Pacts signed for 6 major projects at Duqm SEZ
His Highness Sayyid Theyazin bin Haitham al Said, Minister of Culture, Sports and Youth, presided over the opening of the 1st Duqm Economic Forum at the Special Economic Zone at Duqm on Monday, October 16, 2023. More than 300 local and international figures, representing over 90 companies that are investors and stakeholders in the […]
Vale showcases its vision to pioneer green steel
Under the patronage of HH. Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth, Vale S.A., the world’s largest producer of iron ore and nickel and one of the largest logistics operators in Brazil, participated in the Duqm Economic Forum showcasing its ambitious plans to pioneer Oman’s green steel future. Rogeiro Nogueira, […]
Sohar International Bank to commence operations in Riyadh
Sohar International Bank, a leading Omani bank, has received a no objection letter from the Saudi Central Bank (SAMA) to commence operations in Riyadh, the Kingdom of Saudi Arabia. This is a significant milestone for the bank, as it marks its expansion into the largest GCC economy. Sohar International’s branch in Riyadh will offer a […]
BP, OPAZ sign MoU for green hydrogen
MuscatL BP and the Public Authority for Special Economic Zones and Free Zones (OPAZ) have signed a memorandum of understanding (MoU) for the potential allocation of land to develop green hydrogen derivatives within the Special Economic Zone at Duqm (SEZAD). This is linked to the project agreement signed by BP and Hydrom in June […]
