Oman Tender and Business News

Oman Signs DAMAC International To Transform Port Sultan Qaboos

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.

Sustainable Human Development Requires Far More Inclusion

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 Open New Factory in Oman

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.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

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.

Modern-day Slavery in Oman? Domestic Workers in Peril

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 Restaurants to Expand into 7 Middle Eastern Countries

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.

Worldwide Cost of Lead Exposure in Developing Countries Almost $1B Annually

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.

Climate Change II: No Water in the Kingdom of the Two Seas -- Nor Elsewhere

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 Chief Lauds Oman for Discreet Role in Peace Talks

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.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

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.

Nautilus Seafloor Mining Production Tools Arrive in Oman

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.

Pollinators Vital To Our Food Supply Under Threat

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.

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