Featured Ports and ShippingSohar Port in Oman to introduce bunkering servicesWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 Sohar Port and Freezone signed an agreement with Hormuz Marine... Read more
Featured Ports and ShippingOman’s largest port handles 2.1 mn containers during H1 2021WebAdminAugust 9, 2021 by WebAdminAugust 9, 2021 The Port of Salalah also handled 8.8 mn general cargo goods during the same period... Read more
Featured Ports and ShippingOman’s port of Duqm seeks operator for new container terminalWebAdminJuly 16, 2021 by WebAdminJuly 16, 2021 An international tender has been launched to grant a 30-year licence... Read more
Economy FeaturedOman’s GDP is projected to grow by 2.5%: IMFWebAdminJuly 7, 2021July 8, 2021 by WebAdminJuly 7, 2021July 8, 2021 The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021... Read more
Energy FeaturedOman LNG and Shell to deliver the Sultanate’s first carbon-neutral LNG cargoWebAdminJune 9, 2021 by WebAdminJune 9, 2021 The first carbon-neutral liquefied natural gas (LNG) cargo will be delivered to the Middle East from Oman LNG’s export facility in Qalhat, Sur... Read more
Energy FeaturedOman to establish the world’s first solar-powered Direct Air Capture projectWebAdminApril 21, 2021 by WebAdminApril 21, 2021 The project will capture CO2 from the atmosphere for eventual utilisation in industrial applications... Read more
Economy FeaturedOman implements 5% VATAshwini sekarApril 19, 2021 by Ashwini sekarApril 19, 2021 Oman becomes the fourth GCC country to introduce VAT... Read more
Economy Feature MagazineGCC establish economic diversification amid Covid-19WebAdminMarch 31, 2021April 8, 2021 by WebAdminMarch 31, 2021April 8, 2021 Oil and gas production continues to represent over 40 percent of GDP in most of the economies... Read more
Energy FeaturedBP agrees to sell 20% stake in Oman’s Block 61 for $2.6 bnPritam BordoloiFebruary 2, 2021 by Pritam BordoloiFebruary 2, 2021 The stakes will be sold to Thailand’s PTT Exploration and Production... Read more
Energy FeaturedOman announces the foundation of a new state-owned energy companyPritam BordoloiDecember 8, 2020 by Pritam BordoloiDecember 8, 2020 The purpose of the new company is to transfer government stake in Concession Area 6 to EDO... Read more