MUSCAT: Oman awarded 74 government contracts worth a combined RO 734.00 million during the first seven months of 2026, led by major healthcare and transport projects, while issuing a further 60 tenders valued at an estimated RO 365.00 million as it accelerated infrastructure spending under Oman Vision 2040. The Public Authority for Projects, Tenders and […]
Muscat: Since its launch 20 years ago, the Al Mouj Muscat project has attracted RO880 million in foreign direct investment, while its total revenues have exceeded RO1 billion, with daily transactions averaging around RO385,000. An economic study conducted by a specialized company to measure the project’s economic and social impact revealed that Almouj, Muscat’s contribution […]
Muscat: The population of the Sultanate of Oman reached 5,388,513 by the end of May 2026, marking an annual increase of 1.6 per cent compared to the same period in 2025, according to the latest Monthly Statistical Bulletin issued by the National Centre for Statistics and Information (NCSI). Muscat Governorate continued to account for the […]
IBRI: Al Dhahirah Governorate has attracted 67 food security projects with investments totalling RO 84 million, as it seeks to expand agricultural production, strengthen local supply chains and develop value-added food industries. The projects cover about 9,607 acres across the wilayats of Ibri, Dhank and Yanqul and include crop cultivation, livestock and poultry production, food […]
MUSCAT: The Sultanate of Oman has launched four healthcare investment opportunities valued at about RO 16 million as it seeks to expand specialised medical services, strengthen local manufacturing and attract private-sector investment. The projects cover early disease detection, medical rehabilitation and the production of healthcare supplies, the Ministry of Commerce, Industry and Investment Promotion said. […]
BUSINESS REPORTER MUSCAT, JULY 5 Petroleum Development Oman (PDO) has signed nine social investment agreements worth RO 3.5 million to expand education, healthcare, youth development and environmental protection programmes across the Sultanate of Oman, reinforcing its commitment to supporting national development priorities under Oman Vision 2040. The agreements, signed at PDO’s headquarters in Mina Al […]
BUSINESS REPORTER MUSCAT, JUNE 23 Nama Power and Water Procurement (PWP), the sole buyer of power and water capacity in the Sultanate of Oman, has announced the launch of the Request for Qualification (RFQ) process for the development of two major utility-scale solar photovoltaic (PV) projects: the Adam Solar Independent Power Project (IPP) and the […]
MUSCAT: Revenue at Asyad Group has surged nearly sixfold over the past decade, highlighting the rapid expansion of Oman’s national logistics champion as it strengthens its global footprint and supports the Sultanate’s ambitions to become a regional trade and transport hub. The group marked its 10th anniversary this year under the theme “A Decade of […]
More than 100 million years ago, a flying reptile called a pterosaur flew over the oceans hunting squid and fish. Much more recently, one of its wing bones was discovered in Brazil, transformed over the aeons into a fossil made of a complex assemblage of different chemicals and minerals. And in new research published in […]
Muscat: The total number of young people aged 15 to 34 years in the GCC countries reached approximately 23.5 million in 2024, representing 38.2 percent of the region’s total population. This group comprised 15.1 million males (64.5 percent) and 8.4 million females (35.5 percent). Young people in the GCC continue to consolidate their role as […]
