author - oman observer

The 4th Conference of the General Federation of Oman Workers (GFOW), an event held every four years to coincide with elections to select a new president and board of directors, began at the Oman...

Oman-based copper mining firm Al Hadeetha Resources LLC says it has obtained around $15 million in additional finance from its existing project finance lender Sohar International Bank – funds that...

The Sultanate of Oman is ranked among the Top 10 countries of the Middle East and North Africa (MENA) region that stand to benefit from strong investment inflows in 2023, buoyed by investment momentum...

The Oman Chamber of Commerce and Industry (OCCI) hosted on Monday the Omani-Lithuanian Business Forum, which was organised in partnership with the Embassy of the Sultanate of Oman in the United...

MUSCAT, APRIL 30The value of Omani imports and exports soared 33 per cent to reach a value of RO 44.9 billion at the end of 2022, up from RO 33.8 billion a year earlier, underscoring the healthy...

MUSCAT, APRIL 29The Omani economy is poised for a recovery, buoyed by massive projects, diversification of income sources, and optimal utilisation of financial resources, according to Dr Khalid bin...

MUSCAT: The Ministry of Transport, Communications, and Information Technology is rolling out a specialised IT training programme for Omani job seekers. Set to run from June 4 to November 23, 2023, the...

MUSCAT, APRIL 17The Authority for Small and Medium Enterprises Development has invited applications for 10 new licences for the opening of Sanad Services Centres in a number of governorates across the...

MUSCAT: The Ministry of Commerce, Industry and Investment Promotion has plans to establish a Manufacturing Innovation Centre alongside an initiative to harness clean energies of the future to...

The Oman Chamber of Commerce and Industry (OCCI) held its second annual Ramadhan event on Tuesday, April 11, on the theme, "Developing the Investment Environment in the Sultanate of Oman." It was held...

Muscat Stock Exchange (MSX) launched on Wednesday, April 12, the MSX Plus platform — an educational platform that aims to improve the skills and efficiency of workers in the securities sector,...

Local Omani lender Ahli Bank has turned down the non-binding merger offer made by Bank Dhofar on Tuesday.The decision, announced via a regulatory filing yesterday, came after a “careful...

Bank Dhofar, the second biggest lender in the Sultanate of Oman, has proposed a non-binding merger with Ahli Bank in a deal that if and when approved could create a powerful new financial player in...

The Sultanate of Oman’s trade (imports and exports) with the rest of the world has surged 41 per cent to RO 40.117 billion in value as of December 31, 2022, which includes total merchandise exports...

In a bid to bolster the small and medium-sized enterprises (SMEs) segment in the Sultanate of Oman, the Ministry of Labour has announced to fund a training initiative aimed at developing the country's...

MUSCAT: The Ministry of Energy and Minerals has invited bids for mining sites located within the Ayoun area in Dhofar Governorate. Omani companies with prior experience in mining sector projects are...

Oman Cement Company SAOG has confirmed the successful completion of a share purchase agreement between The Investment Authority Company SPC (representing the government’s stake in the cement...

MUSCAT, APRIL 4The Ministry of Commerce, Industry, and Investment Promotion yesterday unveiled new electronic services on the Invest Easy portal (www.business.gov.om) with the goal of expediting...

Oman’s new Maritime Law, promulgated recently by Royal Decree 19/2023, seeks to support the growth of a world-class shipping and maritime sector, while prioritizing the safety of navigation, sailors...

MUSCAT, APRIL 2Effective management of public debt is crucial in reducing the cost of servicing it and the resulting interest on the borrowing portfolio, which could save as much as RO 385 million...