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ITHCA’s $20M Investment in Movandi: A Strategic Boost for Oman’s Semiconductor Industry and Business Growth

ITHCA Group, part of Oman Investment Authority, invested $20M in Movandi, a US-based semiconductor and smart wireless solutions company, to

Omani Firms to Avoid Double VAT on UAE Imports: Key Tax Relief for Business Growth in Oman

Oman Taxi Authority clarifies VAT rules for Omani companies trading with the UAE and Gulf countries. Companies can avoid undue

Gold Prices Surge Past RO50 for 24-Karat Gold in Oman: What This Rally Means for Investors and Businesses

By Agencies
Economy

Global shares fell as U.S.-China tensions rose ahead of trade talks, boosting bonds and gold. Gold prices surged, driven by

Oman Flour Mills Welcomes First Electric Locomotive: Implications for the Future of Transportation in Oman’s Supply Chain

Oman Flour Mills (OFM) has introduced its first electric locomotive, marking a pioneering step in the Sultanate of Oman. This

ITHCA’s $20M Investment in US Firm Movandi: Implications for Oman’s Tech Hub Ambitions

Oman's ITHCA Group has invested $20 million in US-based Movandi to enhance the Sultanate's semiconductor and smart-communications ecosystem, aiming to

Google to Invest $15 Billion in AI Data Centre in India: What This Means for Tech Investors and Entrepreneurs

By Reuters.
Economy

Google will invest $15 billion over five years to establish its largest AI hub outside the U.S. in Visakhapatnam, Andhra

New Green Iron Project in Oman: What It Means for Investors and Business Growth Opportunities

By CONRAD PRABHU
Economy

Oman and India are contenders for a low-carbon green iron production project using locally produced green hydrogen by 2030. ACME

Forum Explores Oman’s Economic Readiness for Global Shocks: Key Insights for Investors and Business Owners

By Oman Market
Economy

The Ministry of Economy held a forum on "Economic Readiness to Face Global Shocks" for International Day for Disaster Reduction,

OQAE Launches First Large-Scale SuperESCO Project in Oman: How It Affects Energy Savings and Business Opportunities

By Oman Market
Business

OQ Alternative Energy has launched Oman’s first large-scale SuperESCO project to enhance energy efficiency at OQ's facilities. This initiative aims

Oman Ports Show Resilience Amid Global Shipping Shifts: Key Insights for Investors and Business Owners

By Jomar Mendoza
Economy

Global container traffic shows steady growth despite challenges. In 2024, ports handled 928M TEUs, up 2% forecast for 2025. Shanghai

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