Muscat: Oman and Switzerland have seen a notable strengthening of their relations, focusing on peace, security policy, economic affairs, and sustainable development in recent years. The official visit of Swiss Confederation President Dr.

Muscat: In a significant step towards a sustainable and low-carbon future, Petroleum Development Oman (PDO) today launched an extended pilot project dedicated to utilizing CO2 for Enhanced Oil Recovery (EOR) in northern Oman.

Various clean energy sources have been lined up to power operations of the world’s largest green hydrogen-ready steel plant in the Special Economic Zone at Duqm (SEZAD). Involving an investment of $3 billion, the first-of-its-kind project will be fully operational in 2027.

On November 23, a significant signing ceremony took place, marking the investment by Soon Aik Global into TFIW. This event represents a major milestone, strengthening… Read more

MUSCAT: The first Islamic Investment Fund in the Sultanate of Oman, “Gheras Fund”, was launched here yesterday, November 20, 2023, under the auspices of Abdullah bin Salim al Salmi, Executive President of the Capital Market Authority (CMA).

MUSCAT: His Majesty Sultan Haitham bin Tarik, the Supreme Commander, presided over a military parade staged at the military parade ground of Adam Air Base in the Governorate of Al Dakhiliyah on Saturday on the occasion of the 53rd Glorious National Day.

MUSCAT: Locally produced green hydrogen necessary to power Oman’s energy transition is projected to rise from around 50,000 tonnes per year (t/y) in 2030 to about 1.

PARIS: The International Energy Agency (IEA) has underscored the importance of industrial innovation to help unlock the Sultanate of Oman’s competitive advantage and boost low-carbon exports.

MUSCAT: In a first for Oman’s ocean-going maritime cargo transportation sector, the wholly state-owned ore carrier Sohar Max will be fitted with rotor sails to harness wind energy on its voyages to and from the Sultanate of Oman.

MUSCAT: The 2023 Food Security Lab, a two-week event rich in activities and purposeful discussions to enhance local and foreign investment across various food security sectors, concluded on Thursday, November 9, 2023.