The potential for large-scale and sustainable lithium mining in the Sultanate of Oman, in support of its clean energy transition, has been underscored in a new scientific paper published by researchers of Sultan Qaboos University (SQU).

Muscat – Sohar International – the fastest growing bank within Oman – has announced the departure of its esteemed chairman of the board of directors, Mohamed Mahfoudh al Ardhi.

Oman’s economy witnessed a significant boost until the third quarter of 2023 as foreign direct investment (FDI) showed remarkable growth, underscoring the country’s increasing attractiveness as an investment destination. Until the end of Q3 2023, Oman’s FDI amounted to RO 22.

Muscat: Dr. Said Mohammed Al Saqri, Minister of Economy received today Faisal Fadhil Alibrahim, Minister of Economy and Planning of the Kingdom of Saudi Arabia and his accompanying delegation.

Muscat: The Omani-Austrian Business Forum today discussed ways to enhance cooperation in various sectors, including tourism, industry, construction, infrastructure, information technology and medical education.

MUSCAT: A new report by the World Economic Forum (WEF) has listed the Sultanate of Oman among six ‘high-potential’ hydrogen countries in the Middle East and North Africa (MENA) region based on their low-carbon hydrogen readiness.

The Oman Chamber of Commerce and Industry (OCCI) hosted the Oman-Austria Business Forum at the W Hotel, Muscat on Wednesday, December 20, 2023, with the participation of business leaders representing a wide cross section of economic sectors.

MUSCAT: The State Council discussed a report prepared by the Enhanced Economic and Financial Committee on the draft state budget for the fiscal year 2024. The report will be returned to the Council of Ministers alongside the recommendations of the State Council and Majlis Ash’shura.

The Sultanate of Oman stands on the cusp of a potential sovereign credit upgrade after being upgraded for two consecutive years.

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.