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Investment opportunities abound in Dhofar’s industrial and food sectors

The Ministry of Commerce, Industry, and Investment Promotion announced that the number of industrial license applications in Dhofar Governorate saw a significant increase during the first half of 2024, with 3,095 applications compared to 1,897 applications during the first half of 2023, marking a 63 per cent increase. Additionally, 5,348 certificates of origin were issued […]

Sahil Hamran housing project: 18 years on, and still no completion in sight

For nearly two decades, the residents of Sahil Hamran in the Dhofar Governorate have awaited the completion of a housing project that promised to transform their lives. Yet, despite the issuance of Royal Directives in 2006, the Citizen Housing Project in Sahil Hamran remains incomplete. This long-delayed project, which was intended to provide stable and […]

Fuel marketers expand EV charging network across Oman

Oman Oil Marketing Company SAOG (OOMCO), a subsidiary of OQ Group, has announced the successful installation of 12 EV charging stations at strategic locations around the Sultanate of Oman – part of an ongoing drive by fuel marketing companies, among other businesses, to accelerate the adoption of electric vehicles in the country. The rollout of […]

Oman-EU trade exchange valued at RO 878.4 million

Trade exchange between the Sultanate of Oman and European countries reached RO 878,404,292 by the end of May 2024, compared to RO 802,204,770 during the same period in 2023, an increase of 9.5 per cent, according to preliminary statistics issued by the National Centre for Statistics and Information (NCSI). The total exports from the Sultanate […]

OQGN mulls clean energy initiatives to support decarbonisation

A decarbonisation pathway unveiled OQ Gas Networks (OQGN), the exclusive operator of Oman’s gas transportation network, envisions a wide array of clean energy and electrification initiatives, alongside strategies to enhance process optimisation and energy efficiency. Over the next seven years through to 2030, OQGN – a subsidiary of OQ Group – plans to explore a […]