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India's iron ore pellet makers seek curbs on Iranian imports via Oman

India's iron ore pellet makers have urged the government to curb a surge in imports routed through Oman, which they say originate from Iran despite U.S. sanctions, warning that the cheaper supplies could hurt the local industry, sources and an...

Oman’s Duqm emerges as global hub for green steel production; Meranti secures gas allocation

Oman’s Duqm emerges as global hub for green steel production; Meranti secures gas allocation

MUSCAT – Meranti Green Steel confirmed that it has received a provisional commitment for natural gas supply from Oman’s Integrated Gas Company (IGC), the nation’s sole gas aggregator and supplier. The announcement, shared by the company on...

Oman launches first energy transition fund with RO 77 million capital

Oman launches first energy transition fund with RO 77 million capital

MUSCAT – The fund, established in partnership with Templewater, a Hong Kong-based firm specialising in financing clean energy and emission reduction projects, marks a major milestone in Oman’s green investment strategy. With a capital of RO 77...

Tech Mahindra committed to invest in upskilling and reskilling local Omani talent

Tech Mahindra committed to invest in upskilling and reskilling local Omani talent

Muscat: India-based IT services major Tech Mahindra has a significant footprint in Oman and offers a wide range of services from 5G and AI to cloud and cybersecurity. The tech major brings global expertise to co-create innovative, future-ready...

PDO leads Oman’s energy push with $1bln gas project

PDO leads Oman’s energy push with $1bln gas project

MUSCAT: Petroleum Development Oman (PDO) is powering Oman’s dual energy strategy with a $1-billion gas development project and major new investments in renewable energy, according to the Ministry of Energy and Minerals’ 2024 Annual Report. The...

Future Fund Oman And Templewater Launch The Sultanate's First Energy Transition Fund

Future Fund Oman And Templewater Launch The Sultanate's First Energy Transition Fund

(MENAFN- PR Newswire) Initial capital base of US$200 million, acting as a catalyst to unlock further capital and attract high-quality, scalable investment opportunities aligned with Oman Vision 2040 First dedicated energy transition fund launched...

Photo of Millicent Omanga in the arms of two strong-armed Chippendales men excites Kenyans

Photo of Millicent Omanga in the arms of two strong-armed Chippendales men excites Kenyans

Politician and businesswoman Millicent Omanga [Courtesy] A photo of Kenyan politician and businesswoman Millicent Omanga being lifted by two shirtless male dancers in the United States has gone viral, stirring up reactions across social media. The...

Oman among world’s top ten in IAREM ranking, signals strong investment climate

Oman among world’s top ten in IAREM ranking, signals strong investment climate

MUSCAT: Oman has once again secured a position among the world’s best-performing economies, according to the latest Independent Australia Ranking on Economic Management (IAREM), reinforcing its reputation as a stable and attractive investment...

Oman launches national initiative to boost jobs for persons with disabilities

Oman launches national initiative to boost jobs for persons with disabilities

Muscat – A national initiative was launched on Tuesday to enhance employment opportunities for persons with disabilities in the private sector, reinforcing the sultanate’s commitment to social inclusion and economic empowerment. The announcement...

Oman to unveil initiatives in Cybersecurity, AI at COMEX 2025

Oman to unveil initiatives in Cybersecurity, AI at COMEX 2025

Muscat – The Ministry of Transport, Communications and Information Technology (MTCIT) has announced plans to launch several digital initiatives in the fields of cybersecurity and artificial intelligence (AI) in September 2025. The announcement was...

du and Omantel Activate Oman Emirates Gateway to Boost Regional Connectivity

du and Omantel Activate Oman Emirates Gateway to Boost Regional Connectivity

du, the leading telecom and digital services provider, and Omantel, the leading provider of integrated telecommunication services in the Sultanate of Oman and a regional leading telecom and technology provider in the Middle East, announced the...

Business ExtraWhat does Oman's new income tax mean for the Gulf?

Business ExtraWhat does Oman's new income tax mean for the Gulf?

The absence of income tax has helped to attract people from around the world to move to the Gulf. But one country is set to change direction. Oman recently announced it will be the first country in the region to introduce personal income tax....

Oman signs deals to develop Al-Dhahirah economic zone

Oman signs deals to develop Al-Dhahirah economic zone

Opaz has awarded contracts and signed agreements as part of the first phase of development of the Economic Zone at Al-Dhahirah, which also has Saudi Arabia’s backing Become a MEED subscriber for unlimited access to: Exclusive news, comment and...

Shura Committee reviews Omani workforce training in energy sector

Shura Committee reviews Omani workforce training in energy sector

Muscat: The Youth and Human Resources Committee conducted field visits to Takatuf Petrofac Oman and the Oman Energy Institute. The visits aimed to assess the implementation of training programmes and their alignment with employment needs in Oman’s...

New green steel project planned in Oman

New green steel project planned in Oman

MUSCAT: Singapore-based Meranti Green Steel (MGS), a leading player in low-carbon steel production in the Asia-Pacific region, has announced further progress in its plans to invest in a major green steel project at the Special Economic Zone at...

COMEX 2025 to propel Oman as regional powerhouse for digital innovation

COMEX 2025 to propel Oman as regional powerhouse for digital innovation

MUSCAT: The Ministry of Transport, Communications and Information Technology (MoTCIT) and Arabian Research Bureau hosted a press conference yesterday to showcase this year’s edition of COMEX, Oman's premier digital economy and technology...

Oman’s insurers on the decline

According to the International Association of Insurance Supervisors (IAIS), the number of insurers operating in Oman has shrunk in recent years, from 23 in 2011 to 17 in 2025. This decline is largely due to mergers, the withdrawal of foreign...

Oman: CPA warns against used, expired tyres

Oman: CPA warns against used, expired tyres

Muscat – With temperatures rising across the sultanate, authorities are warning against the use of used and expired tyres, citing their role in serious traffic accidents, particularly on long-distance routes and high-speed roads. Consumer...

Oman: Over 1,300 financial violations registered in 2024

Oman: Over 1,300 financial violations registered in 2024

Muscat – State Audit Institution (SAI) registered 1,378 public complaints and reports in 2024 concerning financial and administrative violations, abuse of authority and breaches in public tendering processes. According to its annual report, 90% of...

Tetrete Foundation calls for support to complete construction of Amenfi State University College  

Tetrete Foundation calls for support to complete construction of Amenfi State University College  

Amenfi (W/R), July 8, GNA – Tetrete Foundation, an education-oriented NGO, has called for support to help complete the Amenfi State University College which has been under construction for the past four years. Mr Shadrach Ainoo, Executive...

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