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Boydton Wednesday 27 Sep 2023
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Boydton

World/Oman

Oman

2 hours ago
Oman’s OQ Gas Networks IPO Oversubscribed, Eyes Record-Breaking $771M, a Potential Milestone for the Country

In a historic event, OQ Gas Networks SAOG, the gas pipelines unit of Omani state energy firm OQ SAOC, had its en...

2 hours ago
Oman Electricity Transmission Company Reveals 5-Year Vision for Power Grid Development

The Oman Electricity Transmission Company (OETC) recently conducted an awareness session revealing its ‘5-...

1 day ago
Oman’s Meteorite Exhibition Promises a Journey Through the Cosmos

The Ministry of Heritage and Tourism in Oman, in collaboration with the Office of the Governor of the Al Dakhili...

OQ Gas Networks IPO Oversubscribed: Record Breaking 771m A Potential Milestone for Oman
4 days ago
Omani Stock Market Nosedives for Third Consecutive Week, Approaching Yearly Lows Amidst Economic Uncertainties

The Omani stock market has been on a downward spiral for the third consecutive week, dropping below pr...

4 days ago
Oman Witnesses Impressive 8.7% Surge in Bank Credit and 7% Growth in Deposits

The Central Bank of Oman (CBO) recently reported a significant increase in credit granted by banks in ...

4 days ago
Duqm Economic Forum to Showcase Oman's Green Industry Advancements

The Duqm Special Economic Zone (Sezad) in Oman is all set to host the Duqm Economic Forum on October 1...

4 days ago
Persian Gulf Security: A Call for Regional Cooperation and Interdependence

A high-ranking Iranian commander has recently proposed a cooperative approach to managing the security...

Oman and Yemen Affirm Joint Commitment to Peace Talks and Truce
During the 78th session of the United Nations General Assembly, His Excellency Sayyid Badr Hamad Al Busaidi, the Foreign Minister of Oman, met with His Excellency Dr. Rashad Muhammad al Alimi, Chairman of the Presidential Leadership Council of the Republic of Yemen. The primary focus of their discussions revolved around the ongoing developments in Yemen and the efforts to sustain the truce as well as facilitate constructive dialogue between the Yemeni parties.Support for Peace and Recovery in YemenBoth sides expressed their support for initiatives to end the war in Yemen and kickstart a comprehensive political process for the recovery of the country. The objective of this process is to meet the aspirations of the Yemeni people for security, stability, peace, reconstruction, development, and prosperity. The recent positive discussions held in Riyadh were acknowledged by both parties.Oman's Meeting with UN Under...
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Oman and Yemen Affirm Joint Commitment to Peace Talks and Truce
6 days ago
Oman's Pledge to Achieve Carbon Neutrality Aligns with Global Climate Goals
In a recent gathering at the 78th session of the United Nations General Assembly in New York, His Majesty Sultan Haitham bin Tarik of Oman communicated his greetings to US President Joe Biden through His Excellency Oman’s Foreign Minister. This gesture reaffirms the Sultanate’s commitment to maintaining cordial relations with the United States and other
6 days ago
Safexpay Expands its Digital Payment Solutions Suite to Saudi Arabia, Qatar, and Oman
Leading digital payments company, Safexpay, has announced its expansion into three key Gulf Cooperation Council (GCC) countries – Saudi Arabia, Qatar, and Oman. The strategic move is a significant step in Safexpay’s mission to innovate and shape the future of payment solutions in these dynamic Middle Eastern markets. The company’s product offerings in these nations
6 days ago
Oman's OQ Gas Networks Prepares for Record-Breaking Initial Public Offering
OQ Gas Networks (OQGN), the pipeline subsidiary of Oman’s state oil corporation, OQ, recently announced an initial public offering (IPO) that could potentially raise up to 297 million rials (approximately US$772 million) if priced at the top range. This IPO could be Oman’s largest in nearly two decades, offering about 2.12 billion shares, equivalent to
Oman's Duqm Refinery Exports First Ultra-Low Sulphur Diesel Cargoes

Oman's Duqm Refinery Exports First Ultra-Low Sul...

Oman’s state-owned OQ has achieved a significant milestone by exporting its first ultra-low sulphur diesel (ULSD) cargoes fr...

AWASR, Alliance Networks, and AMS-IX Unveil Oman's First Internet Exchange - Oman-IX

AWASR, Alliance Networks, and AMS-IX Unveil Oman...

