OQGN’s record-breaking IPO lists on Muscat Stock Exchange

OQ Gas Networks SAOG (OQGN) has successfully made its debut on the Muscat Stock Exchange (MSX), becoming the largest-ever initial public offering (IPO) in the Sultanate of Oman.   The listing took place under the auspices of Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. Also present were Shaikh Abdullah bin Salem […]

Oman LNG signs major shareholder agreements

Oman LNG signed multiple shareholder agreements yesterday in Muscat in the presence of Minister of Energy and Minerals, Eng Salim bin Nasser al Aufi.   In his keynote address, Al Aufi shared the following, “It’s been quite a journey over the last probably 18 or 20-plus months since we started approaching the market to look […]

Infrastructure and building materials exhibition opens

Project Oman 2023 , the international construction technology, infrastructure and building materials exhibition opens its doors for 2nd time at the Oman Convention and Exhibition Centre. The opening ceremony was graced by HH Sayyid Shihab bin Tarik al Said, Deputy Prime Minister for Defence Affairs.   Over the course of three days, Project Oman 2023 […]

Moody’s, Oman Banks host roundtable on Islamic Finance

Oman Banks Association and Moody’s Investors Service jointly organized an Islamic Finance Roundtable with a cooperation with the Central Bank of Oman (CBO) on October 19, 2023 in Muscat. The event brought together about 60 participants representing financial sector regulators, senior representatives of Islamic and conventional banks as well as other financial sector sides in […]

Pact signed for pilot study on hydrogen fuelling stations in Duqm SEZ

OQ Alternative Energy , part of global integrated energy group OQ , signed an agreement on October 22, 2023, with the Ministry of Transport, Communications and Information Technology, ASYAD Group , Oman Oil Marketing Company, and Air Liquide Group. The purpose of this agreement is to conduct a joint study pilot project on green hydrogen […]

Oman LNG signs major shareholder agreements

  Oman LNG signed multiple shareholder agreements yesterday in Muscat in the presence of Minister of Energy and Minerals, Eng Salim bin Nasser al Aufi.   In his keynote address, Al Aufi shared the following, “It’s been quite a journey over the last probably 18 or 20-plus months since we started approaching the market to […]

Oman Shell’s Blue Hydrogen project to support the energy transition

A landmark Blue Hydrogen & Ammonia project being firmed up by Oman Shell for planned implementation at Duqm has the potential to underpin the country’s transition to large-scale adoption of sustainable zero-carbon fuels, such as green hydrogen.   Shell recently announced that it had received the support and endorsement of the Ministry of Energy and […]

Vale showcases its vision to pioneer green steel

Under the patronage of HH. Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth, Vale S.A., the world’s largest producer of iron ore and nickel and one of the largest logistics operators in Brazil, participated in the Duqm Economic Forum showcasing its ambitious plans to pioneer Oman’s green steel future. Rogeiro Nogueira, […]

SOHAR Freezone signs Open Yard Car Storage Hub expansion deal

SOHAR Port and Freezone has signed an agreement with The Middle East Group (SFZ) for the expansion of their Open Yard Car Storage Hub in SOHAR Freezone. This expansion demonstrates SOHAR Port and Freezone commitment to strengthening logistics capabilities and enhancing import and re-export operations. Originally established as a dedicated hub for automotive brands, this […]

Ooredoo powers Shell Oman’s digital transformation journey

Ooredoo has signed and activated a digital, long-term partnership with Shell Oman Marketing Company (Shell Oman), which will see Ooredoo supporting the digital transformation of Shell Oman by providing innovative end-to-end (E2E) and ICT solutions that improve the agility of operations and cost efficiency of no less than 200 service stations. Under the agreement, Shell […]