Business - oman observer

Thursday, December 18, 2025 | Jumada al-akhirah 26, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
The scale of the investment underscores the national priority placed on resilient infrastructure to support economic diversification and sustainable urban growth.
Oman unveils RO 11.1 bn water investment plan

MUSCAT, DEC 15Nama Water Services (NWS), the primary operator of water and wastewater services across the Sultanate of Oman (excluding Dhofar), has unveiled a colossal long-term investment strategy, committing an estimated RO 11.1 billion (approximately $28.8 billion) up to 2050 to secure the nation's water future. This comprehensive capital expenditure (CAPEX)...
The nine projects focus on an array of plastics- and polymer-based packaging solutions and applications.

OQ launches 9 Ladayn plastics projects worth RO 40 million
Muneer Ali al Muneeri, CEO of Rakiza Fund

Oman’s Rakiza Fund raises $1 billion in global capital
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Oman-India CEPA to boost business opportunities
Mohamed Alderiy, Founder of EnviBrick, highlights how material science and local innovation can directly support Oman’s sustainability and energy-efficiency goals.

Startup reshapes sustainable construction in Oman
Tamakkun Programme empowers Omani youth and SMEs, driving innovation and growth in line with Oman Vision 2040.

Tamakkun Programme empowers Omani youth and SMEs
The inaugural flight took off on December 16, marking SalamAir’s entry into Abha, the gateway to Saudi Arabia’s Asir region.

SalamAir launches Muscat–Abha route
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Fitch upgrades EDO to investment-grade BBB-

VW stops production at German site for first time
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Working aggressively to attract foreign airlines: Oman Airports CEO
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Oil prices climb as Trump orders blockade of Venezuelan tankers
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EDF-led consortium wins 120 MW JBB wind power project in Oman
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Ooredoo Oman confirms restructuring of non-senior leadership roles
ITHCA’s initiatives unlock opportunities for tech entrepreneurs to scale regionally, with Saudi Arabia as a key target.

ITHCA launches venture fund and accelerator
Both EDO and OQ are cornerstone entities in Oman’s economy.

Fitch upgrades Omani energy entities EDO and OQ to investment-grade ‘BBB-’
The initiative represents a major step in empowering the private sector and enhancing SME readiness.

Tamkeen initiative to ready SMEs for public tenders
Trending Stories
The discussions focused on elevating economic and commercial cooperation between the two countries to a more advanced stage. — ONA

Oman, India deepen economic ties

The ship serves as a memoir of the over 5,000-year-old relations between the two countries.

Indian monument tells the story of friendship

The relationship between Oman and India has a timeless history and immense potential for the future.

Oman ready to partner with India for business

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Winners of Sultan Qaboos Award for Culture, Arts, and Literature feted

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HH Sayyid Shihab hosts dinner in honour of the Indian Prime Minister

During the separate meetings, Sayyid Badr extended a warm welcome to the ambassadors. - ONA

Foreign Minister receives credentials copies of Palestinian, Lebanese Ambassadors

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State, Shura councils agree on draft anti-cyber crimes law

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Honouring poetic voices through critical reading at the Omani Poetry Festival

BUSINESS VIDEOS
Economy
The nine projects focus on an array of plastics- and polymer-based packaging solutions and applications.

OQ launches 9 Ladayn plastics projects worth RO 40 million

SUHAR, DEC 17 OQ Group celebrated the inauguration of nine new factories under the Ladayn Plastics Industries Programme at Suhar Industrial City, under the auspices of Shaikh Dr Ali bin Masoud al Sunaidy, Chairman of the Public Authority for Special...

Muneer Ali al Muneeri, CEO of Rakiza Fund
Oman’s Rakiza Fund raises $1 billion in global capital
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Oman-India CEPA to boost business opportunities
Mohamed Alderiy, Founder of EnviBrick, highlights how material science and local innovation can directly support Oman’s sustainability and energy-efficiency goals.

Startup reshapes sustainable construction in Oman
Tamakkun Programme empowers Omani youth and SMEs, driving innovation and growth in line with Oman Vision 2040.

Tamakkun Programme empowers Omani youth and SMEs
The inaugural flight took off on December 16, marking SalamAir’s entry into Abha, the gateway to Saudi Arabia’s Asir region.

SalamAir launches Muscat–Abha route
Opinion
Rumaitha Al Busaidi
Rumaitha Al Busaidi Stone, craft, and the new luxury logic
Ahmed al Mukhaini
Ahmed al Mukhaini Anti-Semitism, Palestine, and the burden of misnaming
Sonia Ambrosio
Sonia Ambrosio Apathy has become a widespread disease
Markets

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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

Elon Musk’s SpaceX is valued at $800 billion

Banking

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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

Maal: Oman has its own national payment card

Pilot launch of Maal card on Nov 20, CBO announces fee structure

Energy

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Fitch upgrades EDO to investment-grade BBB-

EDF-led consortium wins 120 MW JBB wind power project in Oman

Fitch upgrades Omani energy entities EDO and OQ to investment-grade ‘BBB-’

Oman unveils RO 11.1 bn water investment plan

Hydrogen project set for commissioning by Q4 2026

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
OQ launches 9 Ladayn plastics projects worth RO 40 million

SUHAR, DEC 17 OQ Group celebrated the inauguration of nine new factories under the Ladayn Plastics Industries Programme at Suhar Industrial City, under the auspices of Shaikh Dr Ali bin Masoud al Sunaidy, Chairman of the...

The nine projects focus on an array of plastics- and polymer-based packaging solutions and applications.

Oman’s Rakiza Fund raises $1 billion in global capital

Oman-India CEPA to boost business opportunities

Startup reshapes sustainable construction in Oman
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 "Revival of Earthen Architecture” initiative focuses on reintroducing clay using modern engineering methods that aim to improve performance while maintaining its cultural and environmental value.

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

RO 100 million tourism boost across Oman

A look at this year's Best UN Tourism Villages

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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