author - oman observer

In an era increasingly driven by innovation and sustainability, the Oman Investment Authority (OIA) has emerged as a strategic vehicle that envisions the future while driving economic development in...

MUSCAT: In a compelling keynote address at the 18th Annual GPCA Forum, Prof Christof Rühl, a renowned Senior Research Scholar at Columbia University’s Center on Global Energy Policy, laid out a...

MUSCAT, DEC 4Oman’s merchandise exports recorded a robust 10 per cent growth, reaching RO 18.241 billion by the end of September 2024, compared to RO 16.590 billion during the same period in 2023,...

MUSCAT, DEC 4Jim Fitterling, Chairman and CEO of Dow, delivered a compelling address at the GPCA conference, articulating a forward-looking vision for the chemical industry while emphasizing the...

Muscat: Oman Flour Mills Company (SAOG) has announced receiving official confirmation from the government regarding a subsidy for wheat, effective from May 1, 2024, for a duration of one year. The...

MUSCAT, DEC 3Shaikh Nawaf S al Sabah, Deputy Chairman and CEO of Kuwait Petroleum Corporation (KPC), delivered an insightful keynote address at the GPCA Forum, outlining KPC’s strategies for...

RIYADH: The Oman Chamber of Commerce and Industry (OCCI) and the Riyadh Chamber discussed ways to enhance trade and economic cooperation between the two friendly countries during a meeting held at the...

SUR, DEC 2Ras Al Jinz Turtle Reserve on Oman’s east coast has emerged as a premier eco-tourism destination, attracting over 24,000 visitors as of October-end 2024. This figure underscores its global...

MUSCAT, DEC 1Recent data from the National Centre for Statistics and Information (NCSI) reveals a significant surge in trade relations between Oman and Iran, showcasing the Sultanate of Oman’s...

The data released in the Monthly Statistical Bulletin of the National Centre for Statistics and Information (NCSI) for November 2024 highlights significant developments in Oman’s economic...

In an era of dynamic global trade and economic interconnectivity, Oman’s Musandam Governorate emerges as a hidden gem with strategic potential. Overlooking the Strait of Hormuz—a lifeline for...

Muscat: Oman’s Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) inaugurated the National Intellectual Property (IP) Exhibition on Monday, November 25, 2024, at the Oman Convention...

MUSCAT: The Sultanate of Oman witnessed a subtle decline in its expatriate workforce in October 2024. According to the latest figures released by the Royal Oman Police (ROP), the number of expatriates...

MUSCAT: The Oman-Hong Kong Business and Investment Forum commenced at the Oman Chamber of Commerce and Industry (OCCI), underscoring a significant step forward in bolstering economic ties between the...

Muscat: The British Omani Society (BOS) successfully hosted a three-day New Generation Group (NGG) delegation in London, focusing on the transformative role of Artificial Intelligence (AI) in...

MUSCAT, NOV 24Dr Hilal bin Hamoud al Sawai, a leading expert on sustainability and social responsibility, highlights the pivotal role of In-Country Value (ICV) in Oman’s economic future. In an...

MUSCAT, NOV 19The upcoming IPO of OQ Base Industries (OQBI) marks a significant milestone for Oman’s capital market, offering investors a stake in one of the nation’s most vital industrial...

MUSCAT, NOV 18Oman is poised to enter a new phase of industrial development, driven by its ambitious Industrial Strategy 2040 and Local Content Plan (ICV). These initiatives, launched by the Ministry...

Oman has made substantial strides in the Global Food Security Index, advancing by 13.8 points since 2012, positioning itself as one of the fastest-improving nations in food security. In 2022, Oman...

MUSCAT, NOV 17The small and medium enterprise (SME) sector plays a critical role in Oman’s economic vision, fueling job creation, innovation, and sustainable growth. For an economy that aims to...