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Investments in Raysut Industrial city reach R0 563 million

The number of investment projects in Raysut Industrial City reached 192 projects after adding 8 projects worth RO 84 million in 2023, bringing the total cumulative investment volume to RO 563 million. Engineer Abdul Qadir bin Salem al Balushi, Director General of Raysut Industrial City, said in a statement to the Oman News Agency (ONA) […]

Oman’s economic upturn signals business opportunities: Expert

The Sultanate of Oman is capitalising on its domestic and regional economic momentum, paving the way for new business prospects in the country, this according to Robert Mogielnicki, a senior resident scholar at the Arab Gulf States Institute in Washington (AGSIW), a prominent think-tank. Since the start of 2024, according to Mogielnicki in his post […]

Dutch group explores green hydrogen cooperation with Oman

An official delegation representing prominent European energy infrastructure company Gasunie recently wrapped up a visit to the Sultanate of Oman aimed at exploring opportunities for cooperation in the field of green hydrogen. Gasunie, headquartered in the Netherlands, operates over 12,000 kilometres of domestic gas pipeline networks, in addition to around 3,100 km of pipeline infrastructure […]

GIG Gulf wins CMA nod to provide E-insurance in Oman

GIG Gulf, one of the largest insurance providers in the MENA region including the Sultanate of Oman, has announced that it has received approval from the Capital Markets Authority (CMA) to provide digitally integrated insurance services for its customers online. This development positions GIG Gulf as one of first two insurers authorized to offer online […]

MSX Chairman’s Dialogue to feature noted educationalist

Muscat Stock Exchange (MSX) is organising the inaugural edition of the ‘MSX Chairman’s Dialogue’ on Thursday, March 21, 2024, at the MSX Investors Hall.   The Dialogue marks the beginning of a series where distinguished personalities from finance, academia, investment and corporate leadership will be hosted. These luminaries will share their experience and learnings, helping […]

Investment volume of projects at Raysut Industrial City crosses RO 500 million

The number of investment projects at Raysut Industrial City stood at 192 after the addition of 8 projects worth RO 84 million in 2023. This brings the cumulative investment volume of projects at the industrial city to RO 563 million.   Eng. Abdulqadir Salim Al Balushi, Director General of Raysut Industrial City, told Oman News […]

Investment opportunities showcased for diplomats at Invest Oman

In a collaborative effort between the Ministry of Commerce, Industry, and Investment Promotion and the Ministry of Foreign Affairs, a significant gathering unfolded today at the Invest Oman Lounge. A number of ambassadors and heads of diplomatic missions accredited to the Sultanate of Oman convened with a singular purpose: to explore the incentives and investment […]