The plans to develop and expand the rail network in the GCC has gained momentum in recent times, according to a recently released report. The Oxford Business Group in its latest report said that the railway project ‘was given a significant boost in December last year in Riyadh when leaders…

Muscat: His Majesty Sultan Haitham bin Tarik on Monday performed Eid prayer at Al Zulfi Mosque in the Wilayat of Seeb in the Governorate of Muscat on the occasion of the blessed Eid al Fitr…. Read more on: https://www.omanobserver.om/article/1118583/oman/his-majesty/hm-performs-eid-prayers-at-zulfi-mosque

Monday 02/May/2022 09:26 AM By: Times News Service Muscat: His Majesty Sultan Haitham bin Tarik performed the Eid Al Fitr prayer at Al Zulfi Mosque in the Wilayat of Seeb in the Governorate of Muscat. After completing the prayer, His Majesty received congratulations and blessings on the occasion of Eid…

Major recognition: OPAZ lauds award of first-ever certification for ACME Group’s Duqm green hydrogen project The Public Authority for Special Economic Zones and Free Zones (OPAZ) has applauded ACME, a leading company in the renewable energy sector, on the receipt of the first-ever international certificate accredited for commercial production of…

Shenzhen recently kicked The Big Apple down a notch 17 Apr, 2022 China now hosts three cities with the greatest number of billionaires in the world, data from Global Rich List, an annual ranking prepared by the Shanghai-based research firm Hurun Report, shows. The greatest number of billionaires – 144…

11 Apr 2022 Muscat – The government is planning to privatise more than 30 public companies by 2025, H E Abdul Salam bin Muhammad al Murshidi, chairman of Oman Investment Authority (OIA), has said. “The authority owns about 160 government companies. Privatisation is a successful process. The government must hand…

Published: 7:40 PM, Apr 11, 2022 MUSCAT: The Ministry of Commerce, Industry and Investment Promotion reviewed, during the annual media meeting on Monday, its executive work plan entitled “Enhanced and Enabled Environment” for 2022, encompassing important projects, programmes, initiatives and targeted investment sectors that contribute to the development of the…

Apr 11, 2022 The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) held its annual media meeting on Monday and reviewed the achievements of the last year…. Read more on: https://www.omanobserver.om/article/1117567/business/economy/oman-sees-surge-in-foreign-direct-investment

Monday 11/April/2022 20:40 PM Muscat: Oman’s private sector – including businessmen and overseas investors – has a key role in job creation and stimulating economic growth alongside initiatives taken by the public sector, said Qais Al Yousef, the Minister of Commerce, Industry and Investment Promotion (MOCIIP). “We urge the establishment…

Sunday 03/April/2022 21:02 PM Muscat: Pakistani nationals living in the Sultanate of Oman are eager to improve the lives of blue-collared countrymen, noted the Ambassador of Pakistan. Talking exclusively to TTV on its weekly show, T-Talk, H.E. Muhammed Imran Ali Chaudhary, Ambassador of Pakistan to Oman, said he noted some…

New landmark: The project will feature 1,657 eco-friendly and energy-efficient residential units including 300 villas. March 30 Oman Tourism Development Company (OMRAN Group) celebrated on Wednesday the launch of ‘The Sustainable City – Yiti’ in partnership with Diamond Developers – the leading company in developing sustainable communities. With an investment…

In a move to attract more international investors and foreign capital inflows into the country, the Muscat Stock Exchange (MSX) plans to allow 100 per cent full foreign ownership in joint stock companies, according to a tweet from the Muscat bourse. https://www.omanobserver.om/article/1116910/business/markets/msx-to-allow-full-foreign-ownership-in-listed-companies