Oman

Oman, Singapore supporting sustainable aquaculture growth

Two nations announced strategic partnership to address food security

Expats fuel high population growth in Oman

Omanis constituted 57.62 percent with 2,881,313 citizens

Major progress likely on Oman transport projects in 2023

Rail, road and aviation plans gain traction

97% of engineering firms in Oman struggled to recruit in 2022

66% of companies reported increase in staff members

A 4.1-magnitude earthquake reported in Oman

Oman collected over $949,000 for Türkiye and Syria quake victims

MSX listed securities now available for digital trading

Following the bourse's joining to the Tabadul platform

Oman industrial projects key to diversification goals

Manufacturing investments being incentivised

Oman gets on IPO bandwagon with 49% of OQ shares

Investment Authority plans to raise over $1.3 billion

Oman Cables launches the Global Sustainability Academy

Involving all the 29,000 Prysmian employees across over 50 countires

Oman to build a $3 bn green steel production plant

To provide steel for the automotive sector

Oman Cables offers its employees inclusive share ownership plan

Plan will serve as a core driver to improve employee engagement

Oman Cables races ahead toward sustainability targets

In line with Sultanate’s 2050 Net-Zero Carbon Vision

Oman’s budget surplus increases to $2.8 bn

Driven by higher oil revenues, ongoing fiscal reforms

IMF praises Oman economic recovery

Boosted by high oil prices and disappearing Corona restrictions

Oman will ban import of plastic bags as of this date

Decision will have no effect on local plastic bag factories

Oil and gas drive up producer prices in Oman

Producer prices increased by 40.7 percent in Q2

Oman’s first-ever PPP schools project has 10 bidders

10 bidders have been qualified to proceed to the next stage

Omani economy exceeds expectations, Fitch rating improves

Important surplus in budget first since 2013