Expressway expansion on schedule: Municipality
The expansion of the Muscat Expressway was initiated based on the studies regarding the traffic growth in the city by various competent agencies, including the Muscat Municipality, Royal Oman Police (ROP), and the Ministry of Transport and Communications and Information Technology (MTCIT). With the work expected to start in the last quarter of this year, […]
CBO allocates RO 64m in govt treasury bills
The Central Bank of Oman (CBO) has disclosed that the total value of government treasury bills for this week stands at RO 64 million/ The treasury bills, issued by the Ministry of Finance, serve as guaranteed short-term financial instruments, providing investment avenues for licensed commercial banks. Acting as the issuance manager, the CBO facilitates the […]
Oman welcomes UN call for Gaza ceasefire
The Sultanate of Oman has welcomed the UN Security Council resolution calling for an immediate ceasefire in the Palestinian territories, and the need for the Gaza Strip to obtain all its needs of humanitarian materials and aid without obstacles. The Foreign Ministry issued a statement on Monday reiterating its firm and supportive position for all […]
SEZAD begins providing services in designated areas
The Special Economic Zone at Duqm (SEZAD) administration has completed the procedures to implement the Council of Ministers’ decision to develop, execute and supervise municipal services and public facilities in the old Sayy commercial district, among other areas where their public utility status has been lifted and incorporated into the zone’s general scheme. The administration […]
Oman among Top 5 MENA states with sizable CO2 capture potential
A new report by the International Energy Forum (IEF) – the world’s largest grouping of energy ministers – has named the Sultanate of Oman among the Top 5 economies of the Middle East and North Africa (MENA) region with ambitious programmes for Carbon Capture, Utilisation & Storage (CCUS) as part of their Net Zero strategies. […]
AI key to securing technologically advanced future for Oman: Expert
Artificial Intelligence (AI) has the potential to play a pivotal role in addressing national challenges and empowering every citizen in the Sultanate of Oman, particularly in light of the government’s strong focus on sustainability and innovation, says a leading Omani expert on digital transformation. In a recent exclusive interview with Oman Daily Observer, Laila al […]
