morearticles - oman observer

Monday, May 25, 2026 | Dhu al-hijjah 7, 1447 H
clear sky
weather
OMAN
22°C / 22°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Business

RO 45.4 million finances 521 SME projects

The Authority launched 10 financing programmes covering a broad range of sectors and needs.

Oman’s OETC to invest RO 376 million in battery energy storage projects

‘OETC views BESS as a strategic project that should support renewables penetration and enhance system reliability.’

KOM draws RO 8.5 million in new projects

Cumulative investment in the oasis reached approximately RO 276.88 million by the end of 2025.

Nama Water expands treated water reuse drive

Manhal Nama beneficiaries increased by 36 per cent by end of 2025.

MSX turnover surges to RO 3.5 billion

Activity was further underpinned by dividend distributions and the announcement of new projects across several firms.

IoT subscriptions rise 14% in Oman

Postpaid mobile subscriptions grew by 4 per cent to 1,287,418.

Strait of Hormuz is open, but traffic across waterway is scant

No Image

Oman expands solar use in water desalination

The solar PV facility will supply up to 11 per cent of the Barka 5 desalination plant’s energy needs

Oil plunges, stocks jump as Iran declares Hormuz open

Traders work on the floor of the New York Stock Exchange at the opening bell in New York. — AFP

London insurers launch $1 bn war cover for Hormuz shipping

Hormuz shipping

2026–2030 plan to boost Oman’s economic zones

No Image

Oman, Botswana launch 500 mw solar power plant

The ceremony was attended by President Duma Gideon Boko of Botswana, Abdulsalam bin Mohammed al Murshidi, Chairman of OIA

Targeted SME finance drives Oman’s supply chain opportunity

Oman’s three major ports sit at the intersection of trade routes connecting Asia, the GCC, Africa, and Europe.

Online scam exposure remains widespread in ME: Survey

36% of respondents in the region reported encountering an online scam or attempted scam within the past 12 months

Wall St futures firm on Mideast hopes

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, REUTERS.
MOST READ
No Image
Eid al Adha holidays announced in Oman MoL urges employers to advance payment of May salary HM issues three Royal Decrees Sharjah waives toll fees for trucks from Oman
podcast
FOLLOW US
READ THE EPAPER
Newspaper
arrow up
home icon