Published: 6:57 PM, Jun 08, 2021 New records: Oman’s ports rated No. 1 in the world in terms of speed of container handling, as per the UNCTAD annual index 2020 BUSINESS REPORTER MUSCAT, JUNE 8 Despite the challenges posed by the ongoing global pandemic, the Port of Salalah not only…
Oman to unveil RO 200 million worth of industrial investment opportunities
Published: 7:43 PM, May 29, 2021 MUSCAT, MAY 29 The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) will unveil tomorrow, May 31, 2021, as many as 50 different investment opportunities in the Sultanate’s industrial sector. Qais bin Mohammed al Yousuf, Minister of Commerce, Industry and Investment Promotion, will outline…
Expat population in Oman drops to 38.8%
May 16, 2021 | Oman Observer The Omanis constituted 61.2 per cent of the national population compared to 38.8 expatriates as of May 15, 2021. The expatriates constituted 38.9 per cent at the end of March this year. The total population of the Sultanate is 4,507,468, including 2,757,983 Omanis and…
Food products from Omani wheat to hit market soon
Published: 7:39 PM, May 16, 2021 | Oman Observer Majority state-owned Oman Flour Mills, the biggest flour miller in the Sultanate, is weighing a series of investments and initiatives that will further expand and diversify its presence in the country’s rapidly growing processed food industry. Notable is a plan to…
Adoption of cloud services to create 15,800 jobs by 2024
16 May 2021 | Muscat Daily The increased adoption of cloud services is expected to create more than 15,800 jobs across the sultanate by 2024, according to a new research by International Data Corporation (IDC). The IDC is a premier global provider of market intelligence, advisory services, and events for…
Oman sets new launch dates for Manah Solar I & II power projects
May 13, 2021 | Oman Observer MUSCAT, May 13 The Omani government’s plans for the procurement of two major utility-scale solar powered projects in the interior of the country are still on track, although implementation and commercial operation timelines are expected to be delayed by a year. According to Oman…
Omanisation of some professions in supermarkets, malls
Published: 6:16 PM, May 02, 2021 The Ministry of Labor has urged owners of shopping malls and supermarkets to adhere to ministerial decree 2021/8, which stipulates that the practice of some professions in shopping malls and supermarkets will be restricted to Omanis from July 20, 2021. The practice of the…
Omran signs agreement to promote Oman globally
Published: 2:26 PM, May 09, 2021 Oman Tourism Development Company (Omran) – the executive arm of the Sultanate for tourism development – has signed an agreement to support and sponsor “Oman Infocus” project to produce a series of documentary films that highlight the richness, the fascinating environmental diversity and the…
Sultanate’s risky maritime zone designation rescinded
OMAN NEWS AGENCY (ONA) Published: 1:56 PM, May 10, 2021 The Sultanate, represented by the Ministry of Transport, Communications and Information Technology, and in coordination with the Foreign Ministry, the Maritime Security Centre and Asyad Group, has been able to lift Omani seas and ports from the high maritime risk…
$826m LPG project begins trial operation in Salalah
Published: 10:02 PM, May 03, 2021 MUSCAT, MAY 3 – Oman’s first liquefied petroleum gas (LPG) extraction plant has commenced trial production at Salalah Free Zone in Dhofar Governorate. OQ LPG, a subsidiary OQ Gas Networks (part of OQ Group – the Sultanate’s integrated global energy group) was set up…