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
RO 155m mega solar project opens
IBRI: Ibri Solar Project, the largest renewable energy facility of its kind in the Sultanate of Oman, was inaugurated in the Wilayat of Ibri on Monday…. Read more on: https://www.omanobserver.om/article/1113209/oman/ro-155m-mega-solar-project-opens
Oman Investment Authority sells stake in Spanish tech firm
https://www.omanobserver.om/article/1113750/business/economy/oman-investment-authority-sells-stake-in-spanish-tech-firm
Nation’s Biggest petrochemical project launched
MUSCAT: His Highness Sayyid Asaad bin Tarik al Said, Deputy Prime Minister for Relations and International Cooperation and the Special Representative of His Majesty the Sultan, presided over the launch of the RO 2.7 billion Liwa Plastics mega project of OQ, the global integrated energy group of the Sultanate of…