author - oman observer

Oman’s pivotal financial sector, while having been spared any damaging cyber-attacks in recent years, continues to be a potential target for cyber-criminals, particularly as the country embraces...

MUSCAT: The long-standing practice of banks to bounce cheques due to insufficient funds in the drawer’s account – the principal reason behind the vast proportion of cheques returned in the...

MUSCAT: The Capital Market Authority (CMA) has formally launched a public consultation to elicit industry feedback on its intention to establish a new regulatory framework governing transactions...

Oman's leading steel products manufacturer Al Jazeera Steel has broken ground on a new rolling mill project in Abu Dhabi that is expected to play an important role in the supply of steel rails for the...

Climate change-related risks pose “significant concerns” to the financial system in the Sultanate of Oman, the Central Bank of Oman (CBO) has warned in a new report.The ‘Financial Stability...

Having snagged firm commitments to the tune of $30 billion in green hydrogen schemes, Oman’s authorities have formally commenced the task of putting in place the massive common-use infrastructure...

The Rural Areas Electricity Company (Tanweer), a vital source of power generation for rural towns located beyond the reach of the country’s two main grids, says it is exploring the use of Compressed...

ENGIE, a global leader in low carbon energy and services, says it envisions a sizable role for itself in both the upstream and downstream components of a mega green ammonia project planned for...

ENGIE, a global leader in low carbon energy and services, says it envisions a sizable role for itself in both the upstream and downstream components of a mega green ammonia project planned for...

MUSCAT: Nama Water Services (NWS), the state-owned integrated water and wastewater utility of the Sultanate of Oman, is deploying drone and satellite imaging technologies to address prodigious losses...

MUSCAT: With potentially thousands of Omanis set to benefit from monthly cash payouts from the newly instituted Social Protection Fund (SPF), the Central Bank of Oman (CBO) has directly licensed banks...

MUSCAT: The International Labour Organisation (ILO), a specialised agency, has applauded landmark measures enshrined in the new Social Protection Law enacted by the Omani government last week as...

MUSCAT: Oman Shell, wholly owned subsidiary of energy major Shell, is accelerating its exploration campaign to unlock the natural gas potential of its directly operated concessions, Block 10 and Block...

MUSCAT: IDO Investments, the venture capital arm of Oman Investment Authority (OIA), is among a number of international companies to have invested in Energy Dome, an Italian-based tech start-up behind...

MUSCAT, JULY 19A key component of the $1 billion North-South Interconnector Project (Rabt) designed to create a unified national electricity grid in the Sultanate of Oman, has been completed, Oman...

MUSCAT, JULY 18Energy major Shell sees the Sultanate of Oman to be ideally positioned to emerge as a producer and exporter of Synthetic LNG – a carbon-neutral alternative to natural gas with the...

MUSCAT, JULY 17In the lead-up to its commercial launch, tentatively scheduled around the turn of the year, new details have emerged that underscore the world-class stature of Oman’s Duqm Refinery...

MUSCAT, JULY 16The Telecommunications Regulatory Authority (TRA) has initiated a public consultation on its goal to develop a regulatory policy framework to support the growth of Smart Cities in the...

MUSCAT, JULY 15Executive regulations governing the operations of Market Makers and Liquidity Providers – an initiative designed to energize trading activity and create market depth – were...

Two Omani business enterprises have firmed up their partnership with Blue Aqua International, a leading Singapore-based global aquaculture technology provider, by investing in the city-state’s...