Business - oman observer

Friday, December 19, 2025 | Jumada al-akhirah 27, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
The 400 MW production line integrates the most advanced technologies for assembling TOPCon and HJT modules: Ecoprogetti
Omani solar PV module project expanded

Oman-based American Advanced Clean Energy (AACE) has expanded the capacity of its solar photovoltaic (PV) module manufacturing plant in Salalah Free Zone, targeting the lucrative US market by leveraging the Sultanate’s Free Trade Agreement (FTA) with the United States.The expansion follows the installation of a new fully automated 400 MW PV module production line,...
The 400 MW production line integrates the most advanced technologies for assembling TOPCon and HJT modules: Ecoprogetti

Omani solar PV module project expanded
Since launch, the fund has assessed 828 proposals and approved 141 projects valued at around $3.4 billion, spanning nine major strategic investments.

Future Fund Oman backs $1.2 bn to projects
The Salalah Independent Water and Power Plant (IWPP), one of the largest and most energy-efficient facilities in Dhofar Governorate.

Sembcorp powers Oman with over 1.1 GW of energy assets
The dollar index, which tracks the greenback against a basket of major currencies, was little changed at 98.39 after rising 0.2% in the previous session. — Reuters

Dollar firm ahead of central bank decisions
Analysts at ING said further restrictions on Russian oil could pose a greater supply risk to markets than the proposed Venezuelan blockade. — Reuters

Oil prices rise on possible US sanctions, Venezuela
Spot gold slipped 0.2% to $4,333.12 an ounce by 0652 GMT after rising more than 1% late on Wednesday.— Reuters

Gold steady ahead of key US inflation data
Many Chinese brands leverage lower prices to appeal to cost-conscious Western consumers. — Reuters

Chinese brands expand in US market despite tariffs
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Oman, India sign CEPA: Highlights
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Oman-India Business Forum reviews investment opportunities in Oman
The nine projects focus on an array of plastics- and polymer-based packaging solutions and applications.

OQ launches 9 Ladayn plastics projects worth RO 40 million
Muneer Ali al Muneeri, CEO of Rakiza Fund

Oman’s Rakiza Fund raises $1 billion in global capital
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Oman-India CEPA to boost business opportunities
Mohamed Alderiy, Founder of EnviBrick, highlights how material science and local innovation can directly support Oman’s sustainability and energy-efficiency goals.

Startup reshapes sustainable construction in Oman
Tamakkun Programme empowers Omani youth and SMEs, driving innovation and growth in line with Oman Vision 2040.

Tamakkun Programme empowers Omani youth and SMEs
The inaugural flight took off on December 16, marking SalamAir’s entry into Abha, the gateway to Saudi Arabia’s Asir region.

SalamAir launches Muscat–Abha route
Trending Stories
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HM, Indian PM hail signing of CEPA

His Majesty Sultan Haitham bin Tarik with Narendra Modi at Al Barakah Palace on Thursday.

Economic partnership pact a milestone in bilateral ties

Sifah Ultra Marathon debuts on Friday

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'India assures joint actions'

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HM confers Order of Oman upon Indian Premier

By 2100, only one in five glaciers, or 43,852, would have survived in a 2.7C world.

Melting soon: Thousands of glaciers

Marie Lou Papazian, CEO, TUMO

AI-driven learning plan wins WISE prize

A total of 62 swimmers representing five clubs took part, competing across six races. — Faisal al Balushi

Muscat emerge champions of short course swimming

BUSINESS VIDEOS
Economy
Since launch, the fund has assessed 828 proposals and approved 141 projects valued at around $3.4 billion, spanning nine major strategic investments.

Future Fund Oman backs $1.2 bn to projects

MUSCAT, DEC 18Future Fund Oman announced record activity in 2025, approving 141 projects this year and lifting total commitments to $1.2 billion as the fund accelerates Oman's economic diversification agenda. Established by the Oman Investment...

