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Eid al Fitr likely on April 10 as per astronomical data

Excitement about Eid al Fitr — the first day of which is most likely to fall on April 10 in the Sultanate of Oman as per astronomical data — has begun building up. Abdulwahab al Busaidy, Head of Observatory at Oman Astronomical Society, told the Observer that there is a 99.9 per cent chance that […]

Over 2.7 million passengers use airports in Oman in 2024

The number of passengers passing through the airports of the Sultanate of Oman (arrivals, departures, and transit) exceeded 2.7 million at the end of February 2024, according to the National Centre for Statistics and Information (NCSI). The number of arrivals through all airports of the Sultanate of Oman increased by 19 percent, while the number […]

Oman’s tourism sector embraces culture and sustainability to attract investments

Oman’s tourism industry is undergoing a dynamic transformation, leveraging its rich cultural heritage and sustainable practices to attract investments and enhance its position on the global tourism map. In a recent episode of Tejarah Talks Podcast— hosted by Shabib al Maamari, Managing Director of Visit Oman — Azzan al Busaidi, Under-Secretary of Tourism at Ministry […]

Oman producer price index declines 7.9%

 The Producer Price Index (PPI) in the Sultanate of Oman recorded a drop by 7.9% during the Q4 2023, compared to the corresponding period in 2022 with 2018 being the base year. According to the data released by the National Centre for Statistics and Information (NCSI), a decline was registered in the groups of mining […]

Oman Future Fund takes centre stage at OCCI business forum

Oman Chamber of Commerce and Industry (OCCI) hosted on Monday a forum to explore the potential of the Oman Future Fund — a landmark initiative of Oman Investment Authority (OIA) — as a driver of economic diversification and a reliable investment partner for businesses. The forum delved into the Fund’s objectives, operational mechanisms, and public-private […]

OETC taps local suppliers for RO 70m worth of goods for Rabt – 1 project

Underscoring its commitment to In-Country Value (ICV) creation from its investments, Oman Electricity Transmission Company (OETC) says it procured over RO 70 million worth of goods and services from the local market for Phase 1 of its Rabt interconnection project. In an interview with the Observer, Eng Saleh bin Nasser al Rumhi, CEO, shed light […]

Oman to award two more green hydrogen blocks next month

  A pair of land blocks is due to be awarded next month under the second round of Oman’s international auction process governing the allocation of renewables-rich land parcels for green hydrogen investment. According to Eng Salim Nasser al Aufi, Minister of Energy and Minerals, the new awards — coming not long after landmark agreements […]