Said, will allow the new authority to own all public assets except the Petroleum Development Oman company and government stakes i …
Oman’s sultan appoints head of new sovereign wealth fund
Murshidi as the head of the Omani Investment Authority, a new state entity replacing the sultanate’s sovereign wealth funds, Omani state television reported on Monday.
Coronavirus: Six people die from COVID-19 in Oman in one day
Oman’s death toll from the coronavirus jumped on Monday after officials announced that six people had died from COVID-19 in the past 24 hours. The six new deaths take the death toll from 75 to 81. The …
Coronavirus: Oman reports 604 new Covid-19 cases
With this, a total of 17,486 cases have been reported in the Sultanate, along with a total of 3,793 recoveries.
Oman allows expat workers to switch jobs without two-year ban
Expat workers in Oman can now switch jobs from one company to another, if they furnish proof of the end of work contract or its termination, according to a new decision issued by the Royal Oman Police …
COVID-19: Oman registers 866 new cases, 3 deaths
Oman has confirmed 866 new cases of the novel coronavirus, bringing to 16,882 the country’s overall infections, the Omani news agency ONA reported Sunday. The newly diagnosed cases include 319 Omanis …
Oman hotel revenues fall 25% in months ahead of Covid-19 pandemic
The total revenue of Omani hotels in the three-to-five star range fell by 25 percent to OMR 54.2 million ($140.85 million) until the end of March 2020, according to government statistics. According to …
NOC not required for expatriates in Oman for changing jobs
Expatriate workers in Oman can now switch jobs without showing a NOC but by providing proof of the end of work contract or a dissolution of it. Until now, expats who want to change jobs in the …
Indian firm commissions first solar project in Oman
Omani consortium designed by Marubeni Corporation, Oman Gas Company, Bahwan Renewable Energy Company and Nebras Power. The Amin solar project, with installed capacity of 125 MW (DC), is Oman’s first …
Shapoorji Pallonji firm commissions first Oman solar PV project
Sterling and Wilson Solar, a unit of leading Indian construction group Shapoorji Pallonji and one of the largest solar EPC solutions providers in the world, has announced the successful commissioning …