Economy - Tony Walsh توني والش

Oman Air to be right sized says Engineer Saeed bin Hamoud Al Maawali, Oman's Minister of Transport, Communications and Information Technology and Chairman of the Board of Directors of Oman Air.

Oman Air recently signed a major sponsorship deal with British Football club Chelsea, for three years. The deal with apparently include a specially-designed co-branded livery, which will be unveiled as part of Oman’s fleet later this year, as well as other promotional content campaigns.

Oman Air’s CEO, at that time, Continue reading “Oman Air to be right sized says Engineer Saeed bin Hamoud Al Maawali, Oman’s Minister of Transport, Communications and Information Technology and Chairman of the Board of Directors of Oman Air. “

Oman ratifies the Geneva Act of the Lisbon Agreement on Appellations of Origin and Geographical Indications this protects brand names that are geographic in nature.

Oman ratifies the Geneva Act of the Lisbon Agreement on Appellations of Origin and Geographical Indications by by Royal Decree 19/2021 on February 15, 2021 .

This Geneva Act in itself is Continue reading “Oman ratifies the Geneva Act of the Lisbon Agreement on Appellations of Origin and Geographical Indications this protects brand names that are geographic in nature.“

Middle East’s most powerful women

The annual ranking of the Middle East’s most powerful women in business has now been revealed by Forbes Middle East. From the sultanate, four Omani women have made to the coveted top 50 of The Middle East’s Power Businesswomen 2021.

From Oman, Haifa al Khaifi,

who was recently named CEO of Energy Development Oman (EDO) is ranked 30th. Continue reading “Middle East’s most powerful women”

Oman Budget 2021

The Oman Budget for 2021 has been announced.

The figures are based Continue reading “Oman Budget 2021”

New Government Ministries and Ministers in Oman created by Sultan Haitham bin Tariq Al Said

Sultan Haitham bin Tariq Al Said has made many Royal Decrees about Government Ministries (see below) and under Royal Decree No. 111/2020 created New Ministers in Oman. (see here for 2022 update)

Sayyid Badr bin Hamad bin Hamoud Al Busaidi is appointed Continue reading “New Government Ministries and Ministers in Oman created by Sultan Haitham bin Tariq Al Said“

Oman to Close Critical Customs Clearance Offices to reduce COVID19 spread

Oman will close its Customs Clearance Offices on the main border with the UAE at Hatta / Al Wajajah – in favour of online clearance.

Closure of Customs Clearance Offices at Al Wajajah Border Post#عمان_تواجه_كورونا pic.twitter.com/nt29gVrdF8

— Oman VS Covid19 – عمان تواجه كورونا (@OmanVSCovid19) May 5, 2020

Oman Qatar Trade grows substantially

Trade volume between Oman & Qatar has grown dramatically from USDollars549 Million in 2016 to USDollar1.8Billion in 2019

Remarkably Oman is Qatar’s main destination for its non-Oil products. Currently, there are some 200 jointly owned Omani/Qatari companies in Oman and 350 jointly owned Omani/Qatari companies in Qatar.

Mohsin Khamis Al Balushi of Continue reading “Oman Qatar Trade grows substantially“

Oman Budget 2019 a rise in expenditure, income and reduction in deficit percentage

The Oman budget is approved with expenditure of OMR (Omani Rials ) 12.9 billion (USD33.5billion)
.

Continue reading “Oman Budget 2019 a rise in expenditure, income and reduction in deficit percentage“

FERRY SERVICE FOR OMAN FROM QATAR? as Qatar is trying to establish a Ferry Service

A Ferry Service for Oman from Qatar and Kuwait might be launching soon.

Grand Ferry via Abdul Basit The Peninsula

This seems to be being organized from Continue reading “FERRY SERVICE FOR OMAN FROM QATAR? as Qatar is trying to establish a Ferry Service“

Duqm Refinery

Duqm Refinery has achieved full finance on its path to becoming a driver in Oman’s economic diversification.

One of Oman’s economic objectives is to diversify its income, and the strategies include adding value to raw materials, leverage its geographical location and maximize local manpower skill sets.