author - oman observer

MUSCAT: Oman has secured its position as the leading country in the Middle East and North Africa (MENA) region in terms of prospective solar farm capacity, according to the latest data released by the...

Muscat: In a recent mid-year assessment conducted by Numbeo, Oman has emerged as the top-ranked country in Asia for quality of life, securing the 7th position globally. The Quality of Life Index...

MUSCAT: In a recent mid-year assessment conducted by Numbeo, Oman has emerged as the top-ranked country in Asia for quality of life, securing the 7th position globally. The Quality of Life Index...

MUSCAT: In a strategic move aimed at promoting growth, improving credit ratings, and driving profitability, the Oman Investment Authority (OIA) — the integrated sovereign wealth fund of the...

MUSCAT, AUG 22Oman's hotel industry has demonstrated significant resilience and recovery as it records an impressive 27.8% increase in total revenues until July 2023 compared to the same period last...

MUSCAT, AUG 21The Sultanate of Oman’s total oil production (including condensates) until July 2023 reached 223.544 million barrels. This represents a slight increase of 0.2% from 223.176 million...

MUSCAT: In a recent report released by the World Resources Institute (WRI), the Sultanate of Oman has been identified as one of the world's top five most water-stressed countries. However, amidst the...

MUSCAT: In the highly competitive world of sovereign wealth funds (SWFs), the Oman Investment Authority (OIA) has emerged as the top performer in 2022, reporting a remarkable return of 8.8% on its...

MUSCAT, AUG 16In a significant development for the renewable energy sector, Shigeru Yamamoto, the Deputy General Manager of the Hydrogen Strategy Division at Kawasaki, has highlighted Oman's immense...

MUSCAT, AUG 15Oman Electricity Transmission Company (OETC) — a member of Nama Group — has celebrated a momentous achievement in its efforts to enhance the country’s electricity transmission...

MUSCAT, AUG 14Owners of green lodges, guest houses, and other hotel facilities licenced by Oman's Ministry of Heritage and Tourism are required to prominently display their tourism licence at their...

MUSCAT: Oman Electricity Transmission Company (OETC) — a part of Nama Group — is on the verge of completing the construction of 400kV overhead lines between Barik and Suwayhat grid stations, with...

MUSCAT: HSBC Oman, a subsidiary of HSBC Holdings, has reached a significant milestone in its merger with Sohar International. In an announcement via a regulatory filing yesterday and following...

MUSCAT: In a significant move towards bolstering economic cooperation, Al Tasnim Enterprises, a 100% Omani-owned company, has signed two Memorandums of Understanding (MoUs) with Jordan's Ministry of...

MUSCAT, AUG 9Bahwah Services and Trading LLC and Muscat Investment House, two prominent Omani companies, have joined forces with Singapore-based Blue Aqua International to embark on a groundbreaking...

MUSCAT, AUG 8Tethys Oil, a Swedish oil and gas exploration company, has released its second quarter 2023 results, showcasing not only the positive outcomes of the extended well test on the Al Jumd...

MUSCAT, AUG 8Nomad Capitalist, a renowned global consulting firm specialising in offshore banking, tax optimisation, and citizenship planning, has released its first Real Estate Yield Index, placing...

MUSCAT: In a major breakthrough for Oxy Oman, Vicki Hollub, President and CEO of Occidental Petroleum Corp (Oxy) announced the successful completion of a near-field exploration well in Oman's Block...

MUSCAT: The Sultanate of Oman has achieved an impressive milestone in global salary rankings. According to the renowned database Numbeo, Oman has secured the 27th position worldwide, signifying the...

Alara Resources, a leading international minerals exploration and development company, is inching closer to completing its state-of-the-art 1 million tonnes per annum (MTPA) copper concentrator plant...