Duqm Economic Forum-Unveiling Oman’s Green Economic Revolution and Investment Potential
The First Duqm Economic Forum has concluded, leaving a remarkable impact on Oman’s economic vision. It highlighted the pivotal role of the Special Economic Zone at Duqm (SEZAD) in fostering renewable energy, green manufacturing, and global trade. Duqm is pioneering the nation’s journey toward a green economy by utilizing solar and wind-generated energy. The forum showcased Oman’s potential as a future renewable energy superpower, with a special focus on a green steel industry cluster. Young entrepreneurs also took center stage, reflecting the nation’s innovative spirit and ambition. This forum marks a significant step towards Oman’s sustainable and prosperous future.
Robust Fuel Sales Drive Profits for Oman’s Oil Marketing Companies in Q1 2023
Fueling Success: Oman’s Oil Marketing Companies Soar to New Heights in Q1 2023. Robust sales drive profits, with Oman Oil Marketing Company leading the charge, witnessing a remarkable 16% increase in net profit. Al Maha Petroleum also shines with a staggering 74% year-on-year growth. While Shell Oman’s Marketing faces a slight decline, the industry remains resilient and adaptive. As Oman’s economy flourishes, these companies spearhead sustainable development and meet energy demands.
