Riyadh, September 24, 2023 – Oman’s gross domestic product (GDP) experienced a notable 9.5 percent decline in the second quarter of 2023 compared to the same period in the previous year, primarily attributed to a significant drop in oil-related activities. According to data from the National Center for Statistics and Information (NCSI), Oman’s GDP at […]
Oman, a key player in the global energy landscape, has witnessed a significant boost in its natural gas production, marking a 2.3% increase in the first half of 2023 compared to the same period in the previous year. The latest statistics released by the National Centre for Statistics and Information (NCSI), and reported by Times […]
Opal Bio Pharma (OBP), a leading pharmaceutical company in Oman, is making strides in the global pharmaceutical industry with the construction of the country’s first-ever factory dedicated to manufacturing essential medicines and vaccines.
Oman has taken significant strides in advancing its net-zero ambitions by signing agreements worth $10 billion for green hydrogen projects.
The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh. Saudi Arabia and Oman have signed 13 investment memoranda of understanding between the public and private sectors of the two countries covering various sectors. The agreements were signed at the four-day Saudi-Omani Investment Forum, which is being held in Riyadh under the […]
