• Loading stock data...

Oman Cement unveils initiatives to boost capacity

Oman Cement has outlined plans to raise the capacity and overall efficiency of its complex at Misfah in Muscat Governorate through a number of modernization and decarbonization initiatives.   Majority-owned by Hong Kong-based Huaxin International Holdings Limited through its wholly-owned subsidiary, the Mauritius-based Abra Holdings Limited, publicly-listed Oman Cement reported a net profit after tax […]

Visit Oman, Prioticket sign pact to digitise tourism

Following the first day of the World Travel Market London taking place from November 6 – 8, 2023 in London, the Sultanate of Oman’s B2B travel booking gateway Visit Oman announced the signing of a new partnership agreement with global connectivity platform Prioticket.   The signing ceremony was attended by Azzan al Busaidi, Oman’s Under-Secretary […]

Pilots prove efficacy of Omani carbon removal tech

Omani award-winning climate tech start-up 44.01 says a pair of pilot projects has validated the effectiveness of its pioneering carbon removal technology in permanently locking away planet-warming CO2 in peridotite rocks found in abundance in the Sultanate of Oman.   According to 44.01’s Chief Commercial Officer Karan Khimji, the technology – which earned a prestigious […]

Sohar Port launches Net Zero Alliance

Sohar Port and Freezone in collaboration with industrial tenants including OQ, Vale Oman Pelletizing Company, Sohar Aluminium Company, Jindal Shadeed Iron & Steel, Al Tamman Indsil Ferrochrome (FZC) LLC, Shinas Generating Company, Sohar International Urea & Chemical Industries, Al Batinah Power and Air Liquide Sohar Industrial Gases officially announced the formation of SOHAR Net Zero […]

Oman to showcase climate mitigation efforts at COP28

The Sultanate of Oman is focusing on the sustainability of natural resources and exploiting clean energy such as wind and solar energy to produce electricity, and is working to accelerate the pace of hydrogen production, in which it is investing more than $30 billion.   Dr Ghazi bin Ali al Rawas, Dean of Scientific Research […]

Tender floated for infra works at Muscat Airport free zone

Asyad Group has invited a tender for the construction of infrastructure for the upcoming Free Zone (Phase 1) project at Muscat International Airport on Monday. The Free Zone Area will be located at the east of the Muscat International Airport Land. According to the tender, the project area will be spread around 1.7 million sqm […]

Agreements signed for carbon capture, blue hydrogen

Muscat The Ministry of Energy and Minerals (MEM) signed in Muscat a memorandum of cooperation on Wednesday in the field of carbon capture, utilization, and storage and the development of blue hydrogen in the Sultanate of Oman with Petroleum Development Oman, Shell Oman, OQ Gas Networks, and Occidental.   The signing of this memorandum comes […]

Solar-powered desalination plant a global showcase

A first-ever solar farm inaugurated at Sur on Monday as a source of renewable electricity for water desalination, serves as a global showcase of Oman’s ambitions to decarbonize its economy, according to a key executive involved in this landmark initiative.   Philippe Paulissen, CEO of Sharqiyah Desalination Company SAOG, said the initiative demonstrates that solar […]