Read the latest news from regional and global sources, presenting different voices and perspectives.
Oman launches $200M clean energy fund with China’s Templewater
Al-Monitor
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July 9, 2025
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,...
Omantel, du announce activation of 275-km OEG submarine cable
Zawya
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UAE's telecom and digital services provider du, and Omantel, the leading provider of integrated telecommunication services in Oman, have announced the activation of the Oman Emirates Gateway (OEG), a 275-km-long international fibre optic submarine...
Omani Rial to Pakistani rupee rate; July 10, 2025
ARY News
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July 10, 2025
The Omani Rial (OMR) is currently trading at a rate of Rs 749.85 against the Pakistani Rupee (PKR) in the open market as of Thursday, July 10, 2025. The recorded buying and selling rates for the OMR are Rs 740.85 and Rs 749.85, respectively. These...
MIDDLE EAST: First dedicated energy transition fund launched in Oman
Bunkerspot
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July 11, 2025
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 participates in global intellectual property summit
Oman Observer
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July 10, 2025
GENEVA:The Sultanate of Oman is participating in the 66th session of the Assemblies of Member States of the World Intellectual Property Organization (WIPO), held in Geneva, Switzerland, until July 17, 2025. Oman’s delegation is led by Dr. Saleh...
Oman’s crude oil reserves dip 2.8% to 4.8 billion barrels
Oman Observer
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July 10, 2025
MUSCAT: Oman’s crude oil and condensate reserves totaled around 4.825 billion barrels at the end of 2024, reflecting a decrease of 2.8 per cent compared to the previous year. Natural gas reserves stood at 23.3 trillion cubic feet (TCF), up from...
Oman fall to Kuwait, face Saudi Arabia today
Oman Observer
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July 10, 2025
MUSCAT: The Oman national U-16 basketball team suffered its second consecutive defeat in the Gulf regional qualifiers for the U-16 Asian Championship, this time losing to Kuwait with a score of 55–64. The match was held at the Bahrain Basketball...
Oman, Bulgaria explore enhancing economic, investment cooperation
Times of Oman
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Sofia: The Sultanate of Oman and the Republic of Bulgaria discussed strengthening economic and investment cooperation between the two countries, leveraging experiences in creating investment-friendly environments, designing investor incentives,...
Malabar Gold & Diamonds unveils its largest jewellery manufacturing unit in Hyderabad
Daijiworld News
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Media Release Hyderabad, Jul 11: Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 400 showrooms across 13 countries, has launched its state-of-the-art, fully integrated jewellery manufacturing unit, the largest of its...
Oman’s Ambassador presents credentials to President of Bangladesh
The Arabian Stories
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July 10, 2025
DHAKA: President Mohammed Shahabuddin of the People’s Republic of Bangladesh today received credentials of Jameel Haji Al Balushi as Ambassador of the Sultanate of Oman to the People’s Republic of Bangladesh, in the Presidential palace in Dhaka....
Moody’s Investor Service upgrades Oman to investment grade as reforms pay off
The Arabian Stories
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July 11, 2025
Muscat: The credit upgrade reflects Oman’s strengthened public finances and its ability to absorb economic shocks. Moody’s credited the government’s effective fiscal management, noting a significant drop in government spending—from over 41% of GDP...
OPEC+ Eyes Pause in Production Rises After September Surge
Arabian Post
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July 11, 2025
OPEC+ plans to finalise a 2.2 million-barrel-per-day supply restoration by September and is deliberating halting further production increases from October onwards, delegates have indicated. Source participants say the cartel has scheduled a final...
Oman, Templewater Launch $200M Green Transition Fund
Energy Intelligence
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July 10, 2025
Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund and Hong Kong-based private equity firm Templewater have formed a $200 million fund to spur investment in energy transition and advanced manufacturing in the sultanate.
Oman: Tech Mahindra committed to invest in upskilling and reskilling local Omani talent
Zawya
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Muscat: India-based Global IT services major Tech Mahindra has a significant footprint in Oman and offers a wide range of services from 5G and AI to cloud and cybersecurity. The tech major brings global expertise to co-create innovative,...
Oman Convention Bureau to showcase MICE potential at EPEX
Travel & Tourism News Middle East
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Travel, Tourism & Hospitality July 2025 104 Oman Convention Bureau confirms participation in EPEX 2025, aiming to become a leading player in the high-value events and incentive travel segment, joining the premier global platform for MICE and...
Oman: Mango crop development research enhances food security
Zawya
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Suhar: As part of Oman’s efforts to boost agricultural sustainability and food security, the Agricultural Research Centre in Suhar, affiliated with the Directorate-General of Agricultural and Animal Research at the Ministry of Agriculture,...
Oman and Hong Kong firm launch $200m energy transition fund
MEED
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July 10, 2025
The fund is jointly backed by sovereign institution Oman Investment Authority and Hong Kong-based Templewater, and is the first green energy project finance vehicle in the sultanate Become a MEED subscriber for unlimited access to: Exclusive news,...
Oman: OIA launches $200mln JV energy transition fund
Zawya
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MUSCAT: Oman Investment Authority (OIA) launched a $200 million joint energy transition fund here yesterday, July 9, 2025. ‘The Energy Transition Fund’ is the result of a partnership between OIA’s Future Fund Oman (FFO) and Chinese investment firm...
Oman: FSA launches new licensing system for accounting and auditing
Zawya
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MUSCAT: The Financial Services Authority (FSA) announced the launch of a new electronic system for applications for licensing and renewal of the licenses to practice the accounting and auditing profession. The new system allows users to submit...
Oman affirms commitment to developing integrated intellectual property system at WIPO meeting
The Arabian Stories
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July 10, 2025
GENEVA – The Sultanate of Oman is taking part in the meeting of WIPO assemblies – held in Geneva, Switzerland, until 17 July 2025 – under the leadership of His Excellency Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry...