AviationFeaturedTRANSOM SATS, paving a new way for air cargo in OmanInternational Finance Business DeskDecember 8, 2021December 9, 2021 by International Finance Business DeskDecember 8, 2021December 9, 2021 The Covid-19 crisis proved that air cargo is one of the most critically important industries... Read more
EnergyFeaturedSolar to account for 21% of Oman’s energy needs by 2030IFM CorrespondentNovember 18, 2021 by IFM CorrespondentNovember 18, 2021 Around 30% of the Sultanate’s energy needs will be met by renewable energy... Read more
FeaturedPorts and ShippingSohar Port in Oman to introduce bunkering servicesInternational Finance Business DeskSeptember 2, 2021 by International Finance Business DeskSeptember 2, 2021 Sohar Port and Freezone signed an agreement with Hormuz Marine... Read more
FeaturedPorts and ShippingOman’s largest port handles 2.1 mn containers during H1 2021International Finance Business DeskAugust 9, 2021 by International Finance Business DeskAugust 9, 2021 The Port of Salalah also handled 8.8 mn general cargo goods during the same period... Read more
FeaturedPorts and ShippingOman’s port of Duqm seeks operator for new container terminalInternational Finance Business DeskJuly 16, 2021 by International Finance Business DeskJuly 16, 2021 An international tender has been launched to grant a 30-year licence... Read more
EconomyFeaturedOman’s GDP is projected to grow by 2.5%: IMFInternational Finance Business DeskJuly 7, 2021July 8, 2021 by International Finance Business DeskJuly 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
EnergyFeaturedOman LNG and Shell to deliver the Sultanate’s first carbon-neutral LNG cargoInternational Finance Business DeskJune 9, 2021 by International Finance Business DeskJune 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
EnergyFeaturedOman to establish the world’s first solar-powered Direct Air Capture projectInternational Finance Business DeskApril 21, 2021 by International Finance Business DeskApril 21, 2021 The project will capture CO2 from the atmosphere for eventual utilisation in industrial applications... Read more
EconomyFeaturedOman implements 5% VATAshwini sekarApril 19, 2021 by Ashwini sekarApril 19, 2021 Oman becomes the fourth GCC country to introduce VAT... Read more
EconomyFeatureMagazineGCC establish economic diversification amid Covid-19International Finance Business DeskMarch 31, 2021April 8, 2021 by International Finance Business DeskMarch 31, 2021April 8, 2021 Oil and gas production continues to represent over 40 percent of GDP in most of the economies... Read more