Page 5 - Oman

Indian goods worth $3.7 billion entering Oman to get boost by FTA: GTRI

Over 83.5 per cent of Indian goods worth USD 3.7 billion such as gasoline, iron and steel, electronics, and machinery will get a significant boost in Oman, once both sides reach a comprehensive free trade agreement, a report said on Tuesday. According to the - India-OMAN CEPA: Gateway to Middle Eastern Markets and Beyond - report, prepared by think tank Global trade Reproach Initiative (GTRI), these goods at present face a 5 per cent import duty in Oman. India and Oman are negotiating a comprehensive economic partnership agreement (CEPA), under which the two countries could significantly reduce or eliminate customs duties on the maximum number of goods agreed between them. With the new trade agreement, these products, including major export items like motor gasoline (exports worth USD 1.7 billion), iron and steel products (exports worth USD 235 million), electronics (USD 135 million), machinery (USD 125 million), aluminium oxide (USD 126 million), textiles (USD 110 million), alumina

Here's why Oman emerging as new choice for Indian destination weddings

There has been an almost two-fold rise in the number of Indian weddings that took place across various star-category properties located across Oman this year, compared to the corresponding period last year, officials said. A representative of the Ministry of Heritage and Tourism, Sultanate of Oman said Omani officials began communicating with Indian wedding planners many years ago to promote the Sultanate as a potential location for Indian couples looking to experience the warmth and beauty of the country as a wedding destination. Oman is closer and has better airline connectivity to India than other preferred destinations by Indian couples. It is also the perfect location for visitors coming from Europe and other parts of the world to attend Indian weddings, says Arjun Chadha, Country Manager India, Buzz Travel Tourism. Salalah, with its natural topography, global hospitality brands and seamless infrastructure, is among the most sought-after destinations perfectly suited for unique

India is leading digital transformation race: G20 Oman Sherpa Pankaj Khimji

"Energy transition and climate change are really big issues and India is handling it very sensibly, by balancing both the developing and developed nations," said Sherpa

India's ACME Group gets $490 million in funding for Oman project

The facility is expected to produce 100,000 tons of green ammonia annually in its starting phase

ACME Group gets Rs 4,000-cr loan from REC for Oman green hydrogen project

Renewable energy firm ACME Group on Friday said it has tied up a Rs 4,000-crore loan from state-owned REC Ltd for its green hydrogen and ammonia project in Oman. The amount will be used to commence the first phase of the project, to be established at the Special Economic Zone (SEZ) in Duqm, Oman, a company statement said. Once the first phase is ready, about 100,000 tonnes of green ammonia is expected to be produced per annum initially, which will subsequently go up to 1.2 million tonnes a year. The project will be powered by a 5.5-GWp solar PV plant and have the capacity to generate 3.5 GW electrolyser, the statement said. "Diversified renewable energy company ACME Group announced securing Rs 4,000 crore loan from REC Ltd for its green hydrogen and green ammonia project in Oman," it stated. The ACME Group also announced the signing of a Memorandum of Understanding (MoU) with REC Ltd for a Rs 21,000-crore loan to set up four major renewable projects in the country. The MoU was sig

CWC Qualifier: Netherlands go past Oman easily, keep World Cup hopes alive

The Netherlands beat Oman, thanks to Vikramjeet Singh's century and Wesley Baressi's 97. They scored their Baressisecond-highest ODI total and defended it easily to keep World Cup qualification hopes

CWC Qualifier preview: Netherlands face Oman in a must-win super-six game

The Netherlands have two points from three games and in their remaining two games, they must win to have any hopes of making it to the ODI World Cup 2023. Oman are already out of the reckoning

CWC Qualifier preview: Red-hot Zimbabwe face Oman in super six opener

Zimbabwe who have won six matches back-to-back, will be targeting two points as well as their longest winning streak in ODI history as they face Oman in super six opener

CWC Qualifier Day 10 preview: SL, SCO fight for four wins; IRE for first

With all teams decided for the super six stage in Group B, Sri Lanka and Scotland would fight to get to the numero uno position on the table. Ireland would look to avoid wooden spoon as they face UAE

