Omantel reports RO 3 billion revenue, expands tech strategy
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...
The transition trap: Why clean energy needs more than technology
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...
Credible energy transition hinges on regulatory agility: MEM official
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...
Oman’s labour body secures 87 job reinstatements in April
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...
Energy shift must reflect local realities: Experts warn
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...
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...