A focused view of Oman’s latest business, economy and public-interest developments, organised for quick reading.
ConnsectThe Ministry of Energy and Minerals in Oman has announced the launch of the “Policy for Renewable Energy Utilization for Self-Generation and Direct Sale.” This policy aims to liberalize the electricity market, optimize the use of renewable energy…
Read full story
The Royal Opera House Muscat will host Majida El Roumi, the legendary and beloved Lebanese singer, for two unforgettable evenings. The concerts are scheduled for Thursday, January 30, and Saturday, February 1, 2025, starting at 7 PM. Renowned…
Continue reading
In the latest list of the world's top 100 sandwiches, published by the reputable website Taste Atlas with its last update on Wednesday, January 15, 2025, Shawarma has been ranked as the best sandwich in the world, earning…
Continue reading
Americana Restaurants International, one of the largest operators of quick-service and casual dining restaurants in the Middle East, North Africa (MENA) region and Kazakhstan, has completed the acquisition of the Pizza Hut brand in Oman from the Khimji…
Continue reading
Oman has been ranked as the most affordable country in the Gulf Cooperation Council (GCC) in the 2025 World Cost of Living Index, an annual report that compares living expenses globally against New York City, which is set…
Continue reading
The Sultanate of Oman has successfully facilitated the release of the Galaxy Leader ship's crew, comprising 25 individuals from five nationalities (the Philippines, Bulgaria, Mexico, Ukraine, and Romania). The crew was transported to Muscat aboard a Royal Air…
Continue reading
Asyad Group, one of Oman’s largest integrated logistics providers (specializing in maritime, land, and air logistics), has announced its plan to launch an initial public offering (IPO) of at least 20% of the shares of Asyad Shipping, its…
Continue reading
Oman has taken a major step towards transitioning to clean energy by inaugurating two large solar power plants, Manah 1 and Manah 2, in the Wilayat of Manah, Al Dakhiliyah Governorate. These projects were inaugurated by HH Sayyid…
Continue reading
According to a report released on January 19, 2025, seven Omani banks listed on the Muscat Stock Exchange achieved record-breaking financial performance in 2024. Their combined net profit reached RO522.4 million (approximately $1.36 billion), reflecting a 21.9% increase…
Continue reading
on January 20, His Majesty Sultan Haitham bin Tarik sent an official message congratulating Donald Trump on his inauguration as the 47th President of the United States of America. Message of Congratulations In his message, His Majesty extended…
Continue readingCompany registration, residency, banking and post-registration support through Connsect.
