MUSCAT: Oman’s electricity market is set for a major transformation following the introduction of a new regulatory framework allowing renewable energy producers to sell electricity directly to eligible consumers, ending the sector’s long-standing reliance on a single-buyer model for renewable power transactions. According to legal experts, the Authority for Public Services Regulation’s (APSR) Decision No. […]
Muscat: SalamAir, Oman’s low-cost carrier, will launch its first direct scheduled flight between Muscat and Medan, Indonesia, on Friday, marking the airline’s inaugural service to the Southeast Asian nation and another milestone in its ongoing network expansion across the region. The launch was officially celebrated on Thursday at the Embassy of Indonesia in Muscat, attended […]
MUSCAT: The investment promotion sector in the Sultanate of Oman is seeing a quantum leap, represented in the efficiency of the integrated system for attracting capital and supporting sustainable economic diversification. Ibtisam bint Ahmed al Farooji, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion, said that the volume of foreign […]
