oman

A Comprehensive Overview of Oman’s Debt Capital Market and Islamic Finance Landscape

The Islamic finance landscape in Oman is witnessing significant growth, surpassing $28 billion by the end of 2023, reflecting the…

2 years ago

Shareholders of Bank Muscat Approve the EMTN Program and Cash Dividend

With the approval of critical initiatives such as the EMTN Programme and a generous cash dividend, the Bank Muscat demonstrates…

2 years ago

OPES 2024: Promoting Sustainable Energy Solutions for Oman and Beyond

With a focus on reducing carbon emissions and achieving carbon neutrality goals, Oman aims to drive the energy sector towards…

2 years ago

Galfar Engineering & Contracting Company Sustains Growth Momentum Amidst New Contract Awards

Galfar Engineering & Contracting Company, Oman's leading construction firm, has experienced a notable increase in its order book, reaching RO579mn…

2 years ago

Masirah Oil Expands its Offshore Operations with a New Drilling Rig Contract

With plans to commence a multi-well program in mid-March 2024, Masirah Oil is poised to enhance production capabilities in the…

2 years ago

Overcoming Boundaries: Oman’s Polysilicon Plant Reaches $1.35 Billion Milestone

Oman Investment Authority initiates a $1.35 billion polysilicon plant at Sohar Freezone, targeting completion by 2025. United Solar Polysilicon (FZC)…

2 years ago

Etihad Rail, Oman, and Al Jazeera Steel Form a Strategic Collaboration

In a pioneering move, Oman, Etihad Rail Company, and Al Jazeera Steel have forged a transformative alliance to revolutionize logistics…

2 years ago

Oman’s Diversified Oil Strategy in 2023, Condensates Surge Amid Production Cuts

In 2023, Oman's oil strategy showcased resilience amid production cuts, with a daily average output of 1.048 million barrels. The…

2 years ago

Oman’s Fiscal Renaissance, A Testament to Economic Resilience and Strategic Reforms

Under the wise leadership of His Majesty Sultan Haitham bin Tarik, Oman has orchestrated a remarkable fiscal resurgence, achieving substantial…

2 years ago

Oman’s Fiscal Turnaround, A Deep Dive into the 2023 Debt Reduction and 2024 Budgetary Plans

In a noteworthy fiscal turnaround, Oman's public debt has seen a substantial reduction, dropping to 35% of the GDP in…

2 years ago