MUSCAT: The Sultanate of Oman has witnessed an impressive increase in foreign direct investment (FDI) over the past five years. According to the latest data from the National Centre for Statistics and Information (NCSI), FDI has surged by 17.6%, reaching a cumulative value of RO 26.677 billion by the third quarter of 2024. This growth…
MUSCAT: This initiative by OPAZ is a crucial part of the government’s ongoing commitment to enhancing Oman’s economic standing. By focusing on the sustainability of special economic zones, free zones, and industrial estates, OPAZ is ensuring that Oman’s economy remains competitive in a rapidly changing global market. These efforts are designed to attract investment, create…
AL NAABI: Omani adventurer Suleiman bin Hamoud Al Naabi has made history by becoming the first Omani to successfully complete the Seven Summits Challenge. This prestigious challenge requires climbers to summit the highest peaks on each of the seven continents. Al Naabi’s achievement is a testament to his perseverance, physical endurance, and deep love for…
MUSCAT: The Modern College of Business and Science has announced a strategic partnership with Boeing to advance education and training in aviation management. This collaboration aims to equip students with industry-relevant skills and knowledge, preparing them for leadership roles in the rapidly evolving aviation sector. As the only college in Oman offering a specialized aviation…
MUSCAT: His Majesty Sultan Haitham bin Tarik has issued two Royal Decrees today, which are set to bring significant changes in the governance and administrative landscape of the Sultanate of Oman. The decrees focus on strengthening various sectors and improving the country’s infrastructure and legal framework. These measures are expected to play a key role…
MUSCAT: The third edition of the “Together We Progress” Forum concluded recently, highlighting key areas of importance for the region’s development. The forum brought together leaders, experts, and stakeholders from various sectors, all dedicated to fostering collaboration and progress. The discussions focused on a wide array of topics, including economic growth, sustainable development, technology, and…
MUSCAT: Oman’s Foreign Ministry issued a statement today affirming the country’s support for the objectives of the ongoing conference focused on Syria. The statement emphasized Oman’s commitment to fostering dialogue among all political factions in Syria to achieve national consensus. This, the Ministry stated, is vital in maintaining Syria’s unity, sovereignty, and independence while ensuring…
DHOFAR: A high-level meeting was convened to assess the progress of various economic and development projects in the Governorate of Dhofar. The discussions centered on evaluating the implementation of key initiatives aimed at enhancing the business environment and fostering new investment opportunities. Officials reviewed the effectiveness of ongoing projects and explored ways to accelerate their…
MUSCAT: His Majesty Sultan Haitham bin Tarik has conveyed a heartfelt message of greetings to the Omani people, residents in Oman, and the wider Islamic nation on the occasion of the holy month of Ramadan. In his message, His Majesty expressed his sincere wishes for a blessed and peaceful month, emphasizing the values of compassion,…
MUSCAT: The Oman Chamber of Commerce and Industry (OCCI) hosted the Omani-Uzbek Business Forum in Muscat, bringing together key stakeholders from both countries to explore opportunities for trade and investment. The event was attended by high-ranking officials, business leaders, and investors from Oman and Uzbekistan, aiming to foster stronger economic ties and promote bilateral collaboration…
