author - oman observer

Muscat: The Ministry of Finance has announced Oman’s general budget for the fiscal year 2025, unveiling a strategic plan aimed at achieving sustainable economic growth while prioritizing social...

MUSCAT: In a move to strengthen fiscal discipline and streamline the management of financial commitments, the Ministry of Finance has issued Circular No (5/2024), detailing a comprehensive framework...

MUSCAT: The Ministry of Commerce, Industry and Investment Promotion organised the Sanad Service Centres Forum & Exhibition, titled ‘Empowerment and Sustainable Growth’, at the JW Marriott Hotel in...

MUSCAT: The Board of Directors of A’Saffa Foods SAOG has announced an ambitious expansion plan to significantly increase its broiler chicken production capacity. The plan will see production grow...

Muscat: The Authority for Public Services Regulation (APSR) has published electricity tariffs applicable to residential and large non-residential customers, as well as electricity connection and...

Muscat: In a bid to provide continued financial relief to citizens affected by job losses, the Central Bank of Oman (CBO) has extended its loan deferment programme until December 2025. The scheme,...

Elon Musk, a global icon of innovation, has extended his influence beyond electric vehicles and space exploration to redefining the future of artificial intelligence (AI) through his company, xAI....

MUSCAT: Oman’s energy sector continues to evolve as a cornerstone of the nation’s economic strategy, reflecting resilience, adaptability, and a forward-looking vision. The latest report from the...

Dec 22, 2024, MUSCAT: Oman has achieved remarkable economic transformation in 2024, establishing itself as a hub for investment and fiscal sustainability. Guided by Oman Vision 2040, the Sultanate of...

Oman is making bold moves to secure its place as a leader in renewable energy. With the recent announcement by Nama Power and Water Company to develop an additional four major solar energy projects,...

MUSCAT, DEC 18The Oman Chamber of Commerce and Industry (OCCI), in collaboration with the Ministry of Transport, Communications and Information Technology, hosted the first CEOs meeting for startups...

The Oman Chamber of Commerce and Industry (OCCI), in collaboration with the Ministry of Transport, Communications, and Information Technology, hosted the first CEOs meeting for startups and technology...

MUSCAT, DEC 17Oman has unveiled a tuna fattening project using floating cages, an initiative designed to enhance food security and drive economic diversification. Located in Qurayyat, Muscat, the...

MUSCAT, DEC 17The Muscat Stock Exchange (MSX) has recently witnessed a wave of new listings, sparking discussions around pricing strategies and the fairness of initial public offering (IPO) prices....

MUSCAT, DEC 16The Oman Chamber of Commerce and Industry (OCCI) has launched the third edition of its highly successful Franchise Programme, an initiative designed to empower small and medium...

MUSCAT, DEC 16There is significant potential for collaboration between Japan and Oman in various sectors, according to a top official of the Japan Cooperation Centre for the Middle East (JCCME), a key...

MUSCAT, DEC 15Nestled in the high-altitude and rugged terrain of the Wilayat of Al Jabal Al Akhdhar, a groundbreaking saffron cultivation project is turning challenges into opportunities. Leveraging...

MUSCATIn a significant step towards enhancing bilateral trade relations and exploring investment opportunities, the Oman Chamber of Commerce and Industry (OCCI) hosted the Oman-Japan Business Forum at...

Governments everywhere face mounting pressure to keep up with a rapidly changing world. People want better services, more accountability and solutions to challenges like unemployment and economic...

MUSCAT, DEC 11The Ministry of Finance has announced a significant 4 per cent rise in Oman’s state general revenues, which climbed to a total of RO 10.203 billion as of October-end 2024, up from RO...