Business - oman observer

Tuesday, September 10, 2024 | Rabi' al-awwal 6, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
High-level officials of OQ Group addressing a media briefing on OQEP’s upcoming IPO.
OQ to offer 25% stake in OQEP subsidiary via IPO

MUSCAT, SEPT 9OQ Exploration and Production (OQEP), the government-owned upstream oil and gas operator – part of OQ Group - plans to proceed with an initial public offering (IPO) and list its shares on the Muscat Stock Exchange (MSX). The IPO, offering up to 25 per cent of OQEP's shares, is expected to begin in September 2024, pending regulatory approval, with the...
High-level officials of OQ Group addressing a media briefing on OQEP’s upcoming IPO.

OQ to offer 25% stake in OQEP subsidiary via IPO
With an issued capital of RO 10 million, the company seeks to enhance trade and investment flows.

Oman and Bahrain finalise steps to launch joint investment company
Tahir al Amri, Executive President of the Central Bank of Oman

Oman’s Islamic banking sector records substantial growth
Yamna CEO Abdelaziz Yatribi speaking at the opening of the National Ecosystem Readiness Lab in Muscat.

Yamna pledges support for growth of Oman’s green hydrogen ecosystem
Maymuna al AdawiDirector, PPP, Ministry of Commerce, Industry and Investment Promotion and Tejarah Talks organizer.

Next Tejarah Talks to focus on agrifood and cultivating opportunities
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Al Mouj Muscat awards phase two of business park to Oman Shapoorji
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OQ Exploration and Production announces IPO
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Masirah International awarded package for Ghubrah III Desalination Plant Project
Dr Arshad Ali is a geochemist at Sultan Qaboos University.

Potential for coastal carbon capture : Study
Barka Power and Water's plant at Barka.

Barka Water and Power restores full plant capacity in Barka
The ministry’s tender seeks proposals for the development of programmes that foster AI competencies.

Oman invites investors for AI innovation studio
OIA has included 'Talent Management' within its recruitment department. (Picture courtesy: OIA)

OIA : Talent development key to national growth
Dr Said al Abri addresses the start of the first phase of the Oman Drone Competition.

First phase of Oman Drone Competition attracts 120 participants
A Boeing Starliner spacecraft is docked to the International Space Station, on July 3, 2024.

Starliner’s troubles are the latest setback for Boeing
In the first half of 2024 alone, Salalah Free Zone secured RO 68 million in new investments.

Salalah Free Zone attracts over RO 4.6 billion in investments
Trending Stories
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GCC calls for efforts to stop Israeli war on Gaza

Special packages to meet the expectations of tourists.

Cross-country tourism a new trend for adventure seekers

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Oman participates in GCC ministerial meetings with India, Russia and Brazil

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CPA's consumer-friendly Initiative boosts trust

HH Sayyid Belarab bin Haitham al Said presiding over the meeting.

Focus on projects to enhance economic diversification

Oman’s delegation is led by Dr Abdullah Mohammed al Saidi, Minister of Justice and Legal Affairs. - ONA

Oman at Asia-Africa Legal Consultative Organisation session

Shrimp plays a key role in boosting national income and strengthening the local economy

Shrimp fishing season begins across coastal governorates

The third edition of the competition saw a total of 28 projects participating, of which 19 qualified

Prevention of psychotropic substances: Salalah wins first prize

BUSINESS VIDEOS
Economy
With an issued capital of RO 10 million, the company seeks to enhance trade and investment flows.

Oman and Bahrain finalise steps to launch joint investment company

MUSCAT: The Oman Chamber of Commerce and Industry (OCCI) and the Bahrain Chamber of Commerce and Industry convened in Muscat yesterday to finalise the establishment of the 'Oman and Bahrain Investment Company.' This joint venture aims to foster and...

Yamna CEO Abdelaziz Yatribi speaking at the opening of the National Ecosystem Readiness Lab in Muscat.
Yamna pledges support for growth of Oman’s green hydrogen ecosystem
Maymuna al AdawiDirector, PPP, Ministry of Commerce, Industry and Investment Promotion and Tejarah Talks organizer.
Next Tejarah Talks to focus on agrifood and cultivating opportunities
2768262

Al Mouj Muscat awards phase two of business park to Oman Shapoorji
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Masirah International awarded package for Ghubrah III Desalination Plant Project
Dr Arshad Ali is a geochemist at Sultan Qaboos University.