NSA Doval meets top leadership of Oman, focus on boosting bilateral ties

National Security Adviser Ajit Doval on Monday met Oman's top leader Sultan Haitham bin Tarik in Muscat and handed over a written message from Prime Minister Narendra Modi that dealt with various aspects of the ties between the two countries. Separately, Doval also held talks with Oman's foreign minister Sayyid Badr Hamad Al Busaidi with a focus on possible bilateral cooperation in the spheres of technology, military matters and mining, the Oman News Agency reported. On behalf of the government of Oman, Sayyid Badr congratulated India for successfully hosting G20 meetings. Doval called on Sultan Haitham at the Al Baraka Palace and handed over Modi's message to him, the news agency said. It said Sultan Haitham and Doval explored ways to expand bilateral relations and exchanged views on various issues of common interest. Doval conveyed to the sultan greetings from the prime minister and wished for Oman's progress and prosperity. Sultan Haitham reciprocated the greetings and wishes.

CWC Qualifier Day 8 Report: Sri Lanka crush Irish dreams, Oman qualify

Sri Lanka rode on Dimuth Karunaratne's maiden ODI ton to hand Ireland a crushing defeat and first-round exit from the World Cup qualifiers. In another game, Scotland won against Oman

CWC Qualifier Day 8 preview: Ireland fight for survival, Oman face Scotland

Group B at CWC Qualifier will get interesting as Ireland will fight for survival against Sri Lanka. Oman and Scotland will face each other in a battle to determine who will finish second in the group

CWC Qualifier Day 4 Report: Scintillating Scotland lit up the tournament

Michael Leask played a blinder as Scotland defeated arch-rivals Ireland by one wicket in a last-ball finish at the Cricket World Cup Qualifier. In a West Asian derby, Oman beat UAE comprehensively

CWC Qualifier Day 4 preview: Ireland seek recovery, Oman second victory

After losing to Oman, Ireland would look to get past neighbours Scotland to keep their hopes of reaching the super six alive. Oman would be seeking another win they face neighbours UAE

CWC Qualifier Day 2 Report: Hasaranga rattles UAE, Oman upset Ireland

Playing as expected, Lanka breezed past UAE in their first match of the CWC Qualifier. Hasaranga took 6 wickets for the South Asian side. In another game, Oman upset the Irish with a brilliant win

CWC Qualifier Day 2 preview: Sri Lanka take on UAE, Oman challenge Ireland

After a thrilling opening day in group A of the Cricket World Cup qualifier, the focus now shifts to group B as the action moves to Bulawayo from Harare. Sri Lanka take on UAE while Ireland face Oman

CWC Qualifiers group B: Scotland, UAE, Oman challenge IRE for top 3 finish

CWC Qualifiers: Sri Lanka are the hot favourites to go through this group. However, two more spots are remaining from the group and four teams fight for them

Road to ODI World Cup 2023: Know all about the Cricket World Cup Qualifier

ICC Cricket World Cup Qualifier 2023 (CWC Qualifier 2023) would begin on June 18 where 10 teams would compete for the final two spots in the 10-team World Cup, to be hosted by India later this year

The maritime realm of Oman's sultans

Seema Alavi's book sheds light on the often overlooked role of Omani sultans in shaping regional dynamics. It shifts from the Western perspective and provides us with the view from Oman

Iran may consider extension of natural gas pipeline from Oman to India

Iran may consider an extension of the sub-sea natural gas pipeline from Oman to India, its Deputy Foreign Minister for Economic Relation Mehdi Safari said in a statement on Friday. "Already, Iran is building this natural gas pipeline to Oman, which can be extended to India up to Porbandhar," Safari said while speaking at an interactive meeting organised by MVIRDC World Trade Center Mumbai on Thursday evening, it added. The deputy foreign minister was in Mumbai to promote the 'Iran Expo 2023' to be held from May 7-10 this year in Tehran and explore trade and investment collaborations across 11 major categories, MVIRDC World Trade Center Mumbai said in the release. Despite economic sanctions, India is among the top five trade partners of Iran, and both countries are strategic partners, the statement quoted the deputy foreign minister as saying. "Our export to India has grown 60 per cent in 2022, and in the last two months, it has grown 90 per cent. This implies diversification of tra