author - oman observer

MUSCAT: The Ministry of Housing and Urban Planning announced through its electronic platform ‘Tatweer’ the offering of two investment opportunities for the National Initiative for Integrated...

MUSCAT: Jasem Mohammed al Budaiwi, Secretary-General of the Gulf Cooperation Council, praised the sincere efforts and tireless work made by the Sultanate of Oman to strengthen the path of the...

MUSCAT: An Oman-based developer of innovative carbon mineralisation technologies, and Aircapture, a leading Direct Air Capture technology company, have joined forces on a Direct Air Capture (DAC) +...

Business ReporterMuscat: In a significant milestone reflecting its unwavering commitment to sustainability and the principles of the circular economy, the Omani Environmental Services Holding Company,...

MUSCAT: The subscription period for the initial public offering (IPO) of OQ Gas Networks SAOG (under transformation) – also known as OQGN – opens today, Tuesday, September 26, 2023.The offering...

MUSCAT: Representatives of leading international companies, investors and decision-makers are expected to attend the Duqm Economic Forum, organised by the Public Authority for Special Economic Zones...

MUSCAT: Birba, the Sultanate of Oman’s leading energy-focused event management specialist, launched ‘TechTalks’ – a platform for knowledge sharing – in collaboration with Oman Hydrogen...

BUSINESS REPORTER RIYADHContinuing its efforts to unlock the potential of the green hydrogen sector in Oman, Hydrogen Oman (Hydrom) conducted an in-person session in Riyadh on September 6, 2023. The...

MUSCAT: According to the EY MENA M&A Insights H1 2023 update, the MENA region witnessed a total of 318 merger and acquisition (M&A) deals amounting to $43.8b. The GCC region accounted for the majority...

Salalah,: The Oman Chamber of Commerce and Industry, represented by its Dhofar branch, launched the Omani Financial Manager Program yesterday in Salalah.The initiative, which aims to advance Omani...

BUSINESS REPORTERMUSCAT: Total outstanding credit extended by conventional banks and Islamic windows (collectively known as Other Depository Corporations – ODCs) in the Sultanate of Oman grew by 6.5...

Business ReporterMUSCAT: The Executive Committee of Oman's Green Hydrogen Summit for 2023, led by the Ministry of Energy and Minerals, announced the summit's dates, which will take place from December...

MUSCAT: Bank Muscat posted a net profit of RO 104.32 million for the Jan-June period of 2023, compared to RO 99.26 million reported during the same period in 2022, an increase of 5.1 per...

MUSCAT: Emirates Steel Arkan, one of the largest publicly traded steel and building materials manufacturers in the region, has signed a Memorandum of Understanding (MoU) with Oman’s leading steel...

MUSCAT: ENGIE, a global leader in low-carbon energy and services, together with POSCO, one of the world's largest steel producers, have announced their spearheading role in a consortium set to...

MUSCAT: The Gulf Cooperation Council (GCC) countries are expected to expand moderately this year, according to the latest Economic Insight report, commissioned by ICAEW and compiled by Oxford...

MUSCAT: The Sultanate of Oman represented by the Capital Market Authority (CMA) participated in the 48th annual meeting of the International Organization of Securities Commission (IOSCO) held in...

MUSCAT: The Omani French Friendship Association (OFA), in collaboration with Omantel Innovation Labs, organized a seminar on Wednesday showcasing French expertise in the development of a successful...

Oman Cement Company has approved the appointment of Zhu Yaping, a high-ranking executive of its majority shareholder Huaxin (Hong Kong) International Holdings, as the new CEO of the company with...

In line with its customer-centric vision and its ongoing plan to strengthen the bank’s Phygital (Physical + digital) network to better serve its customers, Bank Muscat, the leading financial...