Muscat: Construction work on a green hydrogen production facility, backed by a multinational consortium jointly led by global low-carbon energy developer ENGIE and Korean steel conglomerate POSCO, is planned to commence at the Port of Duqm in Oman’s Al Wusta Governorate in early 2027.

MUSCAT: Shaikh Mishal Al Ahmad Al Jaber al Sabah, Emir of the State of Kuwait, will pay a state visit to the Sultanate of Oman on Tuesday. The Emir of Kuwait will attend alongside His Majesty Sultan Haitham bin Tarik the opening of Duqm Refinery and Petrochemical Industries on Wednesday.

DUQM: The Special Economic Zone at Duqm (SEZAD) announced that a comprehensive multi-purpose fishing port will be opened in Duqm in February 2024.

MUSCAT: Khazaen Economic City, an integrated multipurpose hub located on Muscat’s doorstep, has already snagged over $1 billion in project investments as of end-2023 – a milestone that earned it the coveted ‘Fastest Growing Investment Destination’ accolade at an awards ceremony held in Dubai

JAALAN BANI BU HASSAN: The ‘Winter Al Tahayim’ season was inaugurated under the auspices of Dr Saud bin Hamoud al Habsi, Minister of Agriculture, Fisheries and Water Resources, in Jaalan Bani Bu Hassan, Al Sharqiyah South Governorate.

MUSCAT: A recent report by India’s Parliamentary Committee on External Affairs highlights Oman’s pivotal role in New Delhi’s green energy ambitions and burgeoning trade partnership with the Gulf Cooperation Council (GCC).

Recognising the need to steer Oman towards a prosperous future, the Oman Investment Authority (OIA) has unveiled a groundbreaking initiative – the Future Fund Oman.

Oman’s Ministry of Finance (MoF) has unveiled a new framework to help support the funding of projects and initiatives at the heart of the country’s energy transition and climate mitigation strategy.

In alignment with Oman Vision 2040 and its commitment to Net Zero plans, Nama Power and Water Procurement (PWP), is preparing to initiate a Request for Proposals (RFP) for the Ibri III Solar Independent Power Project (IPP).

MUSCAT: Oman’s Ministry of Finance has reaffirmed its commitment to strengthening the nation’s fiscal performance during 2024 through the continued implementation of a series of strategic initiatives first unveiled during 2021-2022.

Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, signed a concession agreement with CC Energy Development (CCED) for the exploration and production of oil and gas in Blocks 38 and 74 in Dhofar Governorate.

Muscat: SNF, world’s leading manufacturer of polyacrylamide, has announced $250 million expansion plan in self-financing and partnerships in the Sultanate of Oman. With more than 1.