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.

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.

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).

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.

Muscat: Total new endowment assets in 2023 stood at more than OMR14 million, according to the Ministry of Endowments and Religious Affairs.

Muscat: The Ministry of Housing and Urban Planning today signed an agreement with the Strabag Oman company to implement preliminary tasks for the first phase of Sultan Haitham City.

Oman’s strategic pursuit to establish itself as a regional logistics hub achieved substantial progress in 2022, boasting a remarkable 15.4% year-on-year sector growth, as reported by the National Centre for Statistics and Information (NCSI).

Oman’s oil and gas sector has demonstrated its resilience and potential for growth in the period of January to November 2023.