MUSCAT, JUNE 17 The Sultanate of Oman continues to expand its offering of mining concession areas and attract quality investments, as part of its efforts to increase the mining sector’s contribution to the GDP and achieve the goals of “Oman Vision 2040,” which aims to diversify national income sources. Offering new concession areas this year […]
MUSCAT, JUNE 8 The establishment of a specialised Investment and Trade Court is among the most significant measures undertaken by the Sultanate of Oman to strengthen its investment environment and enhance investor confidence, according to Ibtisam bint Ahmed al Farouji, Under-Secretary for Investment Promotion at the Ministry of Commerce, Industry and Investment Promotion (MoCIIP). Speaking […]
MUSCAT, Oct 24 Oman has restored investment-grade status and cut public debt sharply while building a pipeline of green-hydrogen projects, Central Bank of Oman Governor Ahmed bin Jaafar al Musalmi told the inaugural Oman Investment Forum in the United Kingdom this week. He said steady reform and a stable monetary framework were underpinning growth and […]
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 […]
NEW YORK/HOUSTON: The US involvement in Venezuela’s oil sector offers a potential opportunity for international banks, with JPMorgan Chase in an advantageous spot due to its history in the country and past involvement with international trade financing. A clutch of banks including JPMorgan and Citigroup have historically operated in the country, but reduced operations or […]
MUSCAT, JUNE 9 Future Fund Oman (FFO), a key investment arm of Oman Investment Authority (OIA), has unveiled a new portfolio of 105 strategic projects and investments worth RO 583 million, reinforcing the Sultanate of Oman’s drive to diversify its economy, attract foreign capital and strengthen private sector participation. The newly announced portfolio includes RO […]
