MUSCAT: Oman Investment Authority is expanding its exposure to advanced technology and life sciences through investments linked to the innovation ecosystems of Cambridge and Oxford universities, as it seeks financial returns and opportunities to transfer expertise to Oman. OIA said its investments in Cambridge Innovation Capital and Oxford Science Enterprises provided access to portfolios of […]
Muscat: A comprehensive phase of internal road projects and urban humanization initiatives is underway in the Wilayat of Al Buraimi. These efforts are part of the ongoing drive to bolster infrastructure, upgrade service and tourism facilities, and enhance the efficiency of the governorate’s road networks. Eng. Obeid bin Salim al Kaabi, Director of the Projects Department […]
SALALAH, JUNE 28 Dhofar Governorate has 36 tourism projects under development, including 23 that have already entered construction, as the governorate moves to expand its hospitality base ahead of another busy Khareef season, an industry expert familiar with the sector told the Observer. The remaining 13 projects are going through administrative and financing procedures before […]
MUSCAT: Total credit extended by Oman’s banking sector reached around RO 35 billion by the end of November 2025, representing an increase of 8.8 per cent. Credit to the private sector grew by 6.9 per cent to RO 28.7 billion, reflecting sustained lending activity. Data from the Central Bank of Oman showed that the largest […]