Spot gold slipped 0.2% to $4,333.12 an ounce by 0652 GMT after rising more than 1% late on Wednesday.— Reuters
Gold steady ahead of key US inflation data
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Oman, India sign CEPA: Highlights
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Oman-India Business Forum reviews investment opportunities in Oman
The nine projects focus on an array of plastics- and polymer-based packaging solutions and applications.

OQ launches 9 Ladayn plastics projects worth RO 40 million
Muneer Ali al Muneeri, CEO of Rakiza Fund

Oman’s Rakiza Fund raises $1 billion in global capital
Opinion
Bregje van Baaren
Bregje van Baaren The strength of two Omani women: From endurance to choice
Mohammed Anwar Al Balushi
Mohammed Anwar Al Balushi Was Gandhi a capitalist or a socialist? Rethinking
Rumaitha Al Busaidi
Rumaitha Al Busaidi Stone, craft, and the new luxury logic
Markets

Many Chinese brands leverage lower prices to appeal to cost-conscious Western consumers. — Reuters

Chinese brands expand in US market despite tariffs

Ooredoo Oman confirms restructuring of non-senior leadership roles

China nears first investment decline in 3 decades

MSX records full ESG compliance

Gold near record levels

Banking

The dollar index, which tracks the greenback against a basket of major currencies, was little changed at 98.39 after rising 0.2% in the previous session. — Reuters

Dollar firm ahead of central bank decisions

Central Bank of Oman rolls out partial payment cheque system

How to use the Omani Rial symbol

Apple Pay, Samsung Pay, mobile transfers: How customers make payments in Oman

Maal: Oman has its own national payment card

Energy

The 400 MW production line integrates the most advanced technologies for assembling TOPCon and HJT modules: Ecoprogetti

Omani solar PV module project expanded

Sembcorp powers Oman with over 1.1 GW of energy assets

Oil prices rise on possible US sanctions, Venezuela

Fitch upgrades EDO to investment-grade BBB-

EDF-led consortium wins 120 MW JBB wind power project in Oman

Aviation
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Working aggressively to attract foreign airlines: Oman Airports CEO

Muscat: Oman Airports said that it is aggressively working on strategies to attract more foreign airlines to start operations in the Sultanate.Speaking to the Observer,  Eng Ahmed al Amri, CEO of...
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Oman Air to meet transformation target for 2025: CCO

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Fewer than 100 A320s still grounded for fix: Airbus

/FW1FP/Lincoln Feast

Airbus narrows software crisis as airlines ride out A320 recall

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Updates done on all A320 aircraft registered in Oman: CAA

ENTREPRENEURS
Omani solar PV module project expanded

Oman-based American Advanced Clean Energy (AACE) has expanded the capacity of its solar photovoltaic (PV) module manufacturing plant in Salalah Free Zone, targeting the lucrative US market by leveraging the Sultanate’s...

The 400 MW production line integrates the most advanced technologies for assembling TOPCon and HJT modules: Ecoprogetti

Future Fund Oman backs $1.2 bn to projects

Sembcorp powers Oman with over 1.1 GW of energy assets

Oil prices rise on possible US sanctions, Venezuela
Property
Capture
New OCCI headquarters to come up in Madinat al Irfan
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How long-term visas are reshaping Gulf real estate
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15 firms begin French Architecture Tour 2025 in Muscat
Tourism

The "Revival of Earthen Architecture” initiative focuses on reintroducing clay using modern engineering methods that aim to improve performance while maintaining its cultural and environmental value.

Earthen architecture for greener construction

Tourism and heritage drive Oman's non-oil growth

Mövenpick celebrates 10 years of kilo of kindness

Oman hosts workshop to boost European tourism

TOURISE announces $113 billion in portfolio investments

RO 100 million tourism boost across Oman

A look at this year's Best UN Tourism Villages

Cars

SINOTRUK hosts successful 2025 Global Partner Conference

Tesla reveals cheaper versions of its cars

Jaguar faces a prolonged shutdown after a cyberattack

China is sending its world-beating auto industry into a tailspin

German carmakers, hit by Chinese rivals, stage a comeback

Ford recalls 1.9 million vehicles over faulty rear-view camera

Tesla taps Samsung for AI6 Chips in $16.5 billion deal

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