Tag: Oman
Oman Air Embarks On A Comprehensive Restructuring Plan
HE Eng. Said Hamoud Al Ma’awali, Minister of Transport, Communications and Information Technology and Chairman of Oman Air’s Board of Directors announced that the...
Oman’s FDI Rises 23.3% In Q1 2023, Reaches RO21.270 Billion
Oman has reported a significant increase in foreign direct investment (FDI) by the end of the first quarter of 2023. The volume of FDI...
Khazaen Economic City Attracts Investments Worth RO316 Million
The volume of investments attracted by Khazaen Economic City in Barka till the end of June 2023 stood at RO316mn ($821mn). Statistics issued by Khazaen...
His Majesty The Sultan Confers Al Numan Order on Saudi Ambassador
His Majesty Sultan Haitham bin Tarik has conferred Al Numan Order, First Class on HE Abdullah Saud Al Anzi, Ambassador of the Kingdom of...
IMF Mission Concludes Visit to Oman, Praises Fiscal Prudence Efforts
HE Nasser Khamis Al Jashmi, Secretary-General of the Ministry of Finance, chaired IMF mission’s last meeting held in the Sultanate of Oman to view...
Oman Ranks 56th Globally in Competitive Industrial Performance Report 2023
The Sultanate of Oman was ranked 56th globally and 5th in the Arab region in the Competitive Industrial Performance (CIP) Report 2023, issued by...
PIF and Oman Investment Authority Sign MoU To Expand Investment in the Sultanate of...
The Public Investment Fund (PIF) announced today that it has signed a Memorandum of Understanding (MoU) with the Oman Investment Authority (OIA). The MoU...
PDO Commits Over $1.8 Million to New Social Investment Initiatives
Petroleum Development Oman (PDO) announced today that it is funding four new social investment initiatives worth more than $1.8 million aimed at strengthening health...
Royal Decree Promulgates New Labour Law in Oman
His Majesty Sultan Haitham bin Tarik issued Royal Decree No. 53/2023 on July 25, 2023 regarding the promulgation of the new Labour Law, after...
Khazaen Dry Port, Tanuf Ink Agreement to Provide Logistics Services
Khazaen Dry Port (KDP), an affiliate of Asyad Group, signed a new service agreement with the National Mineral Water Company (Tanuf) to provide storage,...
