MUSCAT: Hydrom, the orchestrator of Oman’s national green hydrogen strategy, has unveiled a new set of fiscal incentives aimed at bolstering the commercial viability of upcoming green hydrogen projects. These measures are part of the ongoing third green hydrogen auction round, which seeks to attract both domestic and international investors to support Oman’s transition toward…
MUSCAT: The Sultanate of Oman has issued a clear statement through its Ministry of Foreign Affairs, expressing firm opposition to recent expansionist proposals in the region. The statement underlines that such plans constitute a direct threat to regional security and stability, while flagrantly violating international law. Oman emphasized that these proposals undermine the legitimate rights…
MUSCAT: The Sultanate of Oman has unveiled its National Strategy for Marine Debris Management, described as a pioneering step towards cleaner seas and a more sustainable maritime future. The strategy focuses on protecting the marine environment while ensuring safe navigation across Omani waters. It emphasizes a holistic approach, combining regulation, monitoring, and capacity building to…
MUSCAT: The Consumer Protection Authority (CPA) of Oman has successfully recovered a total of RO 2,232,000 for consumers during recent enforcement and mediation efforts. This achievement highlights the Authority’s proactive approach in addressing complaints and resolving disputes between consumers and suppliers, ensuring fairness and transparency in the marketplace. By focusing on amicable settlements, the CPA…
MUSCAT: The Consumer Protection Authority (CPA) of Oman has successfully recovered a total of RO 2,232,000 for consumers during recent enforcement and mediation efforts. This achievement highlights the Authority’s proactive approach in addressing complaints and resolving disputes between consumers and suppliers, ensuring fairness and transparency in the marketplace. By focusing on amicable settlements, the CPA…
MUSCAT: The Muscat Stock Exchange (MSX) has announced an upcoming conference aimed at positioning Oman as a leading hub for investor relations in the region and globally. The event is expected to attract market professionals, issuers, and investors, offering a platform to exchange expertise and best practices in capital market operations. By highlighting the importance…
MUSCAT: Muscat Municipality has issued a strong warning against displaying cars for sale in non-designated areas, emphasizing that this practice compromises traffic safety, affects the city’s visual appeal, and violates municipal regulations. The authority highlighted that these unauthorized displays disrupt the organized urban environment that Muscat strives to maintain and pose risks to both motorists…
MUSCAT: Lulu Retail delivered a solid financial performance in the first half of 2025, posting a 9.1% year-on-year increase in net profit to $127 million, supported by revenue growth of 5.9% to $4.1 billion. Like-for-like sales rose 3.8%, with strong momentum in private label products and e-commerce driving this growth. During the second quarter, revenue…
MUSCAT: His Majesty Sultan Haitham bin Tarik has extended warm congratulations to the leadership and people of India on the occasion of their National Day. In his cable to President Droupadi Murmu, His Majesty expressed heartfelt wishes for India’s continued progress and prosperity, emphasizing Oman’s commitment to strengthening bilateral ties. The message reaffirmed the importance…
MUSCAT: Weather conditions across southern Oman are expected to remain unsettled over the coming days, according to the latest update from the National Multi-Hazard Early Warning Centre. The forecast indicates the development of cloudy skies accompanied by scattered rainfall over the governorates of South Al Sharqiyah, Al Wusta, Dhofar, and parts of the Al Hajar…
