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The Sultanate's authority for electricity regulation has recommended the introduction of cost-reflective tariffs for large consumersOman Daily Observer - 14-Aug-2016
Laudable improvements in cutting down on electricity transmission and distribution losses, yielded savings totaling a staggering RO 687 millionOman Daily Observer - 11-Aug-2016
A doubling in the price of gas sold to electricity generation plants resulted in a significant increase in underlying subsidy per kWh in 2015.Oman Daily Observer - 09-Aug-2016
The renewable energy project is being jointly developed by Oman's Raeco and the UAE-based Masdar.Times of Oman - 04-Aug-2016
Oman plans to start trial work for a spot market for electricity in 2019 and commercial operation in the following year.Times of Oman - 21-Jul-2016
Changes in the global political climate have resulted in increasing uncertainty in trading markets and economies around the world. For investors, this could be either a great time to invest in assets or a better time to protect their net worth.
The UAE is embracing technology innovation with a vengeance and has seen digital payment systems become a key area of focus.