The 5th Duqm Forum, held at the Oman Convention and Exhibition Centre, focused on the vast investment opportunities available in Al Wusta Governorate, emphasising the blue economy, food security, logistics, tourism and renewable energy sectors. The event was organised by the Al Wusta Governorate branch of the Oman Chamber of Commerce and Industry, in collaboration...

As the world intensifies efforts to decarbonise, ports are increasingly crucial in developing clean energy trade corridors. These commercial hubs are transforming from traditional logistics centres into key players in the energy transition, focusing on the production, storage, and export of clean energy. In Oman, SOHAR Port and Freezone (SOHAR) is at the forefront of...

 The total added value of private institutions in Oman reached RO 8.528 billion in the second quarter of 2024, according to preliminary figures released by the National Centre for Statistics and Information (NCSI). This reflects the significant contribution of the private sector to Oman’s economic landscape, accounting for 81% of the country’s GDP at current...

 The Financial Services Authority (FSA) has approved the allocation ratios for OQ Exploration and Production (QQEP) Company shares after the subscription witnessed the coverage of the volume of offered shares by 2.4 times, with a total share amounting to approximately RO1.814 billion after calculating the share value at 390 baisas. The volume of shares collected...

Project cargo for the world-scale polysilicon production complex currently under construction at Sohar Freezone has been arriving at a rapid pace, underscoring the ambitious timelines for the delivery of this strategically significant venture. United Solar Polysilicon (FZC) SPC, an international green energy enterprise specializing in the solar industry chain, is developing the 100,000 tonnes per...