author - oman observer

In a positive development for Oman's economy, the country witnessed a significant surge in foreign direct investment (FDI) inflows during the year 2022, reaching a commendable total of $3.72 billion....

MUSCAT: Oman's economic landscape has recently presented a mixed picture, with the country experiencing a decrease in currency issued but witnessing an expansion in money supply. According to a...

MUSCAT: The Sultanate of Oman is known for its rich cultural heritage and stunning landscapes. However, behind the scenes, a quiet transformation is taking place in the country’s culinary...

MUSCAT, JULY 18In a remarkable display of progress, Oman’s airports experienced substantial growth in passenger traffic and flight volume until the end of May 2023. In a preliminary statistics...

MUSCAT, JULY 17The Sultanate of Oman has emerged as a prominent player in the global liquefied natural gas (LNG) market, with a remarkable surge in exports and the expansion of trade partnerships....

MUSCAT, JULY 15In the recently released InterNations Expat Insider survey for 2023, the Sultanate of Oman has achieved an impressive ranking as one of the best countries for expatriates to live and...

MUSCAT: The Sultanate of Oman has achieved a significant milestone in global travel rankings. According to the latest Global Passport Power Rank 2023, Oman has claimed the 49th position worldwide,...

The Sultanate of Oman has a long history of being a seafaring nation and a trade hub, connecting Asia, Africa and Europe. Eng Said al Maawali, Oman’s Minister of Transport, Communications and...

MUSCAT, JULY 5The Sultanate of Oman’s energy industry continues to flourish, evidenced by the substantial number of productive fields and impressive figures in production and exports.Per a recently...

MUSCAT: The Sultanate of Oman has emerged as one of the most improved countries, with 16 places up to secure the 48th spot worldwide, according to Global Peace Index 2023 recently released by the...

Huaxin Cement, one of China's leading cement manufacturers, has made a significant move to expand its global presence with the acquisition of a majority stake in Oman Cement. The company announced on...

Oman’s Minister of Energy and Minerals, Eng Salim al Aufi, signed a concession agreement yesterday with Dr Nasser al Araimi, Chairman of Sindbad Mining Resources Co on the exploration and mining of...

MUSCAT: Prominent Omani oilfield services company RAY International Oil and Gas has successfully conducted the first TCP CT perforation in Yibal Khuff horizontal wells in Oman. The achievement marks a...

JOMAR MENDOZAMUSCAT, JUNE 24The Sultanate of Oman’s Q1 GDP at constant prices has reached RO 8.7 billion, according to recent data released by the National Centre for Statistics and Information. The...

The total number of passengers (arrival, departure and transit) that used the airports of the Sultanate of Oman reached 4,209,846 until April 2023. The figure represents a significant increase from...

The Sultanate of Oman’s Gross Domestic Product (GDP) at current prices increased by 7.4% at the end of Q1 2023, according to the preliminary data issued by National Centre for Statistics and...

The Sultanate of Oman will supply liquefied natural gas (LNG) to Bangladesh starting from 2026 under a new Sale and Purchase Agreement (SPA) to be signed on June 19, according to a report.Under the...

Fitch Ratings has revised the outlooks for three major Omani companies — Oman's OQ, Energy Development Oman SAOC (EDO) and Omantel — to BB/Positive. The revision of the outlooks for these...

China’s Unipec, the trading arm of top Asian refiner Sinopec, has emerged as a major seller of August-loading Oman crude this month, according to a new report. The move has helped cap benchmark...

MUSCAT, JUNE 11REX shipping service, operated by Asyad Line — a subsidiary of the Omani integrated logistics provider, Asyad Group — expands its service to include Jeddah Islamic Port, Saudi Ports...