Nama Power & Water Procurement Company Receives Bids for Two Major IPPs

MUSCAT: Nama Power & Water Procurement Company has announced that it has received bids from 12 leading international and regional developers for two significant Independent Power Projects (IPPs). This marks an important step in the company’s ongoing efforts to enhance the country’s energy infrastructure. The bids were received for the development of two new power…

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Trump Extends TikTok Deadline for Second Time

USA: In a significant move, President Donald Trump has once again extended the deadline for TikTok’s potential ban in the United States. The decision comes amid ongoing negotiations between TikTok’s parent company, ByteDance, and U.S. officials concerning national security concerns. Trump had previously set a deadline for September 2020, but now, with the deadline pushed…

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Oman And US Mark 15 Years Of FTA

USA: In December 2024, the Ministry of Commerce, Industry and Investment Promotion commemorated the 15th anniversary of the Oman-United States Free Trade Agreement (FTA), a landmark accord that has significantly shaped bilateral economic relations. Since its implementation in 2009, the agreement has reduced trade barriers, eliminated tariffs on most goods, and facilitated a smoother flow…

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