author - oman observer

MUSCAT: US-based foodtech startup MycoTechnology, which is partnering with Oman Investment Authority (OIA) in the establishment of a landmark mushroom-based protein project in the Sultanate of Oman,...

MUSCAT: Following an unprecedented dip in electricity consumption in 2020, attributable to the economic downturn prevailing at the time compounded further by the pandemic, power demand growth in the...

MUSCAT: A total of eight new industrial, economic, and investment zones were initiated for development at key locations across the Sultanate of Oman during 2023, underscoring a new thrust in the...

MUSCAT: Port of Salalah announced on Thursday the arrival of an initial batch of high-tech Ship-to-Shore (STS) cranes that, upon their installation and commissioning, will enable the handling of the...

MUSCAT: A longstanding plan for the establishment of a renewables-powered liquefied natural gas (LNG) project at the Port of Sohar on Oman’s North Al Batinah coast is set to go ahead with French...

MUSCAT: Khazaen Economic City, an integrated multipurpose hub located on Muscat’s doorstep, has already snagged over $1 billion in project investments as of end-2023 – a milestone that earned it...

MUSCAT: The Sultanate of Oman plans to harness an array of ‘Negative Emission Technologies’ to deal with an anticipated 8 per cent gap in its strategy to become a Net Zero economy by 2050.A robust...

MUSCAT: The Capital Market Authority (CMA), which regulates the insurance sector in the Sultanate of Oman, has shed new light on a special fund instituted by the Authority to support compensatory...

MUSCAT: Food security projects, affordable housing and emergency response programmes are among numerous “social expenditures” identified by the Omani government that are eligible for funding...

MUSCAT: A roundtable held against the backdrop of the World Economic Forum’s (WEF) annual meeting in Davos (Switzerland) spotlighted the role of three major Belgian companies in supporting the...

MUSCAT: A key study led by Omani scientists underscores the potential for the Sultanate of Oman to capitalise on the abundance of high-quality silica sand for cost-competitive thermal energy storage -...

MUSCAT: Oman’s recent endorsement of the establishment of the Islamic Corporation for the Development of the Private Sector (ICD) potentially open the way for a new source of Islamic finance for...

MUSCAT: A Spanish-based engineering firm has revealed that it has been contracted by an Omani client to supply a cement plant based on its innovative low-carbon cement technology.Madrid-headquartered...

MUSCAT: Prominent international energy consultancy firm Energoprojekt Entel has announced that it has been selected by the Gulf Cooperation Council Interconnection Authority (GCCIA) to provide...

MUSCAT: Projects ranging from rail electrification and energy storage systems to offshore wind farms and waste-to-energy schemes are among dozens of initiatives that will qualify for green finance...

MUSCAT: Renewable capacity expansion in the Middle East and North Africa (MENA) is projected to grow three-fold over the next five years (2023 – 2028), with the Sultanate of Oman ranked among the...

MUSCAT: A new law is currently being drafted that will pave the way for the privatization of the solid waste sector in the Sultanate of Oman.The proposed Law on the Management, Organisation and...

MUSCAT, JAN 10Oman’s Ministry of Finance (MoF) has unveiled a new framework to help support the funding of projects and initiatives at the heart of the country’s energy transition and climate...

MUSCAT: Oman National Investments Development Company SAOC (Tanmia), one of the largest investment funds of the Sultanate of Oman, has announced a partnership with German-based international hotel...

Muscat: Preliminary results for fiscal 2023 show the Sultanate of Oman on track to turning around a budgeted deficit of RO 1.3 billion into a surplus of RO 931 million for the year – only the second...