Muscat: The Oman Electricity Transmission Company (OETC) has launched the first phase of its ‘Interconnect’ project (titled ‘Rabt), connecting the power grid from northern to southern Oman at a cost of RO 183 million.

MUSCAT: Islamic banking services in the Sultanate of Oman have proven their effectiveness during the past period by contributing significantly to the growth of total deposits, increasing national savings and investment, and using new modern technologies.

His Highness Shaikh Mishal AI Ahmad Al Jaber al Sabah has been proclaimed the State of Kuwait’s new Emir to become the country’s 17th ruler, in line with the Emirate’s Succession Law, succeeding the late Emir Shaikh Nawaf AI Ahmad Al Jaber al Sabah (may Allah bless his soul).

Muscat: The Oman Investment Authority (OIA) has signed an agreement with the State Bank of India to establish the third Oman India Joint Investment Fund on the sidelines of the State visit by His Majesty Sultan Haitham bin Tarik to the Republic of India.

Singapore: His Majesty Sultan Haitham bin Tarik today gave an audience at his residence in Singapore to Lawrence Wong, Deputy Prime Minister and Minister of Finance of Singapore.

SINGAPORE – Sultan Haitham City, pegged as a smart city in Muscat, Oman, will have a slice of Singapore when the whole project is scheduled for completion around 2045.

On December 14th in Singapore, as part of the ongoing state visit by His Majesty the Sultan, Qais bin Mohammed Al Yousef, the Minister of Commerce, Industry, and Investment Promotion, met with Edwin Tong, the Minister of Culture, Community, and Youth, and the Senior Minister of State for Law of…

On December 14th, the Minister of Finance for Oman, Sultan bin Salem Al Habsi, warmly welcomed Sheikh Salman bin Khalifa Al Khalifa, the Minister of Finance and National Economy of the Kingdom of Bahrain, during an official meeting in Muscat.

SINGAPORE: The Sultanate of Oman and the Republic of Singapore signed two memoranda of understanding (MoUs) in the fields of culture and youth and economic development. The MoUs were signed within the framework of His Majesty the Sultan’s current state visit to Singapore.

The 3rd Green Hydrogen Summit Oman (GHSO) Conference commenced yesterday, December 13, at Oman Convention and Exhibition Center under the auspices of Dr Khamis al Jabri, Chairman of Oman Vision 2040 Follow-Up Unit.

Hydrom, the master-planner and orchestrator of Oman’s green hydrogen industry, has signed an agreement term sheet to establish the first green hydrogen project in Dhofar Governorate.

MUSCAT: Oman’s ambitious strides in the development of green hydrogen projects were unveiled at the Korea-Oman Green Hydrogen Strategic Forum 2023 held here on December 12, 2023. Eng.