National Gas divests UAE subsidiary
MUSCAT, OCT 10National Gas, a publicly traded company listed on the Muscat Stock Exchange (MSX), announced yesterday, October 10, 2023, the completion of the sale of its UAE subsidiary, Arabian Oil...
First-ever marriage counselling initiative
The government has launched a pioneering national marriage counselling programme, aptly named “Tamask,” an Arabic word translating to ‘cohesion’.This programme is tailored to empower couples...
Omantel to issue sukuk to refinance outstanding debt
MUSCAT: Omantel, the leading telecommunications provider in the Sultanate of Oman, is planning to issue a US dollar denominated sukuk with a 7-year maturity, the proceeds from which will be used to...
Omantel mulls sukuk to refinance outstanding debt
Social insurance disbursements by PASI total RO 214m in 2022
MUSCAT, OCT 3Insurance disbursements by the Public Authority for Social Insurance (PASI) in Oman totaled around RO 214 million in 2022, the authority said in its newly unveiled Annual Report for the...
Oman's private sector growth accelerates in Q2
MUSCAT: The Sultanate of Oman's private sector grew at an accelerated pace in the second quarter of 2023, with the total value added by active organizations increasing by 10.9% to $23.4 billion,...
Oman and Spain launch second private equity fund
MUSCAT: Oman Investment Authority (OIA) and the Spanish state-owned Trading Company Cofides have announced the launch of the Spain Oman Private Equity Fund II (SOPEF II), a new fund that will invest...
Measures in place to ensure food availability
Pivotal steps adopted by the Omani government in the wake of an upsurge in global prices of food commodities more than a year ago, have helped ensure the affordability and accessibility of basic...
Oman tackles water scarcity with innovative irrigation techniques
To address potential water scarcity challenges, the Sultanate of Oman – represented by the Ministry of Agriculture, Fisheries and Water Resources - is implementing a number of projects to improve...
Major agri initiatives to strengthen Oman’s food security
The Sultanate of Oman, represented by the Ministry of Agriculture, Fisheries and Water Resources, is taking steps to encourage research and development in the agricultural sector. These initiatives...
New Gulf Conformity Badge to replace GCC Quality Mark
SALALAH: The GCC Ministerial Committee for Standardisation Affairs, during its sixth meeting in Salalah last week, discussed a number of issues, including the report of the Chairman of the Gulf...
GCC legal framework for e-commerce on anvil
QASIM AL MAASHANISALALAH, Sept 15GCC ministers and high-level officials attending the 65th Trade Cooperation Committee meeting in Salalah on Thursday discussed a number of topics, including a working...
GCC innovations showcased at 1st Gulf Industrial Exhibition
SALALAHThe 1st Gulf Industrial Exhibition opened in Salalah on Wednesday under the auspices of His Highness Sayyid Marwan bin Turki al Said, Governor of Dhofar. It is organised by the Ministry of...
GCC ministers approve new Unified Industrial Organisation law
SALALAH: The Sultanate of Oman hosted here on Thursday, September 14, 2023, GCC ministries participating in an array of meetings, notably of the 65th Trade Cooperation Committee, the 51st Industrial...
Oman targets 3-fold jump in wheat production to 7,000 tonnes
MUSCAT: The Sultanate of Oman, represented by the Ministry of Agriculture, Fisheries and Water Resources, is targeting an impressive three-fold increase in the cultivation of wheat to around 7,000...
Salalah forum calls for comprehensive guide on strategic project governance
SALALAH: A forum on "Strategic Project Governance" concluded in Dhofar Governorate yesterday, September 13, 2023, with a set of recommendations for improving the governance of strategic projects.The...
MoL hosts key forum on ‘Project Governance’ in Salalah
SALALAH: The Ministry of Labour (MoL), in partnership with the Reference Centre for Conferences and Seminar, organised a well-attended forum focused on strategic project management, with a specific...
Specs for 241 GCC standards approved at Salalah forum
SALALAH: The 56th meeting of the Technical Council of Heads of Standardisation Bodies of the Gulf Cooperation Council (GCC) concluded in Salalah on Monday, September 2023. The meeting was chaired by...
SMN Power seeks buyers for retired gas turbines
MUSCAT: Publicly traded electricity generation firm SMN Power Holding SAOG has announced its intention to sell Gas Turbines 1 to 6 at the plant of its 99.99 per cent subsidiary Al Rusail Power Company...
Strict new regulations to ensure safe potable water supply
MUSCAT: The Authority for Public Services Regulation (APSR) has issued new guidelines to regulate the quality of potable water production in the Sultanate of Oman.The regulation, issued by Eng Salim...