Potential for coastal carbon capture : Study
Opinion
EDITORIAL OBSERVER
EDITORIAL OBSERVER Why World Cup 2026 matters to Oman
Nidal Al Mughrabi
Nidal Al Mughrabi Fear of 'lost generation' for Gaza children
Lakshmi Kothaneth
Lakshmi Kothaneth Lookout... Z has joined the workforce
Markets

TRA

Nearly 400 licenses issued for telecom, and postal services: TRA

Wall Street finds new growth avenues : Beyond Tech

MSX gains 72 points to close at 4,746

Rollout of AI-powered reverse vending machines begins

Dollar rebounds as markets await US

Banking

Tahir al Amri, Executive President of the Central Bank of Oman

Oman’s Islamic banking sector records substantial growth

Banking sector credit climbs 3.8%

OIA highlights support to State General Budget and debt reduction

Oman awaits Apple Pay launch in September

Personal loans climb 4.8 pc to RO 11.4 bn in Oman

Energy

High-level officials of OQ Group addressing a media briefing on OQEP’s upcoming IPO.

OQ to offer 25% stake in OQEP subsidiary via IPO

OQ Exploration and Production announces IPO

Barka Water and Power restores full plant capacity in Barka

MDO’s exploration efforts lead to growth in assets

Eight OPEC+ members extend oil supply cuts

Aviation
A Boeing Starliner spacecraft is docked to the International Space Station, on July 3, 2024.

Starliner’s troubles are the latest setback for Boeing

Space programs are a small part of Boeing’s business, which is dominated by sales of commercial and military planes and equipment. But the work is a point of pride: Boeing has long been involved in...
New airports are planned in Al Jabal Al Akdhar, Masirah Island and Suhar.

Oman launches tender for design of three new airports

A Cathay Pacific Airbus A350 aircraft

What is the issue with Cathay Pacific's A350 engines?

Middle Eastern carriers saw a 5.8% year-on-year increase in demand. Capacity increased 5.5% year-on-year

Middle Eastern airlines see 5.8% increase in demand

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Air India to operate Vistara flights from November

ENTREPRENEURS
OQ to offer 25% stake in OQEP subsidiary via IPO

MUSCAT, SEPT 9OQ Exploration and Production (OQEP), the government-owned upstream oil and gas operator – part of OQ Group - plans to proceed with an initial public offering (IPO) and list its shares on the Muscat Stock...

High-level officials of OQ Group addressing a media briefing on OQEP’s upcoming IPO.

Oman and Bahrain finalise steps to launch joint investment company

Yamna pledges support for growth of Oman’s green hydrogen ecosystem

Next Tejarah Talks to focus on agrifood and cultivating opportunities
Property
The seal of the United States Department of Justice is seen on the building exterior of the United States Attorney's Office
Google 'anti-competitive' over online ad tech: UK
Dr Ahmed al Abri, Chief Technology and Information Officer at Ooredoo
Ooredoo successfully tests 5.5G technology
Mozzi, a goldendoodle dog, sitting near a monitor showing its x ray results
South Korean pet care goes high-tech with AI
Tourism

The number of hotel and lodging establishments in Al Dhahirah increased by 41 per cent in 2024.

Khareef Season Boosts Al Dhahirah Economic Activities

Dhofar abounds with rich tourism and economic potential

Omran to develop 5-star hotel in Muscat

Oman’s first agritourism firm to venture into fruit farming and processing

‘Change the atmosphere’ promotional summer tourism campaign launched

Trump International Resort in Yiti to attract global investors

Dar Global launches $500 million Trump International Oman

Cars

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Kia’s all-new EV5 launched in Morocco

Fuel marketers expand EV charging network across Oman

Chinese cars make inroads in Latin America

China's growing 'robotaxi' fleet sparks concern, wonder on streets

BMW to recall 1.4 m cars in China over airbags

Infiniti and Al Hashar Automotive return modern Japanese luxury to Oman’s roads

Japan built Thailand’s car industry. Now China is gunning for it

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