Read the latest news from regional and global sources, presenting different voices and perspectives.
Oman launches $200M clean energy fund with China’s Templewater
Al-Monitor
·
July 9, 2025
Future Fund Oman, a fund owned by the country’s sovereign wealth fund, the Oman Investment Authority, and Hong Kong-based alternative asset manager Templewater have established a clean energy fund worth $200 million. The Energy Transition Fund,...
Oman launches space accelerator programme to boost innovation
Oman Observer
·
July 9, 2025
MUSCAT: In a significant move in furtherance of Oman Vision 2040, the Sultanate of Oman has launched the Oman Space Accelerators Programme—an innovative programme to foster in-country capabilities in the global space sector and establish a...
Oman crude oil price climbs to $72.17 per barrel
Oman Observer
·
July 9, 2025
MUSCAT: The official price of Oman crude oil for September delivery rose by $1.28 on Tuesday, settling at $72.17 per barrel, up from $70.89 the previous day. However, the monthly average price for Omani crude in July fell to $63.62 per barrel,...
OIA announces US$200mn fund to accelerate energy transition
Muscat Daily
·
July 9, 2025
Muscat – Oman Investment Authority (OIA) has announced the launch of the sultanate’s first investment fund dedicated to the energy transition in partnership with China-based alternative asset manager Templewater. The joint initiative, backed by...
Medical sector investments in Raysut Industrial City surpass RO 55 million
Oman Observer
·
July 9, 2025
MUSCAT: Raysut Industrial City, an affiliate of the Public Establishment for Industrial Estates (Madayn), is making significant strides in expanding its medical industries and supplies cluster, marking a significant step toward enhancing health...
Why more young Omanis turn to creative careers
Oman Observer
·
July 9, 2025
In Oman, jobs in government, engineering, or medicine were seen not only as stable but also as respectable — the roles families encouraged with pride. But today, more young Omanis are redefining what success looks like. A new generation is...
40 projects worth RO 1.8 billion localised via Invest Oman platform
Oman Observer
·
July 9, 2025
MUSCAT: A total of 40 high-value investment projects, valued at approximately RO 1.8 billion, have been successfully localised across Oman’s special economic zones, free zones, and industrial cities, signalling a major step forward in the...
Oxy Oman reveals 10 new hydrocarbon finds in 2024
Oman Observer
·
July 9, 2025
MUSCAT: Oxy Oman, a wholly owned subsidiary of the US-based independent oil and gas firm Occidental, announced a haul of 10 new oil and gas discoveries across its expansive portfolio of eight upstream hydrocarbon concessions in the Sultanate of...
OIA launches $200 million JV energy transition fund
Oman Observer
·
July 9, 2025
MUSCAT: Oman Investment Authority (OIA) launched a $200 million joint energy transition fund here yesterday, July 9, 2025. ‘The Energy Transition Fund’ is the result of a partnership between OIA’s Future Fund Oman (FFO) and Chinese investment firm...
Oman participates in meeting of WIPO Assemblies of Member States
Times of Oman
·
Geneva: The Sultanate of Oman is taking part in the 66th session of Assemblies of Member States of the World Intellectual Property Organisation (WIPO), held in Geneva, Switzerland, until 17 July 2025. Oman's delegation is led by Dr. Saleh Said...
Oman launches $200m energy transition fund
Deal Street Asia
·
Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund, and pan-Asia alternative asset manager Templewater have partnered to drive investments in the energy transition and advanced manufacturing sectors in the sultanate. The Energy...
Bulgarian, Omani Economy Ministers Discuss Intensifying Cooperation in Trade and Investment
Bulgarian News Agency
·
Minister of Economy and Industry Petar Dilov held a meeting with Dr. Said Mohammed Al-Saqri, Minister of Economy of the Sultanate of Oman, who is on an official visit to Bulgaria, the press centre of the line ministry said on Wednesday. The two...
Local medicines: A boost for ‘Made in Oman’ campaign
Oman Observer
·
July 9, 2025
Muscat: In a significant leap for Oman’s pharmaceutical industry, Philex Pharmaceuticals Factory in Salalah has successfully reached its full production capacity, now manufacturing over 100 registered medical products across various therapeutic...
Omani Rial to Pakistani rupee rate; July 09, 2025
ARY News
·
July 9, 2025
The Omani Rial (OMR) is trading at a rate of Rs 748.9 against the Pakistani Rupee (PKR) in the open market on Wednesday, July 09. The buying and selling rates for OMR were recorded at Rs 739.9 and Rs 748.9, respectively. The exchange rates for...
OPEC to raise September production by 550,000bpd
New National Star
·
July 9, 2025
BY SAM OTUONYE Investigations have revealed that the apex oil group, Organization of Petroleum Exporting Countries (OPEC) would hike output by September. The OPEC+ oil producers are set to approve another big output boost for September as they...
Maoosam M Mistry bags ‘Mrs India Oman’ title
Muscat Daily
·
July 9, 2025
Indian boutique owner in Muscat, Maoosam M Mistry bags the ‘Mrs India-Oman’ title at the Haut Monde Mrs India Worldwide 2025 beauty pageant held at Bahi Ajman Palace, Ajman, UAE, on June 20. “My motivation was to show that women at any stage of...
AL HASHAR LAUNCHES THE PEUGEOT ALL-NEW 3008 IN OMAN
Muscat Daily
·
July 9, 2025
PEUGEOT Oman has launched the All-New 3008, a modern Fastback SUV that truly sets new standards in sophistication, performance and technology. PEUGEOT has transformed the 3008, taking the creativity of its design and driving pleasure to a whole...
Oman launches first energy transition fund worth $200 million
The Arabian Stories
·
July 9, 2025
MUSCAT: Future Fund Oman (FFO), an Oman Investment Authority (OIA) Fund and Templewater, a leading pan-Asia alternative asset manager announced on Wednesday the launch of the Energy Transition Fund. This marks the first dedicated fund of its kind...
Oman’s first energy transition fund launched
Times of Oman
·
Muscat: Oman Investment Authority (OIA) has announced the launch of the Sultanate of Oman’s first investment fund dedicated to the energy transition, established through a strategic partnership between the ‘Future Fund Oman (FFO)’ and Templewater,...
Oman: Tender launched for $103mln Spray Boulevard project in Salalah
Zawya
·
SALALAH – With its lush landscapes and monsoon mist, Salalah has always been a magnet for visitors seeking escape and serenity. Now, that natural beauty is being transformed into something lasting. Oman has officially launched the tender for the...