author - oman observer

MUSCAT, APRIL 24In a significant boost to its portfolio and a strategic move towards diversification, Oman's Galfar Engineering & Contracting SAOG (Galfar) announced a joint venture contract with...

Muscat: The Sultanate of Oman-based Galfar Engineering & Contracting SAOG (Galfar) has announced that it bagged a joint venture contract with RO 521 million (approximately $1.4 billion).In a filing to...

MUSCAT, APRIL 23International oil services giant SLB (rebranded from Schlumberger) is leveraging its formidable expertise to support energy companies in the region achieve their decarbonisation...

MUSCAT, APRIL 21In a disclosure filed with the Muscat Stock Exchange (MSX) on Sunday, Oman Flour Mills Company (OFM), a leading Omani food producer known for its "Dahabi" brand flour and "Barakat"...

MUSCAT: The foundation stone for the first green hydrogen station in the Sultanate of Oman will be laid later this month against the backdrop of the Oman Sustainability Week 2024 (OSW), which takes...

MUSCAT, APRIL 16The Omani banking sector is off to a positive start in 2024, according to a report by Vision Capital detailing a rise in key financial metrics across the sector for the first...

MUSCAT, APRIL 15Oman Fisheries Company reported mixed results for the first quarter of 2024, showing a decrease in losses compared to the same period last year, but revenue challenges persist.Losses...

MUSCAT, APRIL 8The Sultanate of Oman's foreign trade kicked off 2024 on a promising note, according to a recent report by the National Centre of Statistics and Information (NCSI).The data reveals a...

MUSCAT: Oman's business climate received a positive boost in February 2024 with a significant rise in its expat workforce. Data published by the National Centre for Statistics and Information (NCSI)...

SALALAH: A significant uptick in commercial activity is transforming Dhofar Governorate into a bustling hub as families stock up on essentials for the upcoming Eid al Fitr celebrations. Shop windows...

SALALAH, MARCH 31After a period of delay, the landmark Al Sodah Island resort project in Dhofar Governorate is back on track with an estimated investment value of approximately $100 million, according...

Salalah: In a strategic move to solidify Dhofar Governorate's position as a year-round tourist destination, Salim bin Mohammed al Mahrouqi, Minister of Heritage and Tourism, convened a high-level...

MUSCAT: National carrier Oman Air issued a statement on Tuesday addressing the status of a group of Omani trainee pilots who have been the subject of recent online discussions.According to the...

MUSCAT: Oman Chamber of Commerce and Industry (OCCI) hosted on Monday a forum to explore the potential of the Oman Future Fund — a landmark initiative of Oman Investment Authority (OIA) — as a...

Muscat - In a move that strengthens Oman’s water security, SMN Barka Power Company SAOC, a subsidiary of SMN Power Holding SAOG, has entered into a new Water Purchase Agreement (WPA) with Nama Power...

The traditional methods of education and training are undergoing a significant transformation driven by the emergence of artificial intelligence (AI). This transformation represents a strategic shift,...

Muscat: The inaugural session of the ‘MSX Chairman’s Dialogue’ series, launched by Muscat Stock Exchange (MSX) on Thursday, featured Dr Bradley J Cook, President of the American University of...

MUSCAT: Oman has embarked on a path towards a more sustainable future with a groundbreaking initiative forged between the Central Bank of Oman (CBO) and the Environment Authority. This collaborative...

The Sultanate of Oman is experiencing a period of significant economic transformation. A key element of this transformation is the "Omanisation" policy, a national initiative aimed at increasing the...

MUSCAT: Omani government finances saw a shift in the first month of 2024, with spending rising at a faster pace than revenue, according to preliminary data unveiled by the Ministry of Finance on...