Petroleum Development Oman (PDO) is currently studying the feasibility of setting up a 50-megawatt (MW) wind power project, a senior official said. Mohammed Al-Lawati, Renewable Energy Lead at PDO …
National Bank of Oman Wins Highly Acclaimed ‘Best Private Bank, Middle East’ Award From the Global Private Banking Innovation Awards 2020
At the end of 2019, the bank was also recognized by the Asian Banker Oman Award 2019, winning the Best Wealth Management Business (Affluent Segment) in Oman. The Global Private Banking Innovation …
BP Oman set to start production at Ghazeer gas project
BP Oman is bracing for the launch of the 500-million-cubic feet gas project at Ghazeer field with the installations 99% ready for the start of production. In a statement to Oman News Agency (ONA), BP …
COVID-19: Oman citizens can now enter UAE
The Embassy of the Sultanate of Oman in Abu Dhabi affirms that Omani citizens who have permission to enter the UAE must provide a medical certificate (PCR) confirming that they are free of the …
Rent reduction, exemption to lessen corona impact in Oman
Muscat: Real estate companies in Oman are offering exemption in rent to the tenants financially impacted by the COVID-19 pandemic. The measure was announced to provide some relief to residential …
Oman Fisheries Company helping fishermen, markets tide over COVID-19 crisis
The Oman Fisheries Company is one of the companies which played a prominent role in ensuring supply of fish in the markets during Corona virus pandemic. The Oman Fisheries Company is the largest local …
Oman set to introduce 50% tax on sweetened drinks
Oman will introduce a 50% levy on sweetened drinks from October 1 next. Oman is set to introduce a tax on sweetened drinks from October 1 this year, according to the Secretariat General for Taxation.
COVID-19 tally surges in Oman, Morocco, Palestine
Oman confirmed three more deaths from the novel coronavirus on Sunday, while Morocco and Palestine registered fresh infections. In a statement, the Omani Health Ministry said three people had died …
BP to output from Oman’s Khazzan gas field to 1.5 bcf by end-2020
BP plans to produce an additional 500 million cubic feet of gas from Oman’s Khazzan field, known as Ghazir, by the end of 2020, the state news agency quoted the company’s Oman boss as saying on …
Mega tourism projects in Oman progressing well: report
The focus of the authorities in 2020 will be to continue facilitating the design and construction phases of the current mega projects …