MUSCAT, May 5 – Oman’s authorities have identified as many as 16 projects for implementation under the Public Private Partnership (PPP) framework.

Plans are underway to allow expats in Oman to own hundred percent of their own property, the government has revealed. The move was announced as part of the country’s Tanfeedh plans for economic expansion.

Muscat, May 5 – Oman LNG posted a dramatic 60 per cent growth in revenues, which surged to $3.505 billion for fiscal 2018, up from $2.196 billion a year earlier. Net Income After Tax (NIAT) soared 68 per cent to $1.

Muscat: Dr. Mohammed Hamad Al Rumhy, Minister of Oil & Gas was selected as the 2019 winner of the Abdullah bin Hamad Al Attiyah International Energy Award for Lifetime Achievement for the Advancement of Producer-Consumer Dialogue, presented at a Gala Awards dinner in Doha yesterday.

China has provided US$540mn to Oman for investment in different infrastructure projects as part of its Belt and Road Initiative, said H E Li Lingbing, China’s Ambassador to Oman at a briefing on Tuesday.

With America’s sanction waivers on Iranian crude oil ending on May 2, the battlelines in the Middle East are sharply drawn. On one side is Sunni Saudi Arabia along with its allies the UAE, Egypt, Bahrain, Oman and Kuwait.

His Majesty Sultan Qaboos bin Said presided over a meeting of the Council of Ministers at Bait al Barakah, on Tuesday. At the outset of the meeting, His Majesty the Sultan gave thanks and praise to the Almighty God for the bounties which he has bestowed on Oman.

Renews sanction waiver on nonproliferation work with Iran. The US is out saying that they renew sanctions waivers allowing Russia, Britain, China, and France to continue nonproliferation work with Iran.

OMAHA, Neb. — The current economic environment is one that no one could have seen coming, Warren Buffett said. In an CNBC interview that aired Friday, Buffett noted that unemployment is at generation lows, yet inflation and interest rates are not rising. While at the same time the U.S.

In order to comply with the advancement of technology and emergence of new banking avenues such as electronic payments, Oman’s government is planning to bring a new banking law along with some other by-laws.

President Donald Trump is about to launch the latest phase of his “maximum pressure” campaign against Iran, and BP CEO Bob Dudley says the commander-in-chief to deal the oil market a major wildcard. https://www.cnbc.com/2019/05/01/trumps-iran-policy-is-the-key-wildcard-for-oil-says-bps-bob-dudley.html

Oman wants to encourage school students to gain hands-on knowledge about agriculture and fish production, thereby ensuring a skilled workforce taking the sector further ahead.