Oman seen backing OPEC+ output strategy Business

Oman seen backing OPEC+ output strategy

Oman is expected to support a cautious, phased approach to future oil production increases as OPEC+ prepares for a key meeting that could reshape production quotas and baseline calculations for all member countries, according to Ali al Riyami, a well-known Omani energy analyst. Speaking to Al Arabiya Business, Al Riyami said the producer alliance has […]

Omani space tech startup wins FFO backing Business

Omani space tech startup wins FFO backing

MUSCAT, JUNE 16 Muscat-based Rocket Elements and Technologies (RE&T), an Omani space technology startup focused on advanced propulsion systems, has secured funding support from Future Fund Oman, marking a significant endorsement of the Sultanate’s emerging deep-tech and aerospace innovation ecosystem. The investment support was announced as part of a broader wave of agreements concluded by […]