author - oman observer

MUSCAT: HSBC Bank Oman SAOG and Sohar International Bank SAOG announced on Tuesday that they have agreed to enter into a non-binding memorandum of understanding on proceeding to exclusive discussions...

Singapore’s Blue Aqua International, a global leader in shrimp farming and aquaculture technology, has announced that it has signed a Memorandum of Understanding (MoU) with Fisheries Development...

Seeking to fuel the growth of micro-enterprises – small businesses operating from within households – in the Sultanate of Oman, the Ministry of Commerce, Industry and Investment Promotion has...

MUSCAT: The SME Development Authority (Riyada) has unveiled procedures and guidelines under which Omani small and medium sized entrepreneurs can register for land on a usufruct basis in any of 10 new...

MUSCAT: Data released by the National Centre for Statistics and Information (NCSI) showed that the total number of visitors coming to visit Oman was 794,000, while the number of visitors departing...

MUSCAT: Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, and the Oman Tourism Development Company (Omran Group), are joining hands to support the establishment of the...

The Central Bank of Oman (CBO) has affirmed that risks to the Sultanate of Oman’s “financial stability have subsidy”, but warned nevertheless that “new vulnerabilities have appeared that may...

MUSCAT: Total foreign investment inflows – direct and indirect - into the Sultanate of Oman rose 6 per cent to reach RO 22.500 billion by the end of 2020, up from RO 20.983 billion a year earlier,...

Consumer fines and recoveries netted the Directorate General of Consumer Protection (North Al Batinah) revenues totalling RO 140K in the first half of this year, the Consumer Protection Authority...

SALALAH: The Dhofar Municipality has a clear plan for the promotional identity for this season and will seek to offer an exceptional experience to tourists which allows them to enjoy nature, weather,...

The Omani government has begun subsiding wheat imports to offset the steep rise in international wheat prices following the outbreak of hostilities between Ukraine and Russia in February this...

Leading contractors Galfar Engineering and Contracting SAOG and Al Hassan Engineering Company have announced that they have been awarded two key infrastructure contracts totalling around RO 85 million...

Publicly traded takaful company Al Madina Takaful has denied media reports alleging that the company was the target of a purported fraud.In a filing to the Capital Market Authority (CMA) on Tuesday,...

Ahead of the celebration of Eid al Adha, Oman’s authorities are seeking to remind the faithful — Omanis and expatriates alike — that they have an obligation to ensure that offal and other waste...

MUSCAT, JULY 3Well-known Omani contractor Galfar Engineering & Contracting SAOG has announced that it has been awarded a contract from the Ministry of Defence for the dualisation of Phase 2 of Al...

MUSCAT, JULY 3Oman Arab Bank (OAB) has welcomed the verdict issued by the Muscat Court of Appeal (Criminal Chamber) in relation to its criminal complaint stemming from the embezzlement of around RO 6...

Eight individuals, including a woman, were handed prison terms ranging from 1 to 10 years, as well as steep fines, in a case of embezzlement, forgery and money laundering linked to the theft of funds...

As khareef-bound Salalah prepares to receive visitors from around the Sultanate of Oman and the wider Middle East region, municipalities across Dhofar Governorate are moving to enhance the appeal of...

SALALAH, JUNE 29Against the backdrop of this year’s khareef season, a major economic conference will be held in Salalah with the goal of spotlighting Dhofar Governorate’s potential as a tourism,...

The Tulip Inn Majan Salalah – the newest addition to Dhofar Governorate’s expanding portfolio of luxury properties – is set to formally open its doors on July 1, 2022.Located on Samharam Street...