Malaysia a popular destination for Omani tourists
Malaysia is positioning itself as a welcoming, cost-competitive family holiday destination for Omanis this summer as the southeast Asian nation competes with other international destination for...
Oman committed to promoting and safeguarding youth innovations
Developing national competencies: World IP Day celebrations underscore role of youth in driving sustainable futureMUSCAT, APRIL 27The Sultanate of Oman observed The World Intellectual Property Day on...
Consumer cooperatives can drive socioeconomic growth: Experts
MUSCAT, APRIL 26The potential for the growth of consumer cooperatives in the Sultanate of Oman was highlighted at a Ramadhan Evening hosted by the Oman Chamber of Commerce and Industry on Monday...
Assets of Oman Investment Authority split among two pillars
New focus: National Development Portfolio and Future Generations Fund created to achieve strategic goalsMUSCAT, APRIL 25Oman Investment Authority (OIA), the integrated sovereign wealth fund of the...
Oman Flour Mills subsidiary announces Australia foray
MUSCAT, APRIL 24Atyab Investments, the investment arm of Oman Flour Mills (OFM), has set up a new company in Australia, one of the world’s biggest grain and livestock farming nations.OMAUS Pty...
Key milestone completed in North-South Interconnector Project
MUSCAT, APRIL 23Oman Electricity Transmission Company (OETC), member of Nama Group, celebrated over the weekend the completion and commissioning of the first node of the landmark North-South...
MAFWR says 627 fisheries violations recorded in March
Over a tonne of Omani lobster fished illegally in the waters of the Sultanate of Oman outside the designated harvest season were seized by authorities during the month of March 2022, The Ministry of...
Oman’s economy on solid path to recovery, says World Bank
MUSCAT: A new World Bank report on the Gulf Cooperation Council (GCC) states foresees a significant improvement in the Sultanate of Oman’s fiscal and external positions in 2022, on the back of...
Muscat Food Bank helps fight waste, channels surplus food to the needy
MUSCAT: A one-of-a-kind food bank initiative launched by a group of leading Omani dignitaries and officials is helping channel surplus cooked food to less privileged sections of the community.The...
Investment Residency Visas net RO 106m in investments
Investments garnered through the Investment Residency Visa programme launched with the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) amounted to over RO 106 million to date,...
Oman a promising market for EV, hydrogen-powered cars
As with much of the rest of the world, the Sultanate of Oman is working with a lot of passion to advance renewables as part of a broader effort to mitigate risks stemming from global warming.Also...
Oman has adequate quantities of wheat
The Sultanate of Oman is well-geared to meet any shortfalls in the import of key food grains and essential staples stemming from the Ukraine crisis, according to a food industry official.Eng Ibrahim...
New mining tender targets rich potash reserves
MUSCAT, APRIL 9The Ministry of Energy and Minerals has invited local and international mining companies with experience in mining projects to participate in a new tender round targeting rich potash...
Galfar wins RO 75m Yiti Sustainable City contract
Leading Omani construction firm Galfar Engineering & Contracting says it has been awarded a contract valued at around RO 75 million for the implementation of part of the prestigious The Sustainable...
Amazon hosting of 100 Omani SMEs soon
An initiative of the Ministry of Economy, in cooperation with the Authority of SME Development (Riyada), to register 100 companies on the famous Amazon website, will be launched soon, the Authority...
Omani app Jahezlee makes food pre-ordering a breeze
Imagine placing your order at your favourite restaurant only to be informed that your order will take 20-30 minutes to materialise because of the rush of customers? Now a young Omani entrepreneur has...
Over 5,000 One-Person-Companies registered in 2021
MUSCAT, APRIL 3The number of One-Person Companies (OPC) registered via the Invest Easy portal of the Ministry of Commerce, Industry and Investment Promotion has soared to 5,063 companies as of...
Shopping discounts should not be less than 20%: Ministry
MUSCAT, APRIL 3Applications for shopping promotions and discounts approved by the Ministry of Commerce, Industry and Investment Promotion totalled 7,175 in 2021, presenting a 27.7 per cent increase...
Oman becomes 100th ILO Member State to ratify Maritime Labour Convention
Seafarer rights: First Gulf state to ratify key maritime labour conventionMUSCAT, APRIL 2The International Labour Organisation (ILO), a specialised agency of the United Nations, has announced that it...
Oman set to usher in new phase of economic growth
MUSCAT: The Sultanate of Oman is poised to embark on a new phase of economic development with the private sector set to play a key role in this process.According to Dr Said bin Mohammed al Saqri,...