author - oman observer

Feasibility study finalised by be’ah envisions the establishment of biogas plants at Sultan Qaboos University (SQU), the municipal landfill in Barka, and a complex belonging to the Omani Agriculture...

Ambitious strategy: The venture is part of a longer-term vision to develop Sohar Port into a global hub for green hydrogen, which can be harnessed to power heavy industries, including...

Landmark measures: Electricity, water tariffs to be increased gradually Oman’s government is weighing plans to tax the personal incomes of high net-worth individuals as part of a sweeping package...

Green initiatives: Qabas, the renewable energy arm of Shell Development Oman, is set to bring a 25MW solar PV based plant into operation at the port and freezone before the end of this year. Sohar...

Investor comfort: A statement issued by the Ministry of Finance late last week has sought to reassure local and international investors that an ambitious programme of PPP-based initiatives is on track...

Growing portfolio: Swedish upstream energy firm set to assume operatorship of 5,808 sq km licence in southeast Oman Ramping up its presence in Oman’s upstream energy sector, Swedish firm Tethys Oil...

Majority government-owned Oman Cement, the Sultanate’s first cement manufacturer, has initiated a series of steps to upgrade its flagship plant at Misfah in Muscat Governorate, as well as develop...

A Canadian investment firm spearheading the development of an ultra-low sulphur fuel oil refinery in the Sultanate says the project will be “one of a kind” in the world, based on cutting-edge...

Oman Banks Association (OBA) has exhorted lending institutions in the Sultanate to embrace some of the technological innovations that are currently redefining the global banking and financial services...

Muscat: The Sultanate, along with its peers in the Gulf Cooperation Council (GCC), have received warm praise from the head of the International Monetary Fund (IMF) for their policy actions in response...

Building on its efforts to promote solid waste recycling in support of the growth of a circular economy in the Sultanate, Oman Environmental Services Holding Company (be’ah) has trialled the launch...

After a significant contraction in 2020, the Sultanate’s economy is anticipated to make a positive recovery over the next two years, buoyed by an uptick in local consumption and the roll-out of...

MUSCAT: Commercial organisations in the Sultanate must be nimble enough to weather crises of the kind that have left many economic sectors severely impacted by the coronavirus pandemic and associated...

MUSCAT: A new Value Added Tax (VAT) that was promulgated by Royal Decree recently prescribes a range of penalties in the form of fines and prison terms for tax evaders and other offenses related to...

MUSCAT: A first-of-its-kind Unemployment Insurance Scheme, due to be launched next month on the Royal Directives of His Majesty Sultan Haitham bin Tarik, will help encourage Omanis to strongly...

MUSCAT: The Central Bank of Oman (CBO) is championing efforts to support the wide-scale adoption of electronic payment channels by private sector institutions and businesses in the Sultanate. The...

MUSCAT: The Oman government’s decision to roll out Value Added Tax (VAT) with effect from April 2021 will not only buoy the country’s constrained fiscals but perhaps just as importantly, it will...

MUSCAT: Businesses in the Sultanate that fall under the remit of the Value Added Tax (VAT) regime when it comes into force with effect from April 2021 will be required to get registered with the Tax...

MUSCAT: Oman’s decision to exempt a number of basic goods and services from the purview of Value Added Tax (VAT), slated to come into force with effect from April 2021, has been hailed as a...

MUSCAT: Petroleum Development Oman (PDO), the nation’s biggest oil and gas producer, has bolstered its cyber defence capabilities with the launch of a new Integrated Command Centre (ICC) designed to...