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High-level OIA team tours Khazaen projects

Khazaen Economic City recently hosted Abdulsalam al Murshidi, President of Oman Investment Authority (OIA), along with a high-level delegation from the Authority and its affiliated companies. The visit aimed to closely examine the city’s business and investment landscape, as well as to explore opportunities for establishing high-value-added industries. Khazaen Economic City exemplifies a successful public-private […]

talabat : Pioneering the future of food delivery in Oman

Leading food and grocery delivery platform in the Middle East — talabat —has been making significant strides in Oman by leveraging advanced technology and innovative business models. In an exclusive interview with Oman Observer, Stephane Berton, Managing Director of talabat Oman, delved into the company’s strategic vision and its transformative role in the Sultanate of […]

talabat Oman partners with Oman Logistics Association and Tashgheel

talabat Oman is proud to announce its partnership with the Ministry of Labour, Oman Logistics Association, and Tashgheel in a memorandum of understanding to introduce an unprecedented training program aimed at providing employment opportunities for Omani nationals in the delivery sector. The partnership includes a training program equipping 20 job seekers with the necessary skills […]

Proposals invited for setting up Tech Startup Zone in Muscat

The Ministry of Transport, Communications, and Information Technology, in collaboration with the Public Authority for Special Economic Zones and Free Zones (OPAZ), has announced a new investment opportunity targeting local and international companies and investors. The initiative seeks proposals for establishing and managing specialized tech zones through the Tatwir platform (www.tatwir.om), under the Ministry of […]

Draft regulatory framework on Open Banking unveiled in Oman

Ahead of the formal introduction of Open Banking – a tech-driven service with the potential to transform the banking and financial services industry – the Central Bank of Oman (CBO) has launched a public consultation process designed to garner stakeholder feedback on this landmark initiative. Open Banking is a fintech-based platform operating on application programming […]

CBO issues treasury bills worth RO 13.600 million

The Central Bank of Oman has announced that the total value of government treasury bills allocated this week amounts to RO 13.600 million. In a statement yesterday, the bank detailed that treasury bills with a 28-day maturity were allocated RO 5.000 million, with an average acceptable price of RO 99.660 and a lowest acceptable price […]

Muscat Municipality signs lease for modern park and sweets factory

Muscat Municipality finalised an agreement yesterday with Saud bin Hilal Al Sabri LLC to lease municipal land in the Al Mabela South area of the Wilayat of Seeb. The purpose of the lease is to develop a modern park with a wide range of public and commercial facilities, along with the Diwaniya Omani Sweets Factory. […]

Oman LNG contracts restructured in keeping with energy transition trends: Al Aufi

The transition to clean and renewable energy is one of the main factors behind Oman’s restructuring of Liquefied Natural Gas (LNG) contracts, according Oman’s Minister of Energy and Minerals, Eng Salim al Aufi. Speaking to a local Arabic news portal recently, Al Aufi shared that the Sultanate of Oman has switched from long-term contracts usually […]

OIA targets opportunities across Oman’s hydrogen value chain

Oman Investment Authority (OIA) says it is poised to play a significant role across key facets of the hydrogen value chain with the goal of unlocking its full potential for investment and economic development in Oman. According to OIA President Abdulsalam al Murshidi, various subsidiaries and affiliates of the integrated sovereign wealth fund are gearing […]