Oman Offers 36 Investment Opportunities for $4 Bn

The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)
The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)
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Oman Offers 36 Investment Opportunities for $4 Bn

The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)
The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)

Oman Investment Authority (OIA) announced 36 investment opportunities worth about $4 billion and covering various industries.

OIA’s Director General of Economic Diversification, Hisham bin Ahmed al-Sheedi, said these investment opportunities would potentially ensure better alignment and synergy between OIA and other government and private entities.

Sheedi noted that the opportunities are distributed across vital investment sectors, including technology, utilities (electricity), tourism, fisheries, food, mining, and health.

In an interview published in OIA’s first quarter 2023 newsletter, “Injaz & Ijaz,” Sheedi pointed out that the investments on offer were just an initial list likely to increase based on the current and future viability studies.

He noted that specialists in the lounge would explain investment opportunities to the investor as a first step.

The list features numerous IT projects such as programming, engineering solutions, blockchains, and tourism projects, including the 3rd phase of Yiti and Yankit Sustainable City, a multi-facility entertainment destination in Barka and a Logistic Gate project at the Economic Free Zone within Muscat International Airport.

The list also includes several food security and fisheries projects, including fish and shrimp farming, fattening tuna in large floating cages, three factories for canning and packaging marine products, and fish feed production.

The list contains mining projects such as industrial minerals, copper, magnesium, and silicon.



Israel Sees More to Do on Lebanon Ceasefire

FILE PHOTO: A car drives past damaged buildings in Naqoura, near the border with Israel, southern Lebanon,  January 23, 2025. REUTERS/Ali Hankir/File Photo
FILE PHOTO: A car drives past damaged buildings in Naqoura, near the border with Israel, southern Lebanon, January 23, 2025. REUTERS/Ali Hankir/File Photo
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Israel Sees More to Do on Lebanon Ceasefire

FILE PHOTO: A car drives past damaged buildings in Naqoura, near the border with Israel, southern Lebanon,  January 23, 2025. REUTERS/Ali Hankir/File Photo
FILE PHOTO: A car drives past damaged buildings in Naqoura, near the border with Israel, southern Lebanon, January 23, 2025. REUTERS/Ali Hankir/File Photo

Israel said on Thursday the terms of a ceasefire with Hezbollah were not being implemented fast enough and there was more work to do, while the Iran-backed group urged pressure to ensure Israeli troops leave south Lebanon by Monday as set out in the deal.

The deal stipulates that Israeli troops withdraw from south Lebanon, Hezbollah remove fighters and weapons from the area and Lebanese troops deploy there - all within a 60-day timeframe which will conclude on Monday at 4 a.m (0200 GMT).

The deal, brokered by the United States and France, ended more than a year of hostilities triggered by the Gaza war. The fighting peaked with a major Israeli offensive that displaced more than 1.2 million people in Lebanon and left Hezbollah severely weakened.

"There have been positive movements where the Lebanese army and UNIFIL have taken the place of Hezbollah forces, as stipulated in the agreement," Israeli government spokesmen David Mencer told reporters, referring to UN peacekeepers in Lebanon.

"We've also made clear that these movements have not been fast enough, and there is much more work to do," he said, affirming that Israel wanted the agreement to continue.

Mencer did not directly respond to questions about whether Israel had requested an extension of the deal or say whether Israeli forces would remain in Lebanon after Monday's deadline.

Hezbollah said in a statement that there had been leaks talking about Israel postponing its withdrawal beyond the 60-day period, and that any breach of the agreement would be unacceptable.
The statement said that possibility required everyone, especially Lebanese political powers, to pile pressure on the states which sponsored the deal to ensure "the implementation of the full (Israeli) withdrawal and the deployment of the Lebanese army to the last inch of Lebanese territory and the return of the people to their villages quickly.”

Any delay beyond the 60 days would mark a blatant violation of the deal with which the Lebanese state would have to deal "through all means and methods guaranteed by international charters" to recover Lebanese land "from the occupation's clutches," Hezbollah said.