us?” That era is ending. The technologies exist. Solar and wind are affordable. Green hydrogen is...

MUSCAT: The complexity of policy frameworks—not technology or ambition—is the real bottleneck in accelerating renewable energy deployment, said Dr Firas al Abduwani, Director General of Renewable...

MUSCAT: The General Federation of Oman Workers (GFOW) reported a rise in labour-related disputes and collective job termination notices in April 2025, reinforcing its active role in safeguarding...

MUSCAT: Global energy experts convening at the Oman Petroleum & Energy Show (OPES) have urged governments and industry leaders to adopt more realistic, inclusive, and economically grounded strategies...