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Oman
Oman
Oman’s Hydrom secures $11 billion worth of contracts for green hydrogen projects
The country’s hydrogen production capacity reaches 1.38 million tons/year with new deals
Energy
Oman LNG signs 10-year supply agreement with TotalEnergies
TotalEnergies also announces final investment decision for Oman's Marsa LNG project
Economy
Inflation in Oman up 0.2 percent in March on rising food prices
Prices of food and non-alcoholic beverages group saw a significant rise of 3.4 percent
Hospitality & Tourism
Oman’s airports see 21.8 percent surge in passenger traffic in February
Muscat International Airport leads Oman's airport traffic growth
Energy
Oman LNG inks 10-year supply contract with Japanese firm JERA
Oman LNG will supply up to 0.8 million metric tons of LNG annually to JERA starting in 2025
Logistics
Oman’s trade surplus reaches $2.27 billion by January end
The country recorded a surplus of $1.78 billion during the same period in 2023
Logistics
Oman’s top ports handle over 93.2 million tons of cargo in 2023
The was also a 4.3 percent increase in berthed ships in 2023, reaching around 11,005 vessels
Markets
Oman’s central bank issues treasury bills worth $163.67 million this week
Value of T-bills with a maturity of 364 days reached OMR40.7 million
Economy
Oman outlook raised to positive on strengthening fiscal position: Report
Oil production cuts to keep economic growth low at about 1.4 percent in 2024
Banking & Finance
Oman to embrace IBAN system: A new era of seamless financial transactions
A significant step forward in modernising Oman’s financial infrastructure, says CBO
Banking & Finance
Oman’s fund to invest $4.7 billion in large-scale projects over next 5 years
Supporting economic diversification in line with Oman Vision 2040
Hospitality & Tourism
Oman’s airports see over 2.7 million passengers in first two months of 2024
Muscat airport leads growth with over 2.4 million passengers
Energy
Oman LNG inks deal to provide LNG supply to Germany’s SEFE
The LNG deliveries from Oman to Germany scheduled between 2026 and 2029
Industry
Oman’s Suhar Industrial City signs $6.2 million investment contracts for specialized projects
The projects specialize in plastic products, medical devices, and mattresses
Logistics
Oman’s $40 million projects, $49 million investment opportunities revealed
20 empowerment initiatives also launched to foster growth and vibrancy in the cultural and innovative industries
Markets
Central Bank of Oman raises $181.84 million through T-bill allotment
The T-bills with a maturity period of 28 days have been allotted a value of $12.98 million
Oman
Real estate transactions in Oman surpass $539 million by January 2024
Oman’s real estate deals surged to $6.7 billion in 2023
Industry
Oman empowers industrial jobseekers: A collaborative agreement for skill enhancement
A comprehensive training program will be developed to refine the participants' skills
Logistics
Oman’s MTCIT achieves 66 percent revenue growth, surpassing $77.9 million
The allocation of funds is geared towards road construction and maintenance
Economy
Oman’s state revenues exceed $2.6 billion in January 2024
Government investments reaching OMR200 million drive growth
Hospitality & Tourism
Oman sees 21.6 percent rise in airport passenger traffic in January 2024
Ambitious targets of 11 million tourists annually set in line with Oman Vision 2040
Oman
Oman reveals $1.3 billion waterfront project in Muscat Downtown
The 3.3 million sq m project has been designed by Zaha Hadid Architects
Hospitality & Tourism
Oman reveals plans for new $2.4 billion mountain destination on Jabal Al Akhdar
The destination is expected to attract more than 8,000 residents and an average of 2,350 overnight visitors and 2,000 daily visitors.
Oman
Oman awards $2.58 billion deals for Sultan Haitham City project
Mega development set to transform Muscat's urban landscape
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