MUSCAT, JUNE 30The Sultanate of Oman does not support imposing transit fees on ships passing through the Strait of Hormuz, but it left open the possibility of discussing charges linked to maritime services,Sayyid Badr bin Hamad al Busaidy, Foreign Minister, said.In an exclusive interview with Monte Carlo International Radio, Sayyid…

PARIS: His Majesty Sultan Haitham bin Tarik, accompanied by President Emmanuel Macron of the French Republic, graced the Omani-Franco Business Forum in Paris on Monday, held as part of His Majesty's official visit to the French Republic.During the forum, His Majesty the Sultan commended the sustained growth and development of…

MUSCAT, JUNE 8Nama Water Services has invited interested investors to pre-qualify to participate in a competitive process leading to the award of a mandate for the establishment of a high-value industrial project specialising in the manufacture of Reverse Osmosis (RO) membranes in the Sultanate of Oman.This initiative stems from the…

MUSCAT: The agriculture and livestock sectors in Oman are witnessing an expansion in the adoption of natural and innovative solutions supporting Net-Zero, through the implementation of a number of targeted national initiatives and projects.The agriculture, fisheries and water sectors represent vital sectors capable of contributing to emissions reduction, improving natural…

BUSINESS REPORTERMUSCAT, MAY 17In a move designed to reinforce the Sultanate of Oman’s position within the global green economy, UK-based biotechnology firm HutanBio has entered into a strategic Memorandum of Understanding with Oman’s Utopia World Investment (UWI) to support the growth of a sustainable fuels sector in Oman.Utopia is a…

MUSCAT: Adding to the trend of water desalination projects plugging into renewable energy sources for part of their energy needs, GS Inima Barka-5 Desalination Co SAOC has brought into operation a modest-scale solar PV project to support its energy transition and decarbonisation objectives.Omani clean energy firm Nafath Renewable Energy, which…

MUSCAT: Two new Independent Water Projects (IWPs) are planned for development to help address capacity deficits anticipated in the Sultanate of Oman over the next four to six years.According to Nama Power and Water Procurement Company (Nama PWP) — the single buyer and procurer of electricity and desalinated water capacity…

MUSCAT, DEC 23Oman has unveiled a new investment drive aimed at transforming its fisheries sector from a largely resource-based activity into an integrated, value-added manufacturing industry anchored in Duqm.The initiative underscores the government’s push to deepen industrial activity around natural resources while strengthening food security and export capacity.The initiative is…

MUSCAT, DEC 15Nama Water Services (NWS), the primary operator of water and wastewater services across the Sultanate of Oman (excluding Dhofar), has unveiled a colossal long-term investment strategy, committing an estimated RO 11.1 billion (approximately $28.8 billion) up to 2050 to secure the nation's water future. Read the full article…

MUSCAT: HH Sayyid Bilarab bin Haitham al Said presided over a national ceremony marking the completion of more than RO 408 million worth of strategic water projects implemented by Nama Water Services Company.The event formed part of the Sultanate of Oman’s National Day celebrations and highlighted one of the country’s…

MUSCAT, OCT 6Oman’s self-sufficiency rate in the food sector has reached 65.8 per cent, distributed across agriculture, fisheries, livestock, and food and beverage industries by the end of the 10th Five-Year Plan and the First Executive Plan for Oman Vision 2040, according to the National Center for Statistics and Information…