The aim is to raise the contribution to the gross product, promoting economic diversification and developing national industries.
The average price of oil witnessed an increase of 60.9% by the end of June 2022 to reach $90.4 per barrel.
The factory will be established on an area of 60,000 square meters, with an investment of $40 million.
MSX will review the investment environment in the Sultanate of Oman.
The company is facing about 38,000 lawsuits claiming its talc products caused cancer.
The industry's growth in 2022 will be supported by a favourable base, coupled with rising oil prices and the continuous expansion of oil and gas production.
The depression is forecasted to head toward the northwest along the Pakistani coast, with a risk that it might even move along the coast of Oman
Oman has set out plans to build a variety of tourism-related investments across the Sultanate.
The video showed the driver carrying two passengers on top of his car.
The project is part and parcel of the Ministry’s plans to encourage the private sector to take up investment diversification in the field of food security in general and fisheries projects in particular.
The smart cranes have been chosen due to their high performance and speed in container handling.
The mother and one of the children were rescued by the authorities.
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