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Oman participates in meeting of WIPO Assemblies of Member States

Oman participates in meeting of WIPO Assemblies of Member States

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

Oman launches $200m energy transition fund

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...

Omani Rial to Pakistani rupee rate; July 09, 2025

Omani Rial to Pakistani rupee rate; July 09, 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...

Maoosam M Mistry bags ‘Mrs India Oman’ title

Maoosam M Mistry bags ‘Mrs India Oman’ title

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

AL HASHAR LAUNCHES THE PEUGEOT ALL-NEW 3008 IN OMAN

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...

OPEC to raise September production by 550,000bpd

OPEC to raise September production by 550,000bpd

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...

Oman launches first energy transition fund worth $200 million

Oman launches first energy transition fund worth $200 million

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

Oman’s first energy transition fund launched

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

Oman: Tender launched for $103mln Spray Boulevard project in Salalah

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...

PDO to Invest USD 1 Billion to Power Oman’s Gas and Renewables Push

PDO to Invest USD 1 Billion to Power Oman’s Gas and Renewables Push

PDO ramps up Oman’s dual-energy game with a USD 1 billion gas project targeting Haima fields, while teaming up with global partners for 300 MW of solar and wind power by 2026. July 09, 2025. By EI News Network Petroleum Development Oman (PDO) is...

Raysut Industrial City boosts Oman’s pharmaceutical security with RO 55 million medical industry investments

Raysut Industrial City boosts Oman’s pharmaceutical security with RO 55 million medical industry investments

MUSCAT : This surge supports Oman’s pharmaceutical security goals and aims to meet growing demand in both local and regional markets. Currently, the industrial city is finalising contracts for three new projects focused on the production of eye...

Bank Muscat receives global certification for Payment Card Industry Data Security Standard

Bank Muscat receives global certification for Payment Card Industry Data Security Standard

MUSCAT : In a move that underscores its commitment to adopting the latest cybersecurity standards and investing in advanced protection technologies, Bank Muscat, the leading financial services provider in the Sultanate of Oman, announced it has...

Onesta Ghana launches Redgold Oil Palm Plantation project to boost local production and cut imports

Onesta Ghana launches Redgold Oil Palm Plantation project to boost local production and cut imports

Onesta Ghana Ltd, an agro-industrial enterprise, has officially launched the Redgold Oil Palm Plantation Project (ROPP), a transformative Public-Private Partnership (PPP) aimed at building a sustainable and fully integrated oil palm value chain in...

First energy transition fund worth $200 million launched in Oman

First energy transition fund worth $200 million launched in Oman

The Oman Investment Authority (OIA) on Wednesday announced the launch of the first investment fund specializing in energy transition in the Sultanate of Oman, in partnership between the Oman Future Fund and the Chinese company Templewater. The...

Google Pay - a contactless payment option for Oman's Android users

Google Pay - a contactless payment option for Oman's Android users

Muscat: Google recently announced the start of Google Pay or Google Wallet in two new countries, Lebanon and Oman, which can be used via Android phone devices. While making an announcement, the company said Google Pay allows people to pay and make...

Oman: Digital healthcare booming

Oman: Digital healthcare booming

The global healthcare market is undergoing a massive paradigm shift from the conventional way to digital healthcare, a long-overdue transformation, and the reflections are felt across the region too. In 2024, the market attracted $25.1 billion...

Oman launches 'Space Accelerators Program' to boost local innovation

Oman launches 'Space Accelerators Program' to boost local innovation

Muscat: The Ministry of Transport, Communications and Information Technology (MTCIT) has officially launched the "Space Accelerators Program," a strategic initiative designed to empower Omani startups in developing cutting-edge space-related...

Oman among top 10 best-performing economies in the world

Oman among top 10 best-performing economies in the world

MUSCAT : The Sultanate was ranked 8th with a score of 18.78, reinforcing its reputation as a stable and attractive investment destination amid global economic uncertainties. This consistent high performance builds on Oman’s achievement in the 2024...

Oman's Sur Industrial City attracts $25mln investment in chemical industry

Oman's Sur Industrial City attracts $25mln investment in chemical industry

Sur - Sur Industrial City, an affiliate of the Public Establishment for Industrial Estates “Madayn”, signed an investment contract with Al Ghaith Industries to establish a factory for the production of Trichlorosilane. The facility will be built...

Oman launches $200mln energy transition fund in partnership with China’s Temple Water

Oman launches $200mln energy transition fund in partnership with China’s Temple Water

Oman has launched its first investment fund dedicated to the energy transition, in a joint initiative between Future Fund Oman, managed by the Oman Investment Authority (OIA), and China-based Temple Water. The new fund has an initial capital of 77...

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