Future Fund Oman unveils projects worth RO 830 million

Muscat: Future Fund Oman (FFO), the newest investment fund of the Oman Investment Authority (OIA), has rolled out an initial package of projects for implementation as collaborative initiatives involving international investors and local companies. https://www.omanobserver.om/article/1159996/business/economy/future-fund-oman-unveils-projects-worth-ro-830-million

read more

Oman regains investment grade rating ‘BBB-‘

New York – Standard & Poor’s has raised the Sultanate of Oman’s credit rating to “BBB-” from “BB+” with a stable outlook, in its second report, due to the country’s improved financial performance. https://www.omanobserver.om/article/1159750/business/economy/oman-regains-investment-grade-rating-bbb-

read more

OIA targets opportunities across Oman’s hydrogen value chain

MUSCAT: Oman Investment Authority (OIA) says it is poised to play a significant role across key facets of the hydrogen value chain with the goal of unlocking its full potential for investment and economic development in Oman. https://www.omanobserver.om/article/1156658/business/energy/oia-targets-opportunities-across-omans-hydrogen-value-chain

read more

Development of new SEZs, industrial zones makes headway across Oman

MUSCAT, JULY 14 As many as eight clusters, earmarked by the Omani government for development into Special Economic Zones, Free Zones and Industrial Cities, are currently in various stages of design and early development around the Sultanate of Oman, according to the Public Authority for Special Econ https://www.omanobserver.om/article/1156300/business/economy/development-of-new-sezs-industrial-zones-makes-headway-across-oman

read more

Wheat production in Oman surges 300%

MUSCAT: The Sultanate of Oman has witnessed a staggering 300% surge in wheat production from 2018 to 2023, reflecting the nation’s dedication to enhancing agricultural productivity and food security. https://www.omanobserver.om/article/1155695/business/economy/wheat-production-in-oman-surges-300

read more

OPAZ achieves record signing agreements in 2023

The Public Authority for Special Economic Zones and Free Zones (OPAZ) achieved record signing agreements in 2023, reflecting a robust commitment to economic growth and development. With cumulative investments reaching over RO 19. https://www.omanobserver.om/article/1154932/business/economy/opaz-achieves-record-signing-agreements-in-2023

read more