In a groundbreaking collaboration, AWASR, Alliance Networks, and the Amsterdam Internet Exchange (AMS-IX) have joined forces to la...

Oman's G20 Experience: A New Era of Diplomacy and Green Hydrogen Initiatives
Oman's G20 Experience: A New Era of Diplomacy and Green Hydrogen Initiatives

2 weeks ago

Oman's G20 Experience: A New Era of Diplomacy and Green Hydro...

During the 78th session of the United Nations General Assembly, His Excellency Sayyid Badr Hamad Al Busaidi, the Foreign Minister of Oman, met with His Excellency Dr. Rashad Muhammad al Alimi, Chairman of the Presidential Leadership Council of the Re...

Oman and Saudi Arabia Forge Deeper Relations with Royal Dipl...

Crown Prince Mohammed bin Salman of Saudi Arabia embarked on a diplomatic tour that recently took him from India to the Sultanate ...

Omani Stock Market Faces Significant Decline Amid Global Eco...

The Omani stock market experienced a substantial decline this week, mirroring the negative sentiment prevalent in global markets. ...

Oman's Insurance Sector Thrives with 11.9% Growth in H1 2023...

The insurance sector in the Sultanate of Oman has demonstrated remarkable resilience and robust growth, posting an impressive 11.9...

Oman's Vision for Sustainability Shines Bright at the 18th G...

The Sultanate of Oman’s significant participation as a guest of honor in the 18th G20 Summit has paved the way for reinforci...

Oman's Deputy Prime Minister Heads Delegation to G20 Summit in India on Behalf of Sultan Haitham
Representing His Majesty Sultan Haitham bin Tarik, HH Sayyid Asa’ad bin Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal Representative of the Sultan, departed for the Republic of India to lead Oman's delegation at the upcoming G20 Summit scheduled to take place in New Delhi on September 9 and 10, 2023. Delegation Send-off Before his departure, HH Sayyid Asa’ad and his accompanying delegation received a ceremonial send-off at the Muscat International Airport. Dr. Abdullah Nasser Al Harrasi, Minister of Information, Salim Mohammed Al Mahrouqi, Minister of Heritage and Tourism, Eng. Salim Nasser Al Oufi, Minister of Energy and Minerals, Dr. Mohammed Said Al Ma’amari, Minister of Endowments and Religious Affairs, Amit Narang, Ambassador of the Republic of India to the Sultanate of Oman, and Saif Mohammed Al Abri, Secretary-General at the Office of HH Sayyid Asa’ad, wer...
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Oman's Deputy Prime Minister Heads Delegation to G20 Summit in India on Behalf of Sultan Haitham
Oman's Visionary Road Project to Unlock the Beauty of Al Jabal Al Akhdar

Oman's Visionary Road Project to Unlock the Beauty of Al Jabal Al Akhdar...

In a significant development aimed at enhancing accessibility and boosting tourism in the picturesque region of Al Jabal Al Akhdar, the Ministry of Transport, Communications and Information Technology (MoTCIT) has taken a major step forward. On Monday, they floated a tender for consultancy services to design a r...

Oman Investment Authority Invests in Michigan EV Battery Startup, Expanding Its Global Portfolio

Oman Investment Authority Invests in Michigan EV Battery Startup, Expanding Its Global Portfolio...

In a significant move towards fostering clean energy innovation and aligning with global sustainability goals, the Oman Investment Authority (OIA) announced its strategic investment in Our Next Energy, a prominent electric vehicle (EV) battery startup based in Michigan. This partnership shows OIA’s commitm...

Oman Crude Surges to $90.41, Fueling Global Inflation Concerns

Oman Crude Surges to $90.41, Fueling Global Inflation Concerns...

Global oil prices continue to surge as the Organization of the Petroleum Exporting Countries and its allies (OPEC+), led by Saudi Arabia and Russia, have decided to maintain their oil production cuts, sending shockwaves through energy markets and raising concerns about global inflation. Oman Crude, a key benchma...

Salalah Hosts 81st Meeting of GCC Central Bank Governors Under Oman's Presidency

Salalah Hosts 81st Meeting of GCC Central Bank Governors Under Oman's Presidency...

The GCC Committee of Central Banks Governors convened for its 81st meeting under the presidency of Oman in Salalah. Chaired by HH Sayyid Taimour bin Asa’ad Al Said, Chairman of the Board of Governors of the Central Bank of Oman (CBO), the meeting included the participation of Governors from central banks acros...

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