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June 15, 2023
Multi-billion dollar schemes fuel UAE’s industrial evolution
The United Arab Emirates (UAE) is investing heavily in its industrial sector, with a number of multi-billion dollar schemes underway. These schemes are aimed at transforming the UAE into a global hub for manufacturing and innovation. One of the most ambitious schemes is Operation 300 billion, which aims to attract AED 300 billion (USD 81.7…
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June 14, 2023
Oman and UK Explore Means of Enhancing Investment Cooperation
Muscat, June 13, 2023 – The Minister of Commerce, Industry and Investment Promotion, HE Qais Mohammed Al Yousef, and the Minister of State for International Trade in the United Kingdom, Nigel Huddleston, met today to discuss ways to enhance investment cooperation between the two countries. The meeting, which was held via videoconference, focused on the…
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May 31, 2023
Oman Seeks Investment in the Green Hydrogen Field
Seoul: Mohsin bin Hamad Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals, is leading a group of government and business agencies from Oman on a trip to the Republic of South Korea. The purpose of the visit is to improve the Sultanate of Oman’s investments in green hydrogen, oil, gas, and minerals in…
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May 30, 2023
Omantel signs MoUs with Government and Private Institutions at COMEX 2023
Muscat: Omantel is the main provider of integrated telecommunication services in the Sultanate of Oman. As part of its involvement in COMEX 2023, which is in its 32nd year, Omantel has signed memoranda of understanding and contracts with several government and private institutions. The goal is to give these businesses access to a wide range…
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May 29, 2023
Investment in Oman’s tourism sector to reach OMR3 billion by 2025
The Ministry of History and Tourism in Muscat said that between 2021 and 2025, a total of OMR 3 billion will be spent on Oman’s history and tourism. Also, the number of hotel rooms in Oman is expected to reach 33,000 by the end of 2025, according to the ministry. The ministry also said that…
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April 28, 2023
Oman’s Sultan introduces changes to laws regulating the marriage of Omani citizens to foreigners
This new law shows how Oman’s views on mixed marriages are changing. On Sunday, Sultan Haitham bin Tarik of Oman signed a royal decree that made major changes to the country’s rules about Omani citizens getting married to foreigners. The Royal Decree No. 23/2023 cancels and replaces the Royal Decree No. 58/93 and any linked…
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April 3, 2023
Oman outlines trade Opportunities to Asean Ambassadors
Muscat: On Tuesday, a group of ministers from Indonesia, Malaysia, Thailand, Singapore, and Brunei Darussalam, all of which have diplomatic ties to the Sultanate of Oman, went to the Invest Oman Lounge. During the meeting, the ambassadors took note of the ways to invest in Oman and the incentives that are given to investors. You…
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March 31, 2023
Oman and Germany explore ways to boost Constructive Cooperation
The Foreign Minister, Sayyid Badr Hamad Al Busaidi, met with the Foreign Minister of the Federal Republic of Germany, Annalena Baerbock, in Berlin. Sayyid went to Badr to take part in the Berlin Energy Transition Dialogue 2023. This meeting was part of that trip. At the meeting, they talked about how friendly and helpful the…
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March 30, 2023
Oman gives priority to Local firms for Digital Transformation Projects
Muscat: In order to help the local economy and make it stronger, a notice was sent out saying that local technology companies should be given priority for government digital transformation projects. Keep reading : Company Registration in Muscat In the ministerial circular put out by the Ministry of Transport, Communications, and Information Technology, it said…
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December 10, 2022
UAE announces new personal status law for non-Muslim expats
As on February 1, 2023, all non-Muslim foreign nationals living in the United Arab Emirates will be subject to a new Federal Decree-Law on Personal Status. In keeping with the UAE’s ongoing efforts to improve its legislative ecosystem, the Federal Personal Status Law will help the country achieve its goals and visions for the next…
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