Thursday, March 6, 2025
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    Oman

    Al Jazeera Steel sees higher profit in 2024 supported by regional construction growth

    Al Jazeera Steel Products Co. reported a 93pct surge in net profit for 2024, reaching OMR 7 mln (USD 18.3 mln), up from OMR...

    Vale Oman reports slight drop in pellet output in 2024

    Vale's iron ore pellet production in Oman declined by 0.9pct YoY in 2024, with output totaling 9.195 mln tons, down from 9.283 mln tons...

    JSIS promotes steel slag as sustainable alternative for road construction

    Jindal Shadeed Iron and Steel (JSIS) hosted an exclusive event at its Liwa facility in North Al Batinah to promote steel slag as a...

    Vale’s Sohar pelletizing plant to transition to renewable power by 2030

    Vale has announced that its iron ore pelletizing plant at Sohar Port will be powered entirely by renewable electricity by 2030, aligning with the...

    Al Jazeera Steel achieves strong profit growth in 2024

    Omani steel producer Al Jazeera Steel Products Co. SAOG reported a significant 73pct YoY increase in net profit for 2024, according to its unaudited...

    MTCIT to launch sustainable ship recycling facilities – report

    To achieve net zero emissions by 2050, the Ministry of Transport, Communications, and Information Technology (MTCIT) plans to establish ship recycling and dismantling yards...

    TotalEnergies and OQAE to build renewable energy projects for PDO

    TotalEnergies, in partnership with OQ Alternative Energy (OQAE), has signed agreements to develop 300 MW of renewable energy projects in Oman. The electricity generated...

    Galfar wins construction contract for road dualization project

    Galfar Engineering and Contracting announced that it has been awarded the construction contract for dualisation of Adam-Thumrait road. The Letter of Award was issued by...

    Tender value jumps 61pct in 2024 amid surge in development spending

    Project tenders issued by Oman jumped by more than 50 pct in 2024 as the Gulf state is using a surge in oil prices...

    Shinas Port awards contract for construction of fuel tanks

    Shinas Port has signed an agreement with Zuhoor Al Khaleej Company to build fuel tanks and manage supply and storage services at the port,...

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