Tag: Oman Business News
National Bank of Oman brings out wealth management portal in its...
The first local commercial bank in Oman, National Bank of Oman (NBO) has launched its new wealth management portal to enable its customers to...
Oman’s Ibri II solar project will help to attain country’s CO2...
Oman’s largest utility-scale solar photovoltaic (PV) Independent Power Project (IPP), which is expected to start operation at Ibri in Al Dhahirah Governorate this month,...
Oman’s Hyport Duqm unites with German energy firm Uniper to explore...
Oman’s strategic green hydrogen project Hyport Duqm has signed a cooperation agreement with Germany-based energy giant Uniper to offer engineering services and negotiate an...
Thailand-based Centara Hotels & Resorts to manage Oman’s Al Hail Waves
Oman-based major construction firm Ibn Saleh Al Hashmi Construction (ISAHC) has signed an agreement with Thailand’s leading hotel operator Centara Hotels & Resorts for...
GE Gas Power to set up ‘power plant on wheels’ to...
GE Gas Power, the world leader in natural gas power technology, services and solutions, has signed an agreement to build, own and operate a...
Oman power sector to grow 4% annually in next 7 years
The Sultanate of Oman’s power sector authorities expect a modest, but steady, improvement in electricity demand over the next several years after 2020’s dip...
Oman telecom firm Omantel unveils new initiative to support tech startups
Oman’s leading telecommunications company Omantel has launched the ‘Omantel Innovation Labs’ in order to promote innovation and entrepreneurship in new and emerging technologies.
Under this...
Oman needs strong medium-term plans to address fiscal vulnerabilities; IMF
The International Monetary Fund (IMF) has stated Oman has to develop a strong medium-term plan to minimize fiscal risks and put debt on a...
