author - oman observer

MUSCAT, NOV 19Oman’s economy is on a steady growth trajectory, supported by robust reforms under Oman Vision 2040, according to the International Monetary Fund (IMF). In its End-of-Mission press...

Oman’s economy is on a steady growth trajectory, supported by robust reforms under Oman Vision 2040, according to the International Monetary Fund (IMF). In its End-of-Mission press release following...

MUSCAT, NOV 18The Ministry of Commerce, Industry & Investment Promotion has launched the Aluminium Initiative in Suhar, located in the North Al Batinah Governorate. This ambitious project represents a...

MUSCAT, NOV 13Petroleum Development Oman (PDO), Oman’s leading hydrocarbons producer, has announced a milestone in its drilling operations, achieved through a first-of-its-kind collaboration with...

MUSCAT, NOV 12The Sultanate of Oman has posted the lowest inflation rate in the Gulf Cooperation Council (GCC) region, with a year-on-year increase of just 0.4% in September 2024, down from 1.1% in...

MUSCAT, NOV 11Omani oilfield services company, Hema Energy, in a move set to strengthen Oman’s energy manufacturing capabilities, has entered into a significant agreement with China’s Shengji...

MUSCAT: The Ministry of Awqaf and Religious Affairs (MoARA), the Sultan Qaboos Higher Centre for Culture and Science, and Bank Nizwa has launched the Ishraq Waqf Investment Fund last week, a move to...

MUSCAT, NOV 5Sohar Cement Factory, part of Oman’s Raysut Cement Group, has achieved major advancements in production capacity, energy efficiency and sustainability, positioning it as a key player in...

MUSCAT: The Sultanate of Oman will host the largest-ever assembly of sovereign wealth funds (SWFs) as Muscat becomes the focal point of the global investment community from November 3 to 6. This...

MUSCAT, OCT 29Vale Oman is embarking on a major new chapter with a $600 million iron ore concentration plant at SOHAR Port and Freezone, developed in partnership with China’s Jinnan Iron & Steel...

MUSCAT: Vale, a Brazilian leader in iron ore production, is setting the stage to establish Oman as a global hub for sustainable steel production with a $600 million iron ore concentration plant at...

MUSCAT, OCT 27The Sultanate of Oman is undergoing a transformative phase in its construction industry with the development of the Oman Building Code (OBC). The comprehensive set of regulations,...

An investment opportunity in shore power infrastructure has been unveiled by SOHAR Port and Freezone in a move to reduce emissions and enhance sustainability in maritime operations. Companies wishing...

MUSCAT, OCT 20As the world intensifies efforts to decarbonise, ports are increasingly crucial in developing clean energy trade corridors. These commercial hubs are transforming from traditional...

MUSCAT, OCT 13Have you seen advertisements for companies selling or auctioning International Renewable Energy Certificates (I-RECs)? What exactly are these certificates, and how can they help...

MUSCAT, OCT 1The study for the establishment of the Duqm Petrochemical Complex in Oman, near the Duqm Refinery, is expected to be completed next year. This significant project is a collaboration...

MUSCAT, SEPT 30GS Inima Barka V Desalination Co SAOC, the developer of the recently completed Barka V desalination plant, is preparing for an initial public offering (IPO) that will see 40% of the...

MUSCAT: Oman’s leading solar PV and renewable energy company, Nafath Renewable Energy LLC, and US-based leader in sustainable energy technologies, FuelCell Energy Inc, have signed a collaboration...

MUSCAT: Petroleum Development Oman (PDO), the biggest producer of hydrocarbons in the Sultanate of Oman, continues to play a pivotal role in the nation's economic growth through its robust local...

MUSCAT: SOHAR Port and Freezone is seeking experienced investors for an upcoming petrochemical bunkering terminal project, reflecting its continued commitment to expanding Oman’s role in the global...