Muscat: The Public Authority for Water (Diam), announced that the total household connections reached 8,500 in Al Kamil Wal Wafi, North Al Sharqiyah governorate. According to Diam, 42,500 people will benefit from the new project. https://timesofoman.com/article/2489680/Oman/Government/More-than-42000-people-to-benefit-from-new-water-project-in-Oman

Muscat: The Special Economic Zone Authority at Duqm (Sezad) has been granted the authority to regulate the electricity and water sector within the Special Economic Zone at Duqm (SEZD). https://timesofoman.com/article/2483543/Business/Sezad-granted-power-to-regulate-electricity-and-water-sector

Muscat: AMAN REIF (Under formation) announced the launch of its IPO on Tuesday, December 31, 2019, which will commence from Thursday, January 2, 2020. According to the officials, it will be for 15 days and will conclude on January 16, 2020. https://timesofoman.com/article/2483533/Business/AMAN-REIFs-OMR10-million-IPO-to-begin-this-week

Muscat: Oman will implement its new Foreign Investment Law from today(Jaunary 2), according to a statement issued by the Ministry of Commerce and Industry (MoCI). https://timesofoman.com/article/2489382/Oman/Government/Oman-set-to-introduce-new-foreign-investment-law

MUSCAT, JAN 1 – The state budget for 2020, approved by His Majesty Sultan Qaboos, aims at fiscal sustainability, lower public debt and higher economic growth in the Sultanate. https://www.omanobserver.om/big-push-for-spending-in-2020/

The feasibility of selling a modest stake in Oman Oil and Orpic Group – the Sultanate’s integrated energy and petrochemicals powerhouse – will be explored in a study planned in 2020, according to Dr Mohammed bin Hamad al Rumhy (pictured), Minister of Oil and Gas. https://www.omanobserver.om/oman-oil-orpic-group-to-weigh-stake-sale/

MUSCAT: The Sultanate has been ranked as one of the least polluted countries in Asia, with only Singapore and Japan doing better. According to numbeo.com, Singapore tops the list with a pollution index of 32.06, followed by Japan 36.78, Oman 37.80, the United Arab Emirates (UAE) (52. https://www.omanobserver.om/sultanate-among-least-polluted-nations-in-asia/

MUSCAT, NOV 17 – The Sultanate’s maiden Dry Port — an anchor project of Khazaen Economic City in South Al Batinah Governorate — will be a customs bonded facility complete with its own international port code, thereby serving as a ‘destination’ for import and export cargoes. https://www.omanobserver.om/omans-first-inland-port-to-be-a-customs-bonded-destination/

Muscat: Holidays on the occasion of 49th National Day in Oman has been announced for both the public and private sectors. Wednesday (November 27) and Thursday (November 28) will be holidays with work resuming on Sunday, December 1. https://www.omanobserver.om/national-day-holidays-announced-in-oman/

Omanisation rates have been increasing in three sectors in the sultanate – industrial, travel and tourism and logistics – the Ministry of Manpower (MoM) has stated. These sectors saw an eight per cent increase this year as compared to 2017. The ministry expects a further increase of 3.5 per cent…

The multibillion dollar petrochemicals complex envisaged downstream of the Duqm Refinery in Duqm’s Special Economic Zone (SEZ) will position the Sultanate as a leading producer of niche commodities for the global market, according to a key official of Oman Oil & Orpic Group, which is major investo https://www.omanobserver.om/duqm-project-to-put-oman-on-global-petrochemicals-map/

Public and private sector participants came together to share information and experiences on new instruments on trade facilitation that have been brought available recently to make international trade and logistics faster and cheaper for practitioners. https://www.omanobserver.om/oman-eases-customs-regulatory-restrictions-to-speed-up-trade-flows/