author - oman observer

Spurred by a wave of innovation sweeping across the Sultanate in the wake of the COVID-19 pandemic, a Suhar based Omani engineering firm has come up with a home-grown version of a ‘Sterilisation...

Saudi Arabia’s recent decision to triple its to 15 per cent has impacts for Omani firms currently trading in goods and services, or undertaking projects in that country, according to a Muscat-based...

Muscat: Petroleum Development Oman (PDO), the Sultanate’s leading oil and gas producer, has vowed to stay the course in the pursuit of its ambitious renewable energy objectives, notwithstanding the...

Health insurance providers in the Sultanate are bracing for government guidelines potentially obliging them to pick up the tab for the treatment of their policyholders hospitalised for Covid-19. From...

Vale Oman, the Omani-Brazilian joint venture that owns and operates a mega iron ore pelletising complex and distribution hub at Sohar Port, says it has produced its own in-house version of a hand...

Muscat: Port of Salalah anticipates limited impacts to its mainstay transshipment business on account of the global COVID-19 pandemic, but foresees a roughly 20 per cent slump in local import and...

An integrated pharmaceuticals complex currently under construction in Salalah Free Zone (SFZ) has the potential to evolve into the first value-added services (VAS) hub for the regional pharmaceutical...

Oman Aviation Group, the flagship of the Sultanate’s aviation sector, has announced sizable savings in its planned investment and operational expenditures for 2020. It comes on the back of sweeping...

Several thousand Filipino expatriate workers either furloughed or let go by their employers since the start of the COVID-19 pandemic in late March are being offered “relief supplies” courtesy of a...

Muscat: The Sultanate’s nominal Gross Domestic Product (GDP) declined four per cent in 2019, the Central Bank of Oman (CBO) revealed here on Monday, citing preliminary national accounts data. This...

Muscat: The Omani government has ratified Swedish energy firm Tethys Oil’s farm-in into Block 56, an onshore concession located in the southeastern part of the Sultanate. The...

Two Omani brothers have repurposed their small 3D printing workshop in Muscat into a veritable production powerhouse for COVID-19 protective wear, which is currently churning out hundreds of face...

The Industrial Innovation Center (IIC) – the Sultanate’s preeminent hub for industrial R&D – has embarked on a programme to help young Omani entrepreneurs explore and develop business...

The large amounts of medical waste generated by hospitals in the Sultanate, including bio-hazardous refuse associated with the treatment of novel coronavirus patients, are either incinerated or...

Muscat: With global crude storage capacity overwhelmed by an unprecedented glut in supply, the wisdom of leaving crude oil in the ground for now – as part of a global production cut by Oman and...

Lower profits: Burgeoning economic downturn, coupled with pandemic mitigation restrictions, dent revenues MUSCAT: The Sultanate’s three principal fuel marketing companies reported a dramatic...

Indian conglomerate Jindal Steel and Power Limited (JSPL) is weighing a strategic stake sale in its wholly-owned integrated steel complex, Jindal Shadeed Iron & Steel (JSIS), located within Sohar Port...

Rising concerns: ‘Hundreds’ notified of potential layoffs, says head of Oil and Gas Sector Labour Union MUSCAT: The Oil and Gas Sector Labour Union (OGSLU) has warned oilfield contractors against...

Domestic boost: Anti-dumping measures came into force in earnest in the first of March this year, but have since been ramped up in conjunction with COVID-19 mitigation efforts MUSCAT: Cement dumping...

Major milestone: State-owned Nama Holding acquires 25-year-old Manah power plant following expiry of Power Purchase Agreement MUSCAT: Ownership of Manah Power – the first privately procured...