Financials and Investment News in Oman

OQ enables Duqm's growth journey
10/24/2025 - OQ, the global energy investment company, continues to strengthen its strategic presence in the Special Economic Zone at Duqm (SEZAD), one of Oman’s most vital engines of industrial growth. Guided by ...
Oman Investment Authority launches Energy Transition Fund
9/13/2025 - In line with Oman’s efforts to establish itself as a regional and global hub for clean and renewable energy solutions, and to attract international expertise and investments, Oman Investment Authority...
Asyad Drydock Accelerates Toward Global Maritime Leadership
7/20/2025 - Asyad Drydock, a subsidiary of Asyad Group, marked an unprecedented year in 2024, delivering 232 projects with unmatched efficiency, the highest annual output since operations began in 2011. This mile...
Future Fund Oman and Templewater Launch the Sultanate's First Energy Transition Fund
7/9/2025 - Future Fund Oman (FFO), an Oman Investment Authority (OIA) Fund and Templewater, a leading pan-Asia alternative asset manager announced today the launch of the Energy Transition Fund ("the Fund"). Thi...
Templewater and Future Fund Oman Launch the Sultanate’s First Energy Transition Fund
7/9/2025 - Templewater, a leading pan-Asia alternative asset manager, and Future Fund Oman (FFO), an Oman Investment Authority (OIA) Fund announced today the launch of the Energy Transition Fund (“the Fund”). Th...
Asyad Shipping announces final IPO price at the top of range
3/4/2025 - Asyad Shipping Company SAOG (under transformation) (“Asyad Shipping” or “ASC” or “the Company”), one of the world’s largest diversified maritime providers and a global leader in deep-sea transportatio...
GCCIA and QDF Inkpact a Landmark Financing Agreement for Oman Direct Interconnection Project
2/13/2025 - Under the patronage of His Excellency Engineer Salim Al Aufi, Minister of Energy and Minerals of the Sultanate of Oman, the Gulf Cooperation Council Interconnection Authority (GCCIA) and the Qatar Dev...
ahlibank Signs a Master Service Agreement with PDO to Provide Comprehensive Banking Solutions
1/26/2025 - As part of its commitment to provide tailored banking services that foster economic progress, ahlibank has sign a strategic Master Services Agreement with Petroleum Development Oman (PDO) as one of it...
Invitation to the Presentation of Tethys Oil’s Third Quarter 2024
10/29/2024 - Tethys Oil will publish the interim report for the third quarter 2024 on Tuesday, 5 November 2024 at approximately 7:30 CET. The Company hereby invites all interested parties to a webcasted conference...
OQ Exploration and Production Shares Listed on Muscat Stock Exchange as the Largest Listed Company
10/28/2024 - The Muscat Stock Exchange (MSX) celebrated the listing of OQ Exploration and Production’s (OQEP) shares on 28 October 2024, marking the commencement of public trading following an Initial Public Offer...
Invitation to the Presentation of Tethys Oil’s Second Quarter 2024
7/30/2024 - Tethys Oil will publish the interim report for the second quarter and the first six months of 2024 on Tuesday, 6 August 2024 at approximately 7:30 CEST. The Company hereby invites all interested parti...
OQ Group Reports OMR 970M Profit in 2023, with 408 Million OMR in ICV
4/3/2024 - OQ, the global integrated energy group, released today its financial results for 2023. The company reported a revenue of OMR 13.7 billion, earnings before interest, taxes, depreciation and amortisatio...
Tethys Oil : The Board of Directors' Proposal for Dividend to the Annual General Meeting 2024
3/27/2024 - The Board of Directors proposes to the Annual General Meeting 2024 that no dividend for the financial year 2023 is to be paid. The Company is in the process of assessing the capital requirements acros...
Gulf International Bank Opens in Oman
3/7/2024 - Gulf International Bank B.S.C. (GIB) celebrated the official launch of its wholesale banking branch in Muscat, another milestone in the Group’s GCC expansion strategy and further commitment to the Sul...
Tethys Oil Announces Financial Guidance for 2024
2/6/2024 - Tethys Oil is pleased to announce the Company’s financial guidance for 2024:

- Production: annual average in the range of 8,200 ± 400 bopd

- Operating expenditures: USD 17.5 per ba...
Tethys Oil to Recognize Up to $47MM Impairment Charge for Q4 2023
1/24/2024 - Based on the preliminary results of an impairment test of the oil and gas properties and evaluation of exploration activities relating to Tethys Oil’s interest in Blocks 3&4 in the Sultanate of Oman, ...
SNF Announces $250M Expansion Plan in Oman
1/4/2024 - SNF, world’s leading manufacturer of polyacrylamide, has announced $250 million expansion plan in self-financing and partnerships in the Sultanate of Oman. With more than 1.5 million tonnes capacity o...
Triterras Collaborates with Oman-Based Mamun
12/18/2023 - Triterras, Inc., a leading fintech company focused on digital trade and supply chain finance has announced a strategic alliance with Oman-based Mamun, an embedded fintech infrastructure as a service a...
OQ Group Boasts $1.1 billion Net Profit in First Half of 2023
9/10/2023 - OQ, the global integrated energy group, reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of USD 2.3 billion for the first half of 2023. Additionally, the group posted a...
Sohar Port and Freezone Presents 2022 Highlights and Contributions to the Community
3/26/2023 - SOHAR Port and Freezone held its Annual Business Reception at The Chedi Muscat where it revealed excellent performance achievements and meaningful contributions to the community over the past year, wi...

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