Oman, Austria explore cooperation areas in economic fields
MUSCAT: Dr Said bin Mohammed al Saqri, Minister of Economy, received in his office on Wednesday Dr Martin Kocher, Federal Minister of Labour and Economy of the Republic of Austria and his accompanying delegation.
Oman’s potential sovereign credit upgrade spurs economic optimism
The Sultanate of Oman stands on the cusp of a potential sovereign credit upgrade after being upgraded for two consecutive years.
One of Oman’s biggest data centres set to launch in Muscat
Leading Omani data centre services provider Datamount is preparing to shortly launch one of Oman’s biggest data centres at a site in Muscat Governorate.
Now, start a business in Oman without residency card
Muscat: Foreign investors in the Sultanate can now register at the Oman Business Platform even if they are in their home country or remotely and without the need for a residency card, according to the Ministry of Commerce and Investment Promotion (MOCIIP).
Bauer Nimr wetland project in Oman wins plaudits at COP28
Bauer Resources’ subsidiary in Oman, Bauer Nimr, recently made waves at the 28th UN Climate Conference (COP28) in Dubai with the introduction of a groundbreaking wetland project aimed at combating carbon dioxide (CO2) emissions through nature-based solutions.
Oman to harness critical minerals to support energy transition
MUSCAT, DEC 18 In parallel with its ambitions to jumpstart the growth of a green-hydrogen centric economy, the Sultanate of Oman is also seeking to unlock the potential of its prodigious minerals sector, specifically with the goal of uncovering critical minerals necessary to drive the country’s en
HM the Sultan offers condolences on the death of Kuwaiti Emir
Kuwait: His Majesty Sultan Haitham bin Tarik on Monday offered condolences to Sheikh Misha’al Al Ahmed Al Jabir Al Sabah, Emir of Kuwait, Al Sabah Family and the people of Kuwait on the death of the forgiven, by the will of the Almighty Allah, the late Emir of Kuwait Sheikh…
Oman, Kuwait linked by well-established relations
Muscat: The Sultanate of Oman on Saturday bid farewell to Sheikh Nawaf al Ahmad al Jabar al Sabah, Emir of the State of Kuwait, who died at the age of 86.
New Support Unit to ease delivery of hydrogen projects in Oman
MUSCAT: The Omani government is set to shortly roll out a high-powered ‘Support Unit’ to help smooth the way for international investors preparing to simultaneously implement a raft of mega-scale green hydrogen (gH2) projects worth billions of dollars over the next several years in the Sultanate
Oman boosts power grid with RO 183m project launch
Muscat: The Oman Electricity Transmission Company (OETC) has launched the first phase of its ‘Interconnect’ project (titled ‘Rabt), connecting the power grid from northern to southern Oman at a cost of RO 183 million.
Islamic banking contributes to growth of overall banking deposits in Oman
MUSCAT: Islamic banking services in the Sultanate of Oman have proven their effectiveness during the past period by contributing significantly to the growth of total deposits, increasing national savings and investment, and using new modern technologies.
Shaikh Mishal proclaimed new Emir
His Highness Shaikh Mishal AI Ahmad Al Jaber al Sabah has been proclaimed the State of Kuwait’s new Emir to become the country’s 17th ruler, in line with the Emirate’s Succession Law, succeeding the late Emir Shaikh Nawaf AI Ahmad Al Jaber al Sabah (may Allah bless his soul).