JAALAN BANI BU HASSAN: The ‘Winter Al Tahayim’ season was inaugurated under the auspices of Dr Saud bin Hamoud al Habsi, Minister of Agriculture, Fisheries and Water Resources, in Jaalan Bani Bu Hassan, Al Sharqiyah South Governorate.
Investments in Khazaen Economic City surpass $1 billion mark
MUSCAT: Khazaen Economic City, an integrated multipurpose hub located on Muscat’s doorstep, has already snagged over $1 billion in project investments as of end-2023 – a milestone that earned it the coveted ‘Fastest Growing Investment Destination’ accolade at an awards ceremony held in Dubai
Opportunity Oman: RO 2 billion to fuel future investment
Recognising the need to steer Oman towards a prosperous future, the Oman Investment Authority (OIA) has unveiled a groundbreaking initiative – the Future Fund Oman.
MoF launches new Sustainable Finance Framework for 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.
Multiple initiatives to strengthen Oman’s fiscal performance in 2024
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.
Procurement process kicks off for 500 MW Ibri III Solar IPP
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).
Agreement signed for oil and gas exploration in Blocks 38 and 74
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.
SNF announces $250mn expansion plan in Oman
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.
Total endowment assets in 2023 stood at OMR14mn
Muscat: Total new endowment assets in 2023 stood at more than OMR14 million, according to the Ministry of Endowments and Religious Affairs.
Agreement inked to implement preliminary tasks of Sultan Haitham City’s phase 1 works
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.