The Government of Oman has chosen UAE-based DAMAC International, a major developer of luxury properties, to develop its Port Sultan Qaboos into a world-class, waterfront mix use destination through a joint venture with Omran, the government's investment, growth and development arm.
Oman Tender and Business News
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.
Jotun Paints, a Norwegian chemicals company dealing mainly with paints and coatings, has inaugurated its new, state-of-the-art factory in Rusayl Industrial Estate in celebration of 30 years of successful operations in Oman.
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.
In order to escape poverty and support their families back home, thousands of domestic workers from South and South-East Asia migrate to Oman with the promise of stable employment in local households. Once they arrive in Oman, new employers often seize their passports so that they cannot depart when they want, ultimately, denying them their freedom of movement.
Boston Market IP Company Ltd., an affiliate of Boston Market Corporation, a fresh food alternative to fast food franchises headquartered in Colorado, just signed a development agreement to open between 25 to 30 restaurants across the Middle East over the next few years.
The problem of children around the world being exposed to lead -- and the many medical consequences of that -- is still significant even in the 21st century. A study just published by New York University shows the annual economic cost of lead exposure at $977 billion worldwide, with ~$700 billion of that happening just within Asia.
According to a just released market study, the global total value of all airport construction projects is estimated at U.S. $637.8 billion. The biggest single chunk of that is in the Asia-Pacific region, with $224.1 billion or 35.1% of the total.
There is an oil producing country situated in the Gulf region, made of a cluster of islands. It is small, surface and population wise. But it holds the dubious privilege of ranking top of the list out of the 33 countries most likely to be water-stressed in the year 2040. This country is the “Mamlakat Al Bahrain” (the Kingdom of the Two Seas) or simply Bahrain.
UN Secretary-General Ban Ki-moon has singled out Oman as perhaps the only Arab country in the Gulf playing a discreet role – mostly behind-the- scenes – in helping resolve some of the military and political conflicts in the war-ravaged region.
SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.
A new industry report forecasts future trends for the growing worldwide demand for cardiovascular needles. North Amnerica is expected to continue to lead demand for the products, but all regions are seeing increased demand.
The World Health Organization just issued its latest Zika Virus situation report, including maps showing the spread of the virus worldwide and recommendations for those who are or may become infected.
Persistence Market Research (PMR) has recently announced the publication of a market study on the global seasonings and spices market. On a global basis, Europe and Asia-Pacific dominate this market.
Australian-based Nautilus Minerals Inc. just announced, on behalf of the Solwara 1 Joint Venture (comprising Nautilus 85% and Eda Kopa (Solwara) Limited 15%, a subsidiary of Petromin Holdings PNG), that the three Seafloor Production Mining Tools have arrived safely at Duqm Port in Oman.
A 6,830-ton North Korean cargo ship was seized by Philippine government officials as it docked into Subic Bay on March 3. The vessel, its cargo and its crew will be held indefinitely as part of new tougher United Nations sanctions recently approved against the North Korean government.
A new study by ABI Research suggests that despite a floating myth speculating that it will only be a matter of time before personal computers meet their demise, the market is still going strong and shows no sign of slowing down in the immediate future.
The FAO Food Price Index was stable in February, as falling sugar and dairy prices offset a substantial jump in vegetable oil prices from the previous month.
A growing number of pollinator species worldwide are being driven toward extinction by diverse pressures, many of them human-made, threatening millions of livelihoods and hundreds of billions of dollars worth of food supplies, according to the first global assessment of pollinators.
Despite growing interest in safeguarding biodiversity of livestock and poultry, genetic erosion continues.
A petition has been posted on the White House's web site calling for Obama's prosecution for war crimes in The Hague.
The automotive industry is creating lucrative opportunities along with the increasing market value of polyisobutylene--an impermeable substance used in tires, agricultural chemicals, chewing gum, etc. More than 55% of that market was provided by Asia Pacific corporations.
After nine years in office, UN Secretary-General Ban Ki-moon will step down in December perhaps without achieving one of his more ambitious and elusive political goals: ensuring the entry into force of the Comprehensive Nuclear-Test-Ban Treaty (CTBT).
Income inequality in the world is getting worse and is bringing with it further damage to the poorest of the world's population.