Shenzhen recently kicked The Big Apple down a notch 17 Apr, 2022 China now hosts three cities with the greatest number of billionaires in the world, data from Global Rich List, an annual ranking prepared by the Shanghai-based research firm Hurun Report, shows. The greatest number of billionaires – 144…
OIA to privatise 30 companies by 2025
11 Apr 2022 Muscat – The government is planning to privatise more than 30 public companies by 2025, H E Abdul Salam bin Muhammad al Murshidi, chairman of Oman Investment Authority (OIA), has said. “The authority owns about 160 government companies. Privatisation is a successful process. The government must hand…
Vision to create investment-enabled environment
Published: 7:40 PM, Apr 11, 2022 MUSCAT: The Ministry of Commerce, Industry and Investment Promotion reviewed, during the annual media meeting on Monday, its executive work plan entitled “Enhanced and Enabled Environment” for 2022, encompassing important projects, programmes, initiatives and targeted investment sectors that contribute to the development of the…
Oman sees surge in foreign direct investment
Apr 11, 2022 The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) held its annual media meeting on Monday and reviewed the achievements of the last year…. Read more on: https://www.omanobserver.om/article/1117567/business/economy/oman-sees-surge-in-foreign-direct-investment
Oman’s public-private partnership crucial for economic development
Monday 11/April/2022 20:40 PM Muscat: Oman’s private sector – including businessmen and overseas investors – has a key role in job creation and stimulating economic growth alongside initiatives taken by the public sector, said Qais Al Yousef, the Minister of Commerce, Industry and Investment Promotion (MOCIIP). “We urge the establishment…
Pakistan envoy finds some traits of Pakistani nationals in Oman ‘unique’
Sunday 03/April/2022 21:02 PM Muscat: Pakistani nationals living in the Sultanate of Oman are eager to improve the lives of blue-collared countrymen, noted the Ambassador of Pakistan. Talking exclusively to TTV on its weekly show, T-Talk, H.E. Muhammed Imran Ali Chaudhary, Ambassador of Pakistan to Oman, said he noted some…
$1 bn Yiti Sustainable City set for 2025 completion
New landmark: The project will feature 1,657 eco-friendly and energy-efficient residential units including 300 villas. March 30 Oman Tourism Development Company (OMRAN Group) celebrated on Wednesday the launch of ‘The Sustainable City – Yiti’ in partnership with Diamond Developers – the leading company in developing sustainable communities. With an investment…
MSX to allow full foreign ownership in listed companies
In a move to attract more international investors and foreign capital inflows into the country, the Muscat Stock Exchange (MSX) plans to allow 100 per cent full foreign ownership in joint stock companies, according to a tweet from the Muscat bourse. https://www.omanobserver.om/article/1116910/business/markets/msx-to-allow-full-foreign-ownership-in-listed-companies
Oman holds potential for alternative energy: Study
Solar, tidal and wind energy resources can be the best alternatives to fossil fuel in future in the Sultanate of Oman, and experts called for an advanced Wind Energy Center in Duqm, according to a study conducted by the Sultan Qaboos University (SQU)…. Read more on: https://www.omanobserver.om/article/1114158/oman/oman-holds-potential-for-alternative-energy-study
Singapore SWF investment to bolster Omani green energy mega project – Oman Observer
https://www.omanobserver.om/article/1113642/business/economy/singapore-swf-investment-to-bolster-omani-green-energy-mega-project