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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

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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

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

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

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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

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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

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

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

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

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

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

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

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

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

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

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

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