News
Oman allocates 250 km2 for solar, wind farms in Duqm SEZ
The Special Economic Zone at Duqm (SEZAD), with its concentration of green energy related investments, is poised to make the largest contribution to Oman’s energy sustainability goals, according to Dr Ali Masoud al Sunaidy, Chairman, Public Authority for Special Economic Zones and Free Zones (OPAZ
Business
Supported by strong investments in new fisheries infrastructure and necessary institutional, legislative, technical and economic frameworks, fish production in the Sultanate of Oman has increased from 284K tonnes in 2014 to 1,703K tonnes in 2022.
Oman eyes 3,350 MW of renewable energy capacity by 2027
The Sultanate of Oman aims to enhance energy security for a sustainable future and balance the requirements of sustainable development with the optimal use of natural resources to grow the national economy and reduce the effects of climate change.
Supporting green hydrogen regulation in Oman to be issued in Q1 2023
MUSCAT: Supporting regulations underpinning Oman’s emerging green hydrogen industry are expected to be issued by the end of the first quarter of 2023, Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals stated here on Tuesday.
Mirbat facility to be Oman’s first crypto-mining data centre
Al Maawali was joined by Dr Ali bin Amer al Shidhani, Under-Secretary of the Ministry of Transport, Communications and Information Technology for Communication and Information Technology, Shaikh Suhail bin Mohammed al Khathiri, Deputy Wali of Mirbat, Talal al Aufi, CEO of OQ, and Eng Olivier Ohnneis
National Day: Oman announces opening of 10 projects
Muscat: As part of its efforts towards encouraging economic diversification, attracting investments, empowering the private sector, and creating job opportunities, the Oman Investment Authority (OIA) has announced the opening of national projects, which are part of its National Development Portfolio
OIA’s assets exceed $40 billion: OIA president
Muscat: Abdulsalam al Murshidi, President of Oman Investment Authority (OIA) said that the fundamentals of Oman Vision 2040 focuses on the promising sectors which will be additions to the oil and gas sectors.
The Oman Investment Authority announces its investment in the US company Ascend Elements
Muscat: The Oman Investment Authority announced today its investment in the American company Ascend Elements, which specializes in recycling lithium-ion batteries that are used in electric vehicles; This is an embodiment of efforts to enhance the portfolio of generations in order to achieve financia
Oman targets $140 billion investment in green hydrogen industry
The Sultanate of Oman, represented by the Ministry of Energy and Minerals, unveiled on Sunday its ambitious Green Hydrogen Strategy – an initiative that envisions an estimated $140 billion in investment in a new low-carbon energy industry.