Oman’s first inland port to be a customs bonded destination

MUSCAT, NOV 17 – The Sultanate’s maiden Dry Port — an anchor project of Khazaen Economic City in South Al Batinah Governorate — will be… Read more

National Day holidays announced in Oman

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… Read more

Omanisation rate rises 8% in three sectors, says MoM

Omanisation rates have been increasing in three sectors in the sultanate – industrial, travel and tourism and logistics – the Ministry of Manpower (MoM) has… Read more

Duqm project to put Oman on global petrochemicals map

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… Read more

Oman eases customs, regulatory restrictions to speed up trade flows

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… Read more

Royal Decrees appoint new ministers

MUSCAT: His Majesty Sultan Qaboos on Monday issued 10 Royal Decrees. Royal Decree No 63/2019 on the establishment of Ministry of Technology and Communications. https://www.omanobserver.om/decrees-appoint-new-ministers/

Oman’s mining flagship plans mega solar salt project

Wholly government-owned Minerals Development Oman (MDO), which is rapidly emerging as one of the foremost players in the Sultanate’s mining and mineral processing sectors, has… Read more

Duqm – A fledgling haven in the desert

Duqm is a nascent haven with a huge economic potential. It is currently bent on fulfilling this promise with a sprawling diverse blend of heavy… Read more

FDI hits RO 10.56 billion in 2018

Muscat: Foreign Direct Investment (FDI) in the Sultanate for the year 2018 stood at RO 10.56 billion, recording a growth of RO 1.36 billion from… Read more