Business - oman observer

Sunday, December 21, 2025 | Jumada al-akhirah 29, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Trade between Oman and India reached around $7 billion in 2024, positioning India as one of Oman’s key trading partners.
CEPA opens Indian market to Omani exports

MUSCAT: The Ministry of Commerce, Industry and Investment Promotion has confirmed that the Comprehensive Economic Partnership Agreement (CEPA) between the Sultanate of Oman and the Republic of India grants preferential access to 97.4 per cent of Omani goods exported to the Indian market, marking a major milestone in bilateral economic relations.The Ministry said the...
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OIA-backed fish canning plant in Duqm boosts value-added fisheries industry
Trade between Oman and India reached around $7 billion in 2024, positioning India as one of Oman’s key trading partners.

CEPA opens Indian market to Omani exports
The biggest initiative currently in Solar Wadi’s project pipeline is a 93 MW solar PV plant under development at Suhar Industrial City.

Solar Wadi targets 500 MWp of renewable capacity in Oman
The number of guests staying at these hotels increased by 10.3 per cent to 1.89 million, up from 1.72 million a year earlier.

Hotel revenues in Oman reach RO 222.1 million
Since the start of 2025, Oman has hosted 24 conferences, reflecting sustained efforts to position the country as a competitive destination for business events.

Business tourism delivers RO 15 million in returns
The upcoming conference will address the strategic, operational and enabling dimensions of space development in the Middle East.

Oman to host second edition of Middle East Space Conference
Credit to the private sector increased by 4.4 per cent year-on-year to reach RO 21.6 billion.

Bank credit in Oman up 8.6%
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Oman-India CEPA: Special team will follow up on implementation
The TikTok app icon on a smartphone in this illustration. — Reuters File

TikTok signs joint venture deal to end US ban threat
The Suhar project would place it among the largest such developments globally. — Picture for illustration only

Oman strengthens e-fuels pipeline with Swiss-backed Suhar initiative
Meg O'Neill, who is set to become BP's next CEO. — Reuters

Energy giant BP extends shakeup with new CEO pick
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Calculators hold out against AI
The 400 MW production line integrates the most advanced technologies for assembling TOPCon and HJT modules: Ecoprogetti

Omani solar PV module project expanded
Since launch, the fund has assessed 828 proposals and approved 141 projects valued at around $3.4 billion, spanning nine major strategic investments.

Future Fund Oman backs $1.2 bn to projects
The Salalah Independent Water and Power Plant (IWPP), one of the largest and most energy-efficient facilities in Dhofar Governorate.

Sembcorp powers Oman with over 1.1 GW of energy assets
Trending Stories
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Gunmen kill 9, wound 10 in South Africa

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Australia beat England by 82 runs to retain Ashes

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Sayyid Theyazin opens Arab Shooting Championship

Palestinians gather to receive food portions at a charity kitchen in the Nuseirat refugee camp in the central Gaza Strip on Saturday. — AFP

1.6 million exposed toacute food insecurity

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RAFO officer wins first place in RAF Cranwell

The marathon aims to promote inclusive participation and inspire a culture of active and healthy living.

Sifah Marathon​ sees men, women on top positions

Oman Dentist Cricket Team celebrates anniversary.

Oman Dentist Cricket Team prepares for new season

Al Oruba controlled proceedings from the opening set and displayed sharp attacking movement.

Al Amerat, Al Oruba post victories in Beach Soccer league

BUSINESS VIDEOS
Economy
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OIA-backed fish canning plant in Duqm boosts value-added fisheries industry

MUSCAT: A major tuna and sardine canning facility backed by the Oman Investment Authority (OIA) has begun operations in the Special Economic Zone at Duqm, reinforcing the Sultanate’s push to increase value-added production in the fisheries sector...

Trade between Oman and India reached around $7 billion in 2024, positioning India as one of Oman’s key trading partners.
CEPA opens Indian market to Omani exports
The biggest initiative currently in Solar Wadi’s project pipeline is a 93 MW solar PV plant under development at Suhar Industrial City.
Solar Wadi targets 500 MWp of renewable capacity in Oman
The upcoming conference will address the strategic, operational and enabling dimensions of space development in the Middle East.

Oman to host second edition of Middle East Space Conference
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Oman-India CEPA: Special team will follow up on implementation
The TikTok app icon on a smartphone in this illustration. — Reuters File

TikTok signs joint venture deal to end US ban threat
Opinion
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Dr Hamed al Sinawi Why do we dream of the dead
Markets

Many Chinese brands leverage lower prices to appeal to cost-conscious Western consumers. — Reuters

Chinese brands expand in US market despite tariffs

Ooredoo Oman confirms restructuring of non-senior leadership roles

China nears first investment decline in 3 decades

MSX records full ESG compliance

Gold near record levels

Banking

Credit to the private sector increased by 4.4 per cent year-on-year to reach RO 21.6 billion.

Bank credit in Oman up 8.6%

Dollar firm ahead of central bank decisions

Central Bank of Oman rolls out partial payment cheque system

How to use the Omani Rial symbol

Apple Pay, Samsung Pay, mobile transfers: How customers make payments in Oman

Energy

Meg O'Neill, who is set to become BP's next CEO. — Reuters

Energy giant BP extends shakeup with new CEO pick

Oman strengthens e-fuels pipeline with Swiss-backed Suhar initiative

Omani solar PV module project expanded

Sembcorp powers Oman with over 1.1 GW of energy assets

Oil prices rise on possible US sanctions, Venezuela

Aviation
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Working aggressively to attract foreign airlines: Oman Airports CEO

Muscat: Oman Airports said that it is aggressively working on strategies to attract more foreign airlines to start operations in the Sultanate.Speaking to the Observer,  Eng Ahmed al Amri, CEO of...
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Oman Air to meet transformation target for 2025: CCO

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Fewer than 100 A320s still grounded for fix: Airbus

/FW1FP/Lincoln Feast

Airbus narrows software crisis as airlines ride out A320 recall

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Updates done on all A320 aircraft registered in Oman: CAA

ENTREPRENEURS
OIA-backed fish canning plant in Duqm boosts value-added fisheries industry

MUSCAT: A major tuna and sardine canning facility backed by the Oman Investment Authority (OIA) has begun operations in the Special Economic Zone at Duqm, reinforcing the Sultanate’s push to increase value-added...

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CEPA opens Indian market to Omani exports

Solar Wadi targets 500 MWp of renewable capacity in Oman

Oman to host second edition of Middle East Space Conference
Property
Capture
New OCCI headquarters to come up in Madinat al Irfan
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How long-term visas are reshaping Gulf real estate
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15 firms begin French Architecture Tour 2025 in Muscat
Tourism

The number of guests staying at these hotels increased by 10.3 per cent to 1.89 million, up from 1.72 million a year earlier.

Hotel revenues in Oman reach RO 222.1 million

Business tourism delivers RO 15 million in returns

Earthen architecture for greener construction

Tourism and heritage drive Oman's non-oil growth

Mövenpick celebrates 10 years of kilo of kindness

Oman hosts workshop to boost European tourism

TOURISE announces $113 billion in portfolio investments

Cars

SINOTRUK hosts successful 2025 Global Partner Conference

Tesla reveals cheaper versions of its cars

Jaguar faces a prolonged shutdown after a cyberattack

China is sending its world-beating auto industry into a tailspin

German carmakers, hit by Chinese rivals, stage a comeback

Ford recalls 1.9 million vehicles over faulty rear-view camera

Tesla taps Samsung for AI6 Chips in $16.5 billion deal

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