Omran signs agreement to promote Oman globally
Published: 2:26 PM, May 09, 2021 Oman Tourism Development Company (Omran) – the executive arm of the Sultanate for tourism development – has signed an agreement to support and sponsor “Oman Infocus” project to produce a series of documentary films that highlight the richness, the fascinating environmental diversity and the…
Sultanate’s risky maritime zone designation rescinded
OMAN NEWS AGENCY (ONA) Published: 1:56 PM, May 10, 2021 The Sultanate, represented by the Ministry of Transport, Communications and Information Technology, and in coordination with the Foreign Ministry, the Maritime Security Centre and Asyad Group, has been able to lift Omani seas and ports from the high maritime risk…
$826m LPG project begins trial operation in Salalah
Published: 10:02 PM, May 03, 2021 MUSCAT, MAY 3 – Oman’s first liquefied petroleum gas (LPG) extraction plant has commenced trial production at Salalah Free Zone in Dhofar Governorate. OQ LPG, a subsidiary OQ Gas Networks (part of OQ Group – the Sultanate’s integrated global energy group) was set up…
Zero-VAT on transportation of goods in special zones
27/04/2021 Oman Observer The Public Authority for Special Economic Zones and Free Zones (OPAZ) announced that the Special Economic Zone at Duqm (SEZAD) and the free zones in Salalah, Sohar, and Al Mazunah are classified as (Special Zones) in accordance with the provisions of Article (102) of the Executive Regulations…
Small-scale solar systems proliferate in Majan licence
26/04/2021 Oman Observer Key trend: As of end-September 2020, as many as 13 small-scale units were in various stages of development and implementation across Majan’s licence A growing number of small scale solar photovoltaic (PV) based renewable energy plants are currently in operation in the jurisdiction of Majan Electricity Company…
Duqm refinery project marks 80% progress
Apr 25, 2021 Times of Oman https://www.youtube.com/watch?v=V9eYZjdbg2I
Oman joins Global Dryland Alliance
22/04/2021 Oman Observer DOHA: The Sultanate has signed the document of joining the Global Dryland Alliance (GDA) headquartered in the Qatari capital, Doha.The GDA document was signed by Najeeb bin Yahya al Balushi, Oman’s Ambassador to Qatar, who highlighted the Sultanate’s efforts to achieve food and water security.Oman joining the…
New dam in Al Hamra to mitigate water crisis
Construction works of the Wadi Dofia Dam Project are in the final stages and expected to be completed in a few months, according to officials tasked with supervising the project. The Wadi Dofia Dam Project at Jabal Shams in the wilayat of Al Hamra, Al Dakhiliyah Governorate is one of…
Oman goes live with 5% VAT
Published: April 16, 2021 13:05 Gulf News Web Report Country becomes fourth in GCC to introduce tax Oman has become the fourth Gulf state to implement VAT, with a flat 5 per cent being imposed on a range of goods and services from Friday, April 16. The other economies to…
Ports to secure foodstuff supply chains, connect to trade routes
13/04/2021 Oman Observer MUSCAT: Marafi Asyad Group has reaffirmed that medium-sized ports will engage with different regional trade routes to enhance direct import aimed to meet local market needs for goods and livestock during the holy month of Ramadhan.Dr Ahmed bin Mohammed al Abri, CEO of Marafi Asyad, said that…
Muscat Stock Exchange launched
11/04/2021 Oman Observer Muscat: A ceremony was held on Sunday to mark the launch of Muscat Stock Exchange (MSX), a closed joint stock company reporting to Oman Investment Authority (OIA) as stated in Royal Decree No 5/2021 promulgating the bourse. The ceremony was held under the auspices of Abdullah Salim…
Intelligent farming
09/04/2021 Liju Cherian NOW, it is a common sight to watch drones hovering over agriculture farms in the Sultanate.Drones now act as a boon to farmers working in date palms or in the farm sector.Earlier, it was an arduous task to artificially pollinate date palms in farms. The pollination is…