State Council reviews study on diversifying Oman's sources of income
Muscat – The State Council discussed a study titled ' Mechanism for Diversifying Sources of Income in the Sultanate of Oman' during its fifth meeting on Monday.
The meeting was chaired by H E Sheikh Abdulmalik bin Abdullah al Khalili, Chairman of the State Council.
The study reviewed the current state of the Omani economy and existing sources of national income. It also outlined international experiences in tackling challenges related to income diversification and financial sustainability.
Concluding the discussion, the study stressed the importance of exploring future opportunities and provided recommendations for diversifying income sources across various economic sectors.
The Council also reviewed a report by the Social and Cultural Committee regarding its meeting with officials from the Social Protection Fund to discuss mechanisms for implementing the social protection system.
Additionally, the Council's bureau reviewed reports submitted by members following their participation in regional and international forums, along with updates on ongoing progress reports
© Apex Press and Publishing Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The National
3 hours ago
- The National
King Abdullah II leads tributes as Jordan celebrate historic World Cup qualification
Ali Olwan nets hat-trick in 3-0 win over Oman to seal place at 2026 tournament in US, Canada and Mexico Jordan's King Abdullah II led the tributes as his nation celebrated reaching the Fifa World Cup for the first time in their history. Ali Olwan was the hero for the Jordanians as he netted a hat-trick in a 3-0 win over Oman in Muscat on Thursday night. The jubilant away supporters were joined by Crown Prince Hussein, who was seen celebrating in the stands. The win put the 2023 Asian Cup runners-up into a commanding position to secure a top-two finish in AFC qualifying Group B behind leaders South Korea, and their progress was confirmed a few hours later when the Koreans beat Iraq 2-0 in Basra. Jordan's King Abdullah II congratulated the team on social media. 'This historic qualification is well-deserved by our team, which includes stars and cadres of whom we are proud,' he wrote on X. 'Special thanks go to our loyal fans who have been our support and encouragement.' Jordan's qualification for the expanded 48-team tournament in the USA, Canada and Mexico extends a rewarding period for the national team after their run to the Asian Cup final in 2023. In that competition they eliminated South Korea in the last four before eventually losing to hosts Qatar in the final. The South Koreans cemented top spot in AFC Group B and consigned Iraq to another round of qualifying with a routine victory at the Basra International Stadium. The Iraqi cause was not helped by a first-half red card for Ipswich striker Ali Al Hamadi and goals after the break from Kim Jin-gyu and Oh Hyeon-gyu confirmed their defeat. The Iraqis will drop into the fourth round of qualifying where they will be joined by either Palestine or Oman who meet next week in a winner-takes-all clash. Palestine kept their hopes alive with a 2-0 win over Kuwait on Thursday thanks to goals from Tamer Seyam and Wessam Abou Ali. The six teams who finish third and fourth across the three AFC groups will enter a fresh phase of qualifying featuring two groups of three with the winners of each section sealing a place at the finals. Four of the six teams – UAE, Qatar, Indonesia and Iraq – are already known, with most likely Saudi Arabia and one of Palestine and Oman to complete the line up. Saudi Arabia alive but face steep task Saudi Arabia and Australia will go head-to-head next Tuesday for the second automatic spot in Group C. Australia remain in pole position following their last-gasp win against group leaders Japan in Perth. Defender Aziz Behich was the home hero in front of more than 57,000 fans, rifling into the corner in the 90th minute to give Tony Popovic's side a crucial 1-0 victory. 'We know there's room to grow and room to improve, but we've done something special tonight,' said Popovic, who saw his team outplayed for long periods by an experimental Japan side. Saudi Arabia ensured the race for second place will go down to the wire courtesy of a 2-0 win against Bahrain in Riffa. Goals in either half from Musab Al Juwayr and Abdulrahman Al Obud saw Herve Renard's men stay three points behind second-placed Australia. However, the Saudis will have to win in Jeddah by five goals to leapfrog the Socceroos. Popovic, who replaced Graham Arnold in the dugout in September, added: 'We've all played a part in getting us to this point. We want to go to Saudi Arabia and really finish the job off.' Also in Group C, Patrick Kluivert's Indonesia kept alive their hopes of reaching a first World Cup since the country's independence in 1945 with a 1-0 win over China. That leaves Indonesia fourth in the group, one point behind Saudi. Ole Romeny scored the only goal, his controversial penalty just before half time following a VAR check leaving China rooted to the bottom of the group and thus ending their hopes of making a second World Cup. In Group A, Iran and Uzbekistan confirmed qualification while the UAE and Qatar will move into the next round of qualifying.
