author - oman observer

The Sultanate of Oman uses a prudent tax structure that promotes economic expansion while raising revenues for the state. Oman does not currently impose personal income tax on its citizens or...

MUSCAT, MAY 9Barka Water and Power Company SAOG (BWPC), the owner and operator of the Barka 1 Independent Water & Power Project (IWPP) in Oman, has secured a significant new agreement to provide the...

MUSCAT, MAY 8Abdulsalam bin Mohammed al Murshidi, President of Oman Investment Authority (OIA), emphasised Oman's pioneering role in clean energy development, stressing in particular the country’s...

MUSCAT: Nama Power and Water Procurement Company (Nama PWP) has secured Oman's energy and water future by signing renewed purchase agreements with four key power and desalination plants.The signing...

MUSCAT, MAY 7In cheery news for Oman's eco-conscious entrepreneurs, the leading business accelerator programme, Eco-Innovate Oman (EIO), is now back for its third edition. Launched in 2020 by be'ah,...

MUSCAT: Around 200 international companies had registered to participate in the land auction process overseen by Hydrom – the orchestrator of Oman’s green hydrogen industry – underscoring the...

MUSCAT: French multinational utility EDF has described the award of a land block for a green hydrogen project in the Sultanate of Oman as a “game-changer” for the energy company.“This project is...

MUSCAT: The Ministry of Transport, Communications and Information Technology (MTCIT), in partnership with the Arab Research Bureau, unveiled details of the COMEX Technology Exhibition 2024, which will...

MUSCAT: The Sultanate of Oman has been actively implementing projects and initiatives to enhance economic sustainability, said Dr Said Mohammed al Saqri, Ministry of Economy.Speaking at the opening of...

MUSCAT, APRIL 29Having clinched a further two green hydrogen project signings – taking the total to eight to date, the Sultanate of Oman is now focused on attracting downstream investments that will...

MUSCAT: In a move that promises to boost Oman’s residential sector and urban development, the Ministry of Housing and Urban Planning (MoHUP) unveiled a significant investment package valued at...

MUSCAT: Under the patronage of Abdulsalam al Murshidi, President of the Oman Investment Authority (OIA), the 19th edition of the Muscat Real Estate Conference and Oman Build & Design Week commenced on...

MUSCAT: Strengthening interconnectivity between Oman and the GCC grid is enabling seamless electricity trades – imports and exports – aimed at helping GCC member states address any domestic power...

MUSCAT, APRIL 24Speaking at the Oman Petroleum & Energy Show (OPES) on Tuesday, Dr Anwar al Kharusi, OQ Vice-President of Business Development, shed light on the future of the global energy mix.He...

MUSCAT, APRIL 24In a significant boost to its portfolio and a strategic move towards diversification, Oman's Galfar Engineering & Contracting SAOG (Galfar) announced a joint venture contract with...

Muscat: The Sultanate of Oman-based Galfar Engineering & Contracting SAOG (Galfar) has announced that it bagged a joint venture contract with RO 521 million (approximately $1.4 billion).In a filing to...

MUSCAT, APRIL 23International oil services giant SLB (rebranded from Schlumberger) is leveraging its formidable expertise to support energy companies in the region achieve their decarbonisation...

MUSCAT, APRIL 21In a disclosure filed with the Muscat Stock Exchange (MSX) on Sunday, Oman Flour Mills Company (OFM), a leading Omani food producer known for its "Dahabi" brand flour and "Barakat"...

MUSCAT: The foundation stone for the first green hydrogen station in the Sultanate of Oman will be laid later this month against the backdrop of the Oman Sustainability Week 2024 (OSW), which takes...

MUSCAT, APRIL 16The Omani banking sector is off to a positive start in 2024, according to a report by Vision Capital detailing a rise in key financial metrics across the sector for the first...