Oman's state-owned logistics firm Asyad Group plans to offer investors shares in its shipping unit through an initial public offering (IPO), it said on Wednesday, as part of the Gulf country's privatisation strategy.
The two Mexicans had been held for over a year after Houthis rebels hijacked their commercial ship, the Galaxy Leader, in Yemen.
Oman's former national team player Abdul Salam bin Amer Al Mukhaini passed away on Tuesday, Jan. 21, at the age of 37.Read More: Oman’s Sultan Congratulates Trump on His Inauguration He was also a player for the Dhofar Club.
A first-ever taxi service operating on hydrogen-powered cars will be launched in the Sultanate of Oman during the
New York: The UN Secretary-General's Special Envoy for Yemen Hans Grundberg has expressed his gratitude to the Sultanate of Oman for its extensive efforts that led to the release of the crew of the Galaxy Leader ship. Grundberg deeply valued Oman’s steadfast support in this regard.
Oman has achieved a remarkable improvement in its economic fundamentals. The fiscal and external positions have strengthened significantly, while nonhydrocarbon growth is picking up amid low inflation.
Muscat: France’s EDF Renewables and Korea Western Power Co Ltd (KOWEPO) shareholders of Wadi Noor Solar Power Company SAOC [MANAH 1]; together with the procurer Nama Power and Water Procurement Company (NAMA PWP) have launched Oman’s largest solar power plant Manah I during an official ceremony.
The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation with Oman on January 14 and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.
The steel industry is critical to global development, driving infrastructure, manufacturing, and economic growth. Among the emerging players in this sector are Oman steel makers and Vietnam’s steel industry.
Oman-based SaaS provider Sampo AI has closed its pre-seed funding round, securing $750,000 co-led by Omantel Innovation Labs and
In Oman’s diverse and multicultural society, Best astrologer in Oman Acharya Indravarman stands out as a beacon of hope and wisdom. His unique blend of traditional knowledge, modern accessibility, and personalized care makes him the ideal choice for those seeking astrological guidance.
Asyad Group, a logistics business owned by Oman’s sovereign wealth fund, has announced plans to float its shipping unit on the Muscat stock exchange. At least 20 percent of Asyad Shipping Company will be sold in the initial public offering.