Panel to map out growth of biodiesel sector in Oman

Key players in Oman’s biodiesel production sector have welcomed a decision by Omani authorities to constitute a committee to look into an array of underlying shortcomings that continue to impair the growth of this promising example of the country’s growing circular economy. Most biodiesel production in the country is linked to the processing of Used […]

Construction works continue on water networks project in Liwa

 Nama Water Services continues its construction activities in the water distribution networks project in the Wilayat of Liwa in the Governorate of North Al Batinah, where the completion rate has exceeded 60 per cent and is expected to be completed in Q4 2024. This project is one of the most prominent projects being implemented in […]

Winners announced for the Oman Investment Authority Excellence Awards

The Omani Investment Authority yesterday announced the winning companies in the categories of the Omani Investment Authority Excellence Award in its first edition, on the sidelines of the 8th Rabawet Forum, under the auspices of Shaikh Fadl bin Mohammed al Harthy, Secretary-General of the Council of Ministers. The OQ Group won the award in Growth […]

Agriculture Ministry highlights potential of halal food industry

Oman’s Ministry of Agriculture, Fisheries and Water Resources highlighted the significance of the halal global food industry at the 2024 Russia-Islamic World forum, which was held recently in Kazan, Russia. A report on the forum, issued by the Omani Embassy in Russia, quoted Dr Ahmed bin Nasser al Bakri, Under-Secretary for Agriculture, as saying: “Halal […]

Governorates’ Competitiveness Index, tourism allocations unveiled

The 2024 Governorates Economics Forum kicked off at the Oman Convention and Exhibition Centre on Wednesday under the auspices of His Highness Sayyid Theyazin bin Haitham bin Tarik al Said, Minister of Culture, Sports and Youth. The forum, organised by the Ministry of Economy, discussed the current state of development in the governorates, work programs […]

Tenders worth over RO 584 million issued through the Esnad system

The General Secretariat of the Tender Board announced that during Q1 of this year 3,056 tenders were issued through the electronic tendering system Esnad for entities subject to the Tender Law, with a total value exceeding RO 584 million. These tenders encompassed several developmental and service projects across various governorates of the Sultanate of Oman. […]

OABC, Dentons host session on personal data protection law in Oman

The Oman American Business Council (OABC), Oman’s largest and most active business networking group and the official affiliate of the US Chamber of Commerce in Oman, in partnership with OABC premium member Dentons, the region’s leading law firm, was delighted to host a successful morning session on the new regulations personal data protection law in […]

CBO issues RO 39.03 million worth of treasury bills

The Central Bank of Oman (CBO) said in a statement that the total government treasury bills allocated for this week amounted to RO 39.03 million. The bank said that the value of treasury bills allocated for a maturity period of 91 days amounted to RO 10.03 million, with an average accepted price of RO 98.750, […]

Oman-Russia ties progressing well: Al Saqri

Bilateral and multilateral ties involving Oman and Russia are progressing well, according to a statement made by the Omani Minister of Economy, Dr Said bin Mohammed al Saqri, during the 15th Russia-Islamic World Forum held in Kazan, Russia. Taking part in a panel discussion addressing financial and logistics infrastructure of Russia and OIC countries, the […]

Omantel outlines drive to empower Oman’s digital future

At a media briefing on Monday, Omantel CEO Talal bin Said al Mamari underscored the profound transformation underway in the telecommunications sector in Oman, while also highlighting the company’s pivotal role in connecting the economy and essential services, and providing comprehensive, high-quality solutions encompassing artificial intelligence, education, healthcare, and a wide range of other services. […]