PPP model proposed for renal dialysis services in Oman
The Public Authority for Privatisation and Partnership (PAPP), set up by Royal Decree last July to spur, among other things, private investment in strategic projects under the...
Oman’s mega petrochem project nearing start-up
Key milestone: OQ announces successful test runs at project’s midstream NGL facility in Fahud MUSCAT: Liwa Plastics, the Sultanate’s flagship petrochemicals project nearing completion at Sohar...
Omani Port Community System to be developed as PPP project
Muscat: The development and operation of a National Ports Community System in Oman – an initiative to strengthen the Sultanate’s credentials as a logistics-enabled economy – will now be pursued...
PDO, other producers set to cut Oman’s oil output by 201,000 bpd
Muscat: Leading oil producers in the Sultanate are preparing to slash output during May and June 2020 in line with a pledge by the OPEC+ alliance, which includes Oman as a signatory, to cut global...
Historic OPEC+ pact: The planned production cuts come as Oman’s crude benchmark – the Oman Crude Futures Contract (OQD) – plummeted to a new low of $16.82 per barrel in trading on the Dubai...
Logistics-enabled economy: Public Authority for Privatisation and Partnership (PAPP) seeks consultant to provide Transaction Advisory Services for development of Port Community System MUSCAT: The...
COVID-19: PDO to produce 100,000 litres of sanitiser
Muscat: Having undertaken the in-house production of over 20,000 litres of sanitizer for free distribution across its vast concession, Petroleum Development Oman (PDO) – the nation’s biggest oil...
Experts laud GCC’s policy responses to COVID-19, but moot further actions
Muscat: An article by economists of the World Bank has commended the policy responses of the member states of the Gulf Cooperation Council (GCC) to the novel coronavirus (COVID-19), but underlines the...
Salalah Free Zone to launch 10 new projects in 2020
Salalah Free Zone (SFZ) – the Sultanate’s first free zone development -- plans to bring into operation 10 new factories and industrial ventures before the end of this year, further strengthening...
Omani startups take part in global COVID-19 contest
Muscat: Around 24 Omani tech startups are participating in a global competition that will see five of the world’s top teams collecting attractive cash prizes, as well as accolades for formulating...
Solar PV for first 1000 homes in Oman
Muscat: The process of rolling out small-scale PV systems on the rooftops of residential buildings in the Sultanate has now entered a key phase in its execution, according to the Authority for...
Makers Oman begins mass production of Covid-19 safety devices
Makers Oman – the Sultanate’s newest hub for Omani-driven science and technology innovations – has commenced production of a range of locally engineered items designed to strengthen the...
Sohar Port East project to create 100 ha of new land
Sohar Port and Free Zone (SOHAR) is embarking on the implementation of its ‘Sohar East Development’ project – the second of three reclamation initiatives that will add new land for industrial...
No layoffs yet of Omani manpower in oilfield sector
Muscat: Timely interventions by the Ministry of Manpower have so far helped stave off mass redundancies in Oman’s oilfield industry, which is bracing for sizable spending cutbacks in the wake of a...
12,000 ‘Made in Oman’ face visors for Covid-19 control
Intaj-Suhar, the first of its kind ‘dies and moulds’ project operating under the auspices of Sohar University, is preparing to ramp up production of face visors for distribution to first...
OTF commits funding support to 3 new Omani online start-ups
The Oman Technology Fund (OTF), the Sultanate’s leading venture capital investment fund, has announced funding support for three Omani new startups that will help strengthen the virtual marketplace...
Should coverage against natural catastrophes be made mandatory in Oman?
Murtadha M J Ibrahim al Jamalani, Chairman – OCCI’s Finance & Insurance Sector Committee, highlights the indispensability of a strong insurance industry for a country increasingly buffeted by...
New gas production, diversification to buoy Omani economy
An anticipated contraction in the Omani economy in 2020, attributable to the oil price downturn and the public health response to the novel coronavirus (COVID-19) pandemic, is expected to give way to...
BP to support 3D printing of 4,000 face shields
BP Oman, which operates the prolific Khazzan and Ghazeer gas fields in Block 61, says it is partnering with an Omani SME in the production of 4,000 face shields for distribution to healthcare...