Muscat: The new Standard Operating Procedures (SOP) for bonded warehouse operators relaxes the control requirements thereby allowing warehouse keepers to work more independently with less direct involvement by the Customs.

Construction work on the US$2bn integrated tourist port and lifestyle destination Mina al Sultan Qaboos Waterfront (MaSQ) project will begin in November. It will comprise hotels, residences, as well as dining, retail and leisure offerings.

The sultanate received US$19.6bn as foreign direct investment (FDI), the maximum in the Arab world during 2018, a new report by the Arab Investment and Export Credit Guarantee Corporation (AIECGC) has revealed.

The port town of Duqm in the Al Wusta region is all set to witness the opening of A’soud Global School (AGS). AGS is among the finest international schools in Oman under the management of English Education Management company.

The new Foreign Capital Investment Law will open new avenues for investment in the sultanate. This law will be complemented by the Law on Partnership Between Public and Private Sectors and setting up of the Public Authority for Privatisation and Partnership.

Muscat: More than 20 businessmen have been referred to the judicial authorities after they failed to attend a scheduled meeting with the Ministry of Manpower. The meetings come in line with the government’s plan to improve working conditions for over 16,000 expat workers in Northern Sharqiyah.

In the Al-Hajar mountain chain of northern Oman, what appears to be just a pile of logs is actually an apiary of beehives. This is a centuries-old method of beekeeping which has been passed down from one generation to the next.

After successfully developing the iconic landmark in Sur, the largest harbour painting in the world, Oman LNG has inked another agreement with Ministry of Agriculture and Fisheries (MoAF) to fund the development of a walkway at the Sur Harbour. https://www.muscatdaily.com/Archive/Oman/First-an-iconic-painting-now-a-walkway-to-come-up-at-Sur-Harbour-5eow

The Oman-Qatar Joint Committee held its meeting in Muscat last week to review aspects of cooperation between the two countries in various fields that serve the common interests, especially the investment projects. https://www.muscatdaily.com/Archive/Oman/Sultanate-Qatar-discuss-ways-to-boost-cooperation-in-economic-sector-5eog

Muscat: Oman’s Public Prosecution has announced that it has moved an alleged case of embezzlement by government officials to trial. The case first became known in April, after rumours implicated specific employees in the Ministry of Education in a misappropriation scam.

Duqm: Yahya bin Said Al Jabri, Chairman of the Special Economic Zone Authority of Duqm (Sezad), announced that Sezad has decided to increase the depth of the fishing harbour to 10 metres instead of 6 metres.

MUSCAT: His Highness Sayyid Asaad bin Tareq al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan, received at his office on Thursday Ali Shareef al Emadi, Minister of Finance in the sisterly State of Qatar.