Hydrom, the orchestrator and master planner of Oman’s green hydrogen industry, has announced the incorporation of a new company, provisionally named ‘InfraCo’, to set up common infrastructure that will be shared by developers of green hydrogen (gH2) projects in the Sultanate of Oman.
HM leaves for Singapore on 3-day state visit
MUSCAT: His Majesty Sultan Haitham bin Tarik left on Wednesday for the Republic of Singapore on a three-day state visit, which comes in response to the kind invitation from the President of Singapore and in affirmation of the deep-rooted and strong historical relations between Oman and Singapore.
UAE President receives HH Sayyid Theyazin
Abu Dhabi: Shaikh Mohammed bin Zayed al Nahyan, President of the United Arab Emirates (UAE) received in Al Shati Palacein Abu Dhabi on Wednesday HH Sayyid Theyazin bin Haitham al Said.
Agreement signed to operate, manage free zone at Muscat Airport
Muscat: The Public Authority for Special Economic Zones and Free Zones (Opaz) and Asyad Group signed a momentous concession agreement to kick off the development of the highly anticipated Muscat International Airport Free Zone.
Hydrogen-powered cars to make Oman debut at GHSO 2023
MUSCAT: A convoy of hydrogen-powered SUVs — showcasing BMW’s groundbreaking iX5 Hydrogen model — arrives in Muscat this week, en route from COP28 in Dubai, to mark the start of the Green Hydrogen Summit Oman (GHSO) 2023, at the Oman Convention and Exhibition Centre from December 12, 2023.
Manah-1 solar project secures $301m in funding
MUSCAT: A trio of international financial institutions has come together to provide $301.8 million in project finance towards the construction of a 500 MW capacity solar PV project currently in the initial stages of development at Manah in Oman’s Al Dakhiliyah Governorate.
Oman’s next big 1000 MW solar project planned for launch in 2029
MUSCAT: Nama Power & Water Procurement Company (Nama PWP), the sole buyer of power and water output in the Sultanate of Oman, has identified for procurement a new large-scale solar PV based Independent Power Project (IPP) with a launch date penciled in for 2029.
Moody’s upgrades Oman’s credit rating to Ba1 with stable outlook
MUSCAT: International ratings agency Moody’s has raised Oman’s credit rating for the second time in a row from Ba1, up from Ba1, and revise the outlook to ‘stable’, from ‘positive’.
State-of-the-art shrimp farm project launched
MUSCAT: Fisheries Development Oman (FDO) – part of Oman Investment Authority (OIA) – celebrated on Thursday, December 7, 2023, the formal opening of a major shrimp farming project at Al Khuwaymah in Jalan Bani Bu Ali Wilayat.
5-year fisheries investment strategy unveiled in Oman
MUSCAT: The Ministry of Agriculture, Fisheries, and Water Resources (MAFWR) has rolled out a strategic plan, offering lucrative investment openings for the management and operation of fish markets in the Sultanate of Oman.