Oman launches $200M clean energy fund with China’s Templewater

Future Fund Oman, a fund owned by the country’s sovereign wealth fund, the Oman Investment Authority, and Hong Kong-based alternative asset manager Templewater have established a clean energy fund worth $200 million. The Energy Transition Fund,...

Omani Rial to Pakistani rupee rate; July 09, 2025

The Omani Rial (OMR) is trading at a rate of Rs 748.9 against the Pakistani Rupee (PKR) in the open market on Wednesday, July 09. The buying and selling rates for OMR were recorded at Rs 739.9 and Rs 748.9, respectively. The exchange rates for...

Tall Ships Races: Everything you need to know about Aberdeen 2025

Ken BanksBBC Scotland, Aberdeen ShareSave Sorlandet is one of the many impressive tall ships taking part The final countdown is on for the start of the Tall Ships Races Aberdeen, which organisers predict will be the biggest tourist event in...

Oman participates in meeting of WIPO Assemblies of Member States

Geneva: The Sultanate of Oman is taking part in the 66th session of Assemblies of Member States of the World Intellectual Property Organisation (WIPO), held in Geneva, Switzerland, until 17 July 2025. Oman's delegation is led by Dr. Saleh Said...

Oman Charitable Organisation disburses over RO3mn aid across Oman in H1 2025

Muscat – Oman Charitable Organisation (OCO) distributed more than RO3mn in aid within the sultanate during the first half of 2025, reaffirming its ongoing commitment to supporting those in need and promoting transparency and public trust. The...

Opportunity Oman: Unlocking trade and investment with Indonesia

The contours of global commerce are being redefined by collaborations among nations in the Global South, forging innovative pathways for mutual growth and development. Within this transformative environment, the Sultanate of Oman and the Republic...

Zionist crimes in war against Iran must not go unpunished

Faezeh Mohammed, an Omani writer and journalist, has condemned the terrorist acts carried out by the Israeli regime, calling them a blatant violation of international law and human rights. She said these state-sponsored terrorist attacks expose...

Moody’s Raises Oman’s Credit Rating, Citing Stronger Fiscal Resilience

MIDDLE EAST: First dedicated energy transition fund launched in Oman

Details Written by Lesley Bankes-Hughes Published: 11 July 2025 Pan-Asia alternative asset manager Templewater and Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund have launched the Energy Transition Fund which is intended to...

Oman launches first energy transition fund worth $200 million

MUSCAT: Future Fund Oman (FFO), an Oman Investment Authority (OIA) Fund and Templewater, a leading pan-Asia alternative asset manager announced on Wednesday the launch of the Energy Transition Fund. This marks the first dedicated fund of its kind...

Bank Muscat receives global certification for Payment Card Industry Data Security Standard

MUSCAT : In a move that underscores its commitment to adopting the latest cybersecurity standards and investing in advanced protection technologies, Bank Muscat, the leading financial services provider in the Sultanate of Oman, announced it has...

Reliance Consumer launches Campa in Nepal; partners with Chaudhary Group

Reliance Industries' FMCG arm Reliance Consumer Products Ltd has launched its soft drinks brand Campa Cola in Nepal, according to a statement on Monday. RCPL has partnered with Nepal's conglomerate Chaudhary Group (CG) for the roll out of Campa in...

Oman: Dhamani ranked 5th globally in e-government innovation

Muscat – National Health Insurance Platform – Dhamani – developed by Financial Services Authority (FSA) has been ranked fifth globally in the E-Government IT Applications category at the World Summit on the Information Society (WSIS) Forum 2025...

Oman: State Council discusses draft laws and income diversification study

Muscat – The State Council convened on Tuesday for its eighth session of the second ordinary term of the eighth period, during which it reviewed several key legislative proposals and strategic studies aimed at enhancing Oman’s legal and economic...

Oman’s first energy transition fund launched

Muscat: Oman Investment Authority (OIA) has announced the launch of the Sultanate of Oman’s first investment fund dedicated to the energy transition, established through a strategic partnership between the ‘Future Fund Oman (FFO)’ and Templewater,...

Oman’s Duqm emerges as global hub for green steel production; Meranti secures gas allocation

MUSCAT – Meranti Green Steel confirmed that it has received a provisional commitment for natural gas supply from Oman’s Integrated Gas Company (IGC), the nation’s sole gas aggregator and supplier. The announcement, shared by the company on...

“Economic satisfaction” as a pillar of deterrence

TEHRAN - In a recent editorial, Arman-e-Emrooz addressed a crucial yet often overlooked aspect of national deterrence amid escalating regional tensions and the ongoing confrontation—direct or indirect—between Iran and Israel. While much attention...

Oman: Tender launched for $103mln Spray Boulevard project in Salalah

SALALAH – With its lush landscapes and monsoon mist, Salalah has always been a magnet for visitors seeking escape and serenity. Now, that natural beauty is being transformed into something lasting. Oman has officially launched the tender for the...

Oman launches 'Space Accelerators Program' to boost local innovation

Muscat: The Ministry of Transport, Communications and Information Technology (MTCIT) has officially launched the "Space Accelerators Program," a strategic initiative designed to empower Omani startups in developing cutting-edge space-related...

Oman launches Space Accelerators Program to boost innovation and startups in space sector

MUSCAT – The program, launched today in Seeb, seeks to foster entrepreneurship in the space sector, promote investment in advanced technologies, and support the transfer and localization of space services within Oman. It also aligns with the...