Oman opens renewable power market to direct sales Business

Oman opens renewable power market to direct sales

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. […]

Credit Oman-backed domestic sales top RO 180 million Business

Credit Oman-backed domestic sales top RO 180 million

MUSCAT: The value of insured domestic sales supported by Credit Oman exceeded RO 180 million by the end of 2025, highlighting the organisation’s growing role in safeguarding business transactions and supporting private sector growth across the Sultanate of Oman. According to data released by Credit Oman, Muscat Governorate accounted for the largest share of insured […]