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Category: General

National Day: Oman announces opening of 10 projects

November 14, 2022

Muscat: As part of its efforts towards encouraging economic diversification, attracting investments, empowering the private sector, and creating job opportunities, the Oman Investment Authority (OIA) has announced the opening of national projects, which are part of its National Development Portfolio

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OIA’s assets exceed $40 billion: OIA president

November 10, 2022

Muscat: Abdulsalam al Murshidi, President of Oman Investment Authority (OIA) said that the fundamentals of Oman Vision 2040 focuses on the promising sectors which will be additions to the oil and gas sectors.

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Oman’s energy minister interview on CNBC

November 10, 2022
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Oman targets $140 billion investment in green hydrogen industry

October 28, 2022

The Sultanate of Oman, represented by the Ministry of Energy and Minerals, unveiled on Sunday its ambitious Green Hydrogen Strategy – an initiative that envisions an estimated $140 billion in investment in a new low-carbon energy industry.

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The Oman Investment Authority announces its investment in the US company Ascend Elements

October 28, 2022

Muscat: The Oman Investment Authority announced today its investment in the American company Ascend Elements, which specializes in recycling lithium-ion batteries that are used in electric vehicles; This is an embodiment of efforts to enhance the portfolio of generations in order to achieve financia

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Blocks in Duqm, Thamrait identified for green hydrogen projects

October 26, 2022

While the land has been identified in cooperation with the ministries of Defence, Housing and UUrban Planning, and Environment Authority, the Sultanate of Oman will be offering investors in hydrogen projects incentives such as minimum land fees, and waiving of land fees during developing stages.

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OIA, Omantel backed REIF IPO opens for subscription

October 17, 2022

The Pearl Real Estate Investment Fund (The Pearl REIF), the biggest Shariah-complaint fund of the Sultanate of Oman, has announced the opening of its initial Public Offering (IPO). Subscription opened on Sunday, October 16, and runs until October 30, 2022.

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President of Zanzibar meets Omani, Zanzibari businessmen

October 14, 2022

Dr. Hussain Ali Mwinyi, President of Zanzibar, met with a number of Omani and Zanzibari businessmen, on the sidelines of the Omani-Zanzibari Business Forum. This took place as part of his official visit to the Sultanate of Oman.

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General budget records over OMR1 billion surplus

October 13, 2022

Muscat: The state’s general budget has recorded a surplus of more than OMR1 billion by the end of August 2022, according to a financial performance bulletin published by the Ministry of Finance. The bulletin indicates a 47.

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Omani, Saudi firms sign agreements to invest in ICT sector

October 13, 2022

Muscat: Several agreements and memoranda of understanding (MoU) were signed here on Tuesday between Omani and Saudi companies to invest in the Information and Communications Technology (ICT) sector.

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Recent Posts

  • SOHAR Port and Freezone a pioneer in clean energy and hydrogen trade
  • Future Fund Oman unveils projects worth RO 830 million
  • Oman regains investment grade rating ‘BBB-‘
  • OIA targets opportunities across Oman’s hydrogen value chain
  • Development of new SEZs, industrial zones makes headway across Oman

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