#Oman

UAE-Oman railway Hafeet Rail enters implementation phase

UAE-Oman railway Hafeet Rail enters implementation phase

The passenger train will reach a top speed of 200 km per hour covering the distance between Sohar and Abu Dhabi in 100 minutes

UAE, Oman sign multi-sectoral deals worth Dhs129bn

UAE, Oman firms sign multi-sectoral deals worth Dhs129bn

The deals span renewable energy, railway connectivity and investments in digital infrastructure and technology

OQ, France’s TotalEnergies to build an LNG hub in Oman

OQ, France’s TotalEnergies to build an LNG hub in Oman

The Marsa LNG project includes upstream gas production, a one million-ton-per-year liquefaction plant and a 300-megawatt solar plant

Oman

Oman trade deal a priority for India: Reports

The trade ministers of India and Oman met in December 2023 and had asked their negotiators to wrap up talks on a comprehensive pact

OMAN-WEATHER-RAIN

Flash floods in Oman claim lives, cause extensive damage to property

The nation’s National Multi-Hazard Early Warning Centre had issued alerts prior to the deluge, but the severity of the floods caught many residents off guard.

Oman

Oman announces Eid al Fitr 2024 holiday dates for public, private sector

Those working in the public and private sector will mark the Eid al Fitr holiday from April 9 and will resume work from April 14

Oman puts 103 countries on visa-free list Image Getty Images

Oman’s fiscal future brightens as S&P boosts outlook to positive

The ratings agency expects Oman’s real GDP to expand by about 2 per cent per year on average during the 2024-2027 period

Oman mobile internet coverage

New Financial Services Authority established in Oman to regulate services

The implementing regulations setting out the FSA’s roles and responsibilities and other specific details are expected to be published soon

Oman

Oman launches $5.2bn ‘future fund’ to drive economic development

By focusing on critical areas, the ‘Future Fund Oman’ aims to revitalise the country’s economic pillars and propel sustainable growth

Rain, rough sea conditions expected on March 26 and 27 in Oman Image Oman Meteorology

Oman weather: Rain, rough sea conditions forecast on March 26-27

The authorities have informed residents of a possibility of rain and thundershowers, varying in intensity from 10-40mm over areas such as Al Hajar, Dhofra, parts of Al Wusta and South Al Sharqiya

Lower GCC growth amid oil cuts, says Oxford Economics

GDP growth for Saudi Arabia in 2024 is expected to top 2.1 per cent, while growth in the UAE is set to reach 4.4 per cent

UAE oman - rain - wet weather

UAE, Oman issue alerts for heavy rain and thunderstorms

Authorities in the UAE and Oman have issued a severe weather warning for Saturday, March 9

Oman to invest $31bn in tourism sector by 2040. Getty Images by Emran Omar

Oman to invest $31bn in tourism sector by 2040

In 2023, Oman received four million visitors, up from 2.9 million in 2022, a year-on-year rise of almost 38 per cent

UAE WEATHER ALERT - NCM

Weather: Low pressure system to bring rainy, windy conditions to Oman and the UAE

The NCM has forecast overcast conditions along with intermittent rain showers due to a developing weather system in the seas

OMAN - WEATHER - RAIN - ALERT

Oman weather alert: Holiday announced for employees, schools due to heavy rain

The anticipated heavy rainfall has raised concerns for localised flooding in low-lying areas

Oman

Oman sets up OMR2bn fund to oversee government investments

The fund offers funding and investment solutions to various investor categories including private sector organisations, SMEs, foreign investors, and startups

Illegal e-cigarette sales: Oman announces new fines

The Sultanate of Oman has reiterated that traders who illegally sell e-cigarettes could face more stringent fines

Oman

Oman sets up sustainable finance framework in green push

The Sultanate plans to issue sustainable finance instruments whose proceeds will be used to fund and re-finance renewable energy projects

Oman holiday

Oman declares holiday for public and private workers on Jan 11

Workers in Oman will get a long weekend as January 11 is celebrated as Accession Day of Sultan Haitham bin Tarik

Oman heads into 2024 with projected budget deficit

The Sultanate of Oman is expecting a budget deficit for the year, after it swinging away from a surplus during 2023

How REITS are unlocking the potential of UAE real estate

How REITs are unlocking the potential of UAE real estate

REITs in the UAE are a crucial component of the real estate investment landscape and provide opportunities for both local and international investors

Masdar

Top marks for GCC nations in digital connectivity index

Countries in the GCC are ranking among the highest in the world when it comes to the state of their digital connectivity in 2023

Etihad Rail

Etihad Rail: 9 amazing facts about this growing network

The UAE’s national rail network has made great strides since the project’s inception in 2016

Oil output freeze by Saudi, Russia to have 'miniscule' impact on oversupply

OPEC+: GCC’s Saudi, UAE, Kuwait and Oman to cut oil outputs

Members of OPEC+ agreed to make additional voluntary outputs in reduction, but the announced cuts were not as deep as expected.

Oman - USGS earthquake map

Oman: 5.3 magnitude earthquake recorded in Dhofar Governorate

The EMC at Sultan Qaboos University said the quake was recorded at a depth of 4 kilometres

Aramex opens advanced cargo delivery centre in Oman

Oman: Aramex opens new advanced courier operation facility

Featuring the latest sorting and processing technology to ensure precision, the new facility is equipped with non-stop CCTV surveillance, improved access control, and strict security protocols

OMAN-EID AL FITR

Oman’s National Day holiday 2023: Public, private sector gets 4-day weekend

Oman will mark its 53rd National Day with a four-day long weekend but with limited celebratory activities

GCC unified visa

GCC unified tourist visa to be introduced soon: UAE minister confirms date

The new visa will open doors to travellers, granting them access to six countries under a single, unified tourist visa, and foster economic synergy across the GCC

CYCLONE TEJ

Cyclone Tej impact on the UAE: Rains, hail and cloudy weather

The NCM has warned that the UAE would see some effects caused by the tropical storm

A view of Cyclone Tej as it approaches the Oman coast Image courtesy Oman Meteorology

Cyclone Tej: Oman declares two-day holiday in Dhofar, Al Jazar Wilayat

NCEM, in coordination with local authorities, has established 32 shelters in Dhofar Governorate and three in Al Wusta Governorate