Oman

The new big projects in Oman will be in Dhofar, Musandam, and South Al Batinah. The Ministry of Housing and Urban Planning in Oman said that three huge projects will be built in the governorates of Dhofar, Musandam, and South Al Batinah. The plans for the new megaprojects were picked from the many plans for a development project that could be put into action in one of the governorates. On Sunday in Muscat, officials from the ministry and states talked about the megaprojects. You

Oman’s real estate market is growing, with 2022 property deals going up by a huge amount. The latest statistics from the National Centre for Statistics and Information (NCSI) show that the value of real estate deals in Oman reached OR1.22 billion ($3.2 billion) by the end of May. It’s a big jump from the OR885.6 million ($2.3 billion) that came in during the same time in 2022. The numbers showed that the total fees for all transactions were OR28.9 million ($75 million), which

Oman Air will be the world airline partner of Chelsea FC for the next three years. This is a very important new sponsorship deal between Oman Air and Chelsea FC. As part of the deal, Oman Air will be the club’s worldwide flight partner for the next three years. Chelsea FC is one of the best teams in the English Premier League, which has a season-long audience of more than 3 billion people and is thought to be

The successful accomplishment of this milestone establishes Oman as a prominent participant within the global pharmaceutical sector. Opal Bio Pharma (OBP), a pharmaceutical company situated in Oman, has initiated the establishment of the nation’s first facility exclusively devoted to the production of indispensable pharmaceuticals and immunizations. You will be in interested on: Company Incorporation in Oman The Times of Oman said that the first stone was laid for this groundbreaking building in Khazaen Economic

The Public Investment Fund of Saudi Arabia has announced its intention to make significant investments in the Sultanate of Oman. The sovereign wealth fund of Saudi Arabia is now considering potential investments valued at $5 billion in the country of Oman. The signing of a Memorandum of Understanding (MoU) between the Public Investment Fund (PIF) and the Oman Investment Authority (OIA) has been announced. You will be interested on: Steps For Company

Abu Dhabi: Oman and Etihad Rail Company (OERC) and Jindal Shaded Iron and Steel (Jindal) signed a Memorandum of Understanding (MoU). Through the UAE-Oman Rail Network, the MoU wants to set up a sustainable end-to-end transport and logistics solution between Jindal’s steel complex at Sohar Port and the United Arab Emirates (UAE). As part of OERC’s promise to provide efficient and cost-effective logistics solutions for major global players in different industries, the MoU will let Jindal move up to 4 million tons

Employers no longer have to keep their workers’ IDs because of the new Oman Labor Law. Sultan Haitham bin Tarik of Oman recently passed a new labor law. The goal of the law is to make sure that employers and workers have a fair and balanced relationship and that labor practices are open and honest. The Labor Law 53/2023, which was passed by Royal Decree, protects workers’ rights and spells out when a company can fire an employee. Article 43