OQ sells 20% Abraj stake to Saudi-Omani Investment Co
MUSCAT: Oman’s integrated energy group OQ and its wholly-owned subsidiary Abraj Energy Services SAOC (Under transformation) signed an agreement with the Saudi Omani Investment Company (SOIC) under...
CMA to set up Virtual Assets Regulatory Framework
MUSCAT: The Capital Market Authority (CMA), which regulates and develops the Sultanate of Oman's financial markets for the capital market and insurance sectors, plans to establish a new proposed...
OQ’s Ammonia Plant inauguration today
His Highness Sayyid Marwan bin Turki al Said, Governor of Dhofar, will preside over the inauguration of OQ’s ammonia plant in Salalah on Sunday, January 15, 2023. The plant is one of OQ’s main...
Huawei Mate50 Pro launches in Oman
Huawei launched the latest member of its flagship Mate series — the Huawei Mate50 Pro — at a special event held at the Huawei Experience Store in Mall of Oman. This futuristic tech flagship...
Oman, Korea explore cooperation in green energy
The Korean Embassy and the H2KOREA (Hydrogen Convergence Alliance of Korea) cohosted the Korea-Oman Green Hydrogen Strategy Forum 2022 at the OCEC (Oman Convention and Exhibition Center) on December...
Green Hydrogen Summit 2022 begins tomorrow
The Green Hydrogen Summit 2022 Conference and Exhibition will start tomorrow, Monday, December 5, at the Oman Convention and Exhibition Centre and will last for three days.The summit will be attended...
Oman Cables races ahead toward sustainability targets
Muscat: Oman Cables Industry (OCI), Oman’s leading manufacturer of industrial cables, has reiterated its commitment to the Sultanate’s carbon neutrality vision and 2050 net-zero carbon plan....
Duqm to get first top-loading fuel station
To expand its fueling service offerings for local and regional customers, Oman Oil Marketing Company (OOMCO) has signed an agreement with Taif Altmayz for General Trading to build the first...
FDO participates in Oman Maritime Confex
Muscat - Fisheries Development Oman (FDO) is participating in Oman Maritime Confex, which opened on Monday and will continue until October 26.Oman Maritime Confex aims at enhancing Oman as a global...
Oman Airports signs an agreement with Vanderlande Industries
Muscat- Oman Airports has signed an agreement with Vanderlande Industries BV for the operation and maintenance of baggage handling and boarding bridge systems at Muscat International and Salalah...
European apples ripe for the Middle East market
Dubai - A new report by the French National Apple and Pear Association (ANPP) has revealed that Middle East consumers can look forward to sweeter French apples this year due to naturally occurring...
Sohar International raises RO160 million
Muscat - Sohar International has announced a fully subscribed rights issue of RO160 million. The funds raised will contribute to enhancing the bank’s capital base in order to meet the bank’s...
Oman’s first satellite set for orbit
CORNWALL: The first Omani satellite, Aman, was successfully prepared for its launch into the Low Earth Orbit, at Newquay, Cornwall, in the UK on Tuesday, October 4, 2022.Integrated into a launch...
Bank Muscat, Galfar pact for RO 39 million financing facility
MUSCAT: In line with its commitment to providing world-class banking services and facilities, Bank Muscat, the leading financial services provider in the Sultanate of Oman, and Galfar Engineering &...
Gulf Drilling gets API Q2, Edition 2, certification
Gulf Drilling LLC (GD), the Drilling arm of Mohammed Al Barwani Petroleum Services, has become the first oil and gas Service Company in Oman to receive the newly updated American Petroleum Institute...
Liquid fertilizer plant to come up in Sohar Freezone
Sohar Freezone has signed a land lease agreement with Integrated Solutions Plant and Land Services (FZC) LLC to establish a liquid fertilizer plant spread over a 15,000 sqm-plot.The project represents...
Huawei inaugurates mega Experience Store in Mall of Oman
Huawei Consumer Business Group (CBG) has opened its largest and third Experience Store in Muscat. The new store on level 3 of Mall of Oman is also one of the tech giant’s biggest experience stores...
Oman’s first rooftop solar PV I-REC registration announced
The growth of renewable energy in the Sultanate of Oman continues to rise year upon year with the addition of wind projects, small-scale solar projects, as well as large-scale (utility) projects....
Teller mobile application to make money transfers easier
An Oman-based company has launched a new app, Teller, which will assist people in the Sultanate of Oman to transfer funds from their account to any other bank account instantly with simplicity.Teller...
National strategy for renewables, green hydrogen finalised
A National Energy Plan setting out a strategy for the exploitation of renewable resources, with the specific accent on green hydrogen, has been completed, according to Abdulaziz bin Said al Shidhani...