GCC youth population reaches 23.5 million National

GCC youth population reaches 23.5 million

MUSCAT, JUNE 14 MUSCAT: The youth population across the GCC countries has reached approximately 23.5 million, accounting for 38.2 per cent of the total population, according to statistics released by the GCC Statistical Centre. The data, issued on the occasion of GCC Youth Day, observed annually on June 6, show that young people aged 15–34 […]

Muttrah Teleferik project reaches 90% completion National

Muttrah Teleferik project reaches 90% completion

MUSCAT: The completion rate of Muttrah Teleferik project has reached 90 per cent in accordance with the approved timeline. This progress paves the way for the commencement of trial operations this coming December, backed by continuous field monitoring to ensure the project’s readiness to the highest standards. The cable car initiative stands as a qualitative […]

Smart water meter coverage reaches 99.5% across Oman Business

Smart water meter coverage reaches 99.5% across Oman

MUSCAT, JUNE 14 The Sultanate of Oman’s move towards expanding the use of smart meters in the water sector represents a significant step in its efforts to enhance the efficiency of natural resource management and improve public spending. The adoption of these technologies is part of Oman’s broader economic diversification efforts, where improving the efficiency […]

Muttrah Teleferik Project reaches 90 percent completion National

Muttrah Teleferik Project reaches 90 percent completion

Muscat: The completion rate of Muttrah Teleferik project has reached 90 percent in accordance with the approved timeline. This progress paves the way for the commencement of trial operations this coming December, backed by continuous field monitoring to ensure the project’s readiness to the highest standards. The cable car initiative stands as a qualitative tourism […]

Treasury bill issuance reaches RO 61 million Finance

Treasury bill issuance reaches RO 61 million

MUSCAT: The total value of government treasury bills allocated this week reached RO 61.4 million, according to the Central Bank of Oman (CBO). In a statement issued on Monday, the CBO said the treasury bills have a maturity period of 91 days. The average accepted price stood at RO 99.047 per RO 100, while the […]