FSA to implement fund for emergency medical treatment of visitors
The Financial Services Authority (FSA) has been mandated to set up a fund to provide financial assistance to visitors facing medical emergencies, per the provisions of Decree No. 25/2024 published in the official gazette on Sunday. The “Regulatory Bylaws for the Emergency Treatment of Visitors in Urgent Cases” will allow visitors to the country to […]
Abraj Energy Services enters into African markets in partnership with Sonatrach
Leading Omani oil and gas services company Abraj Energy Services is making waves in the African markets through a strategic partnership with Sonatrach, marking a significant milestone in the hydrocarbon sector. The collaboration between these two industry giants is set to redefine the landscape of energy exploration and production in the region. The agreement, sealed […]
Sohar Port earmarks 44.5-hectare site for region’s first LNG bunkering project
Sohar Port and Freezone has signed a sub-usufruct agreement with Marsa LNG LLC, a joint venture between TotalEnergies EP Oman Development BV and OQ, for the development of an LNG liquefaction plant in Sohar Port. This project is set to significantly reduce the industry’s carbon footprint, advance Sohar as a forerunner in the global green […]
OSW: Investment in green economy to get priority
Oman Sustainability Week (OSW) officially commenced at the Oman Convention and Exhibition Centre (OCEC) on Monday in the presence of His Highness Sayyid Taimur bin Asaad al Said. Speaking at the event, Dr. Saeed bin Mohammed al Saqri, Minister of Economy, said, ‘Sustainability is high on the agenda of governments and the private sector. According […]
Real Estate Conference begins with focus on future cities
Under the patronage of Abdulsalam al Murshidi, President of the Oman Investment Authority (OIA), the 19th edition of the Muscat Real Estate Conference and Oman Build & Design Week commenced on Monday at the Oman Convention and Exhibition Centre. The conference will shed light on an array of upcoming real estate projects, including the Sultan […]
Oman – GCC electricity linkages to enable energy trade
Strengthening interconnectivity between Oman and the GCC grid is enabling seamless electricity trades – imports and exports – aimed at helping GCC member states address any domestic power supply shortfalls, particularly during the summer season. This is evident from media reports that Kuwait’s Ministry of Electricity is currently evaluating a proposal from Oman to supply […]
