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Tag: Oman

New Tourism Body Formed in Oman: How It Aims to Boost Job Growth and Investment Opportunities

The Oman Tourism Association, established in December 2024, aims to boost employment in the tourism sector. Chairman Awadh Burham Ba

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New Mechanisms in Oman’s Round 3 Hydrogen Auction: Enhancing Investment Opportunities for Your Business

Hydrom, Oman’s state entity for green hydrogen, is launching new mechanisms to boost investor interest in the third round of

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New RO 60 Million Bonds at 4.3%: A Game-Changer for Investment Opportunities in Oman

The Government of Oman has announced the 75th issuance of Government Development Bonds (GDBs) worth RO 60 million, maturing on

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Oman’s Oil Exports Surpass 126 Million Barrels: Key Insights for Investors and Business Owners

Oman's total oil exports by the end of May 2025 reached approximately 126 million barrels, a 2.3% decrease from 2024.

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Raysut Cement Reduces H1 2025 Losses: Implications for Investors and Business Growth in Oman

Raysut Cement Company SAOG reported a consolidated net loss of RO 2.99 million for H1 2025, an increase from RO

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Asyad Shipping Welcomes VLCC ‘Qurayyat’: Implications for Oman’s Maritime Industry and Investment Opportunities

Asyad Shipping Company SAOG has successfully delivered the VLCC "Qurayyat," reflecting Oman’s heritage. The acquisition of two VLCCs, worth $206

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New Professional Titles Added to Oman’s Hotel and Resort Sector: What It Means for Your Business Growth

The Ministry of Heritage and Tourism, with the Ministry of Labor, approved 73 new job titles for the hotel and

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GFOW’s Initiative to Reintegrate 80 Omani Professionals: A Boost for Private Sector Growth in Oman

The General Federation of Oman Workers (GFOW) successfully halted the termination of contracts for 80 Omani workers in June 2025.

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Oman and Türkiye Forge Strategic Energy Pact: Key Opportunities for Investors and Entrepreneurs

MUSCAT: Oman and Türkiye have strengthened ties by signing a Memorandum of Understanding in the energy sector. This MoU aims

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PDO’s Contribution Surges to $22.5 Billion in 2024: Key Insights for Investors and Business Owners in Oman

Petroleum Development Oman (PDO) generated about $22.5 billion in revenue for the government in 2024, marking a notable increase from

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