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Saturday, December 21, 2024 | Jumada al-akhirah 19, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Oman andTürkiye strengthen economic ties

MUSCAT: On December 19, 2024, Muscat hosted the 12th session of the Omani-Turkish Joint Committee, focusing on enhancing economic and investment cooperation between the two nations. The Omani delegation was led by Qais...

The Omani delegation was led by Qais bin Mohammed al Yousef, Minister of Commerce, Industry, and Investment Promotion, while the Turkish side was headed by Mehmet Şimşek, Minister of Treasury and Finance.

Global trade needs a China alternative. India needs better ports

A cargo train leaves the Jawaharlal Nehru Port, just south of Mumbai, on the west coast of India, May 31, 2024. (Elke Scholiers/The New York Times)

Oman-backed fund invests in Spanish digital acceleration firm

Making Science Group has a presence in over 15 countries globally

Dhofar Annual Forum promotes strategic integration across economic sectors

Dignitaries at the opening of the 2nd Dhofar Annual Forum

Investment surge at Raysut Industrial City in H1 2024

Hamed Ali Bait Saeed, Director of the Investor Services Department, Raysut Industrial City

Oman's Q2-2024 sees 3% boost in oil revenue

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Oman set to enhance local content

The National Office for Local Content will develop national policies and strategies related to local content in collaboration with relevant stakeholders

Oman’s AI Economies initiative gets RO 15 million funding boost

In 2024, 11 projects were approved within the AI Economies initiative with a budget of RO 10 million.

Oman Flour Mills explores shared farming prospects in Australia

Wholly owned subsidiary OMAUS Pty has been tasked with studying shared farming opportunities in Australia.

Manufacturing among top performing sectors under the five-year plan

The Ministry of Economy indicated that the sector recorded a real growth of 9.2% compared to a decline of 2.2% during Q1 2023.

Nizwa Industrial City pulls in RO 474 million worth of investments

Madayn has completed several vital projects during the first half of 2024, with a focus on sectors such as food production, construction materials, glass, wood, and steel.

Omantel unveils new data center in Dhofar

The new data centre will be interconnected with over 10 new submarine cables connecting Salalah to Asia and Europe, along with three relay centers to provide efficient network support services (Picture for illustration only).

Oman issues around 2,800 e-commerce licenses in H1, 2024

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Robots are on a mission: Install solar panels

Heiko Billen installs a solar panel at his house in Düsseldorf, Germany

Ministry of Labour achieves 54% of 2024 employment goals

Oman’s employment initiatives create over 14,000 job opportunities across various sectors, contributing to economic growth and national workforce development.

Norwegian oil investments to hit record high

A general view of the oil refinery in Mongstad— Reuters
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