Arabian Business
16 hours ago
- Arabian Business
Flying taxis in Oman: LYNEports and AeroVecto team up to plan eVTOL ports and routes
LYNEports and AeroVecto have signed deal to plan hybrid electric VTOL aircraft in Oman. AeroVecto's flagship aircraft, Shuttle, is designed to redefine public transportation in Oman and the wider GCC region. Prioritising passenger capacity and comfort, Shuttle is poised to transform how people move within and between cities, ushering in a new era of clean, efficient, and scalable urban air mobility. eVTOL in Oman Through this partnership, LYNEports will support the planning and simulation of AeroVecto's Shuttle network, ensuring that every site is designed with aviation-grade safety, operational feasibility, and regulatory compliance in mind. Leveraging LYNEports' AI-powered platform, AeroVecto will be able to assess optimal locations, simulate flight paths, and visualise integrated transport networks to accelerate AAM adoption across Oman. Rasha Alshami, CEO of LYNEports, said: 'We're excited to support AeroVecto in bringing their innovative vision to life. Their commitment to solving real public transport challenges in the region aligns perfectly with our mission to make AAM infrastructure accessible, safe, and well-planned from day one.' Fahad Al Riyami, CEO of AeroVecto, said: 'At AeroVecto, our vision is to make high-capacity aerial commuting a practical reality for cities across the region. 'We are excited to partner with LYNEports to advance vertiport planning and route optimisation of the Shuttle network, enabling efficient urban air transport for the masses.'
Zawya
19 hours ago
- Zawya
LYNEports and AeroVecto announce strategic partnership to advance urban air mobility infrastructure in Oman
Muscat, Oman — LYNEports, the leading digital planning platform for vertiport and air mobility infrastructure, is proud to announce its strategic partnership with AeroVecto, a pioneering hybrid electric VTOL (Vertical Take-Off and Landing) aircraft company based in Oman. AeroVecto's flagship aircraft, Shuttle, is designed to redefine public transportation in Oman and the wider GCC region. Prioritizing passenger capacity and comfort, Shuttle is poised to transform how people move within and between cities, ushering in a new era of clean, efficient, and scalable urban air mobility. Through this partnership, LYNEports will support the planning and simulation of AeroVecto's Shuttle network, ensuring that every site is designed with aviation-grade safety, operational feasibility, and regulatory compliance in mind. Leveraging LYNEports' AI-powered platform, AeroVecto will be able to assess optimal locations, simulate flight paths, and visualize integrated transport networks to accelerate AAM adoption across Oman. 'We're excited to support AeroVecto in bringing their innovative vision to life,' said Rasha Alshami, CEO of LYNEports. 'Their commitment to solving real public transport challenges in the region aligns perfectly with our mission to make AAM infrastructure accessible, safe, and well-planned from day one.' 'At AeroVecto, our vision is to make high-capacity aerial commuting a practical reality for cities across the region,' added Fahad Al Riyami, CEO of AeroVecto. 'We are excited to partner with LYNEports to advance vertiport planning and route optimization of the Shuttle network, enabling efficient urban air transport for the masses.' This partnership marks a significant step in bridging technology and real-world mobility, positioning Oman as a regional leader in next-generation public transportation and AAM innovation. About LYNEports LYNEports is a digital infrastructure planning platform for advanced air mobility. Designed for planners, architects, regulators, and OEMs, LYNEports offers AI-powered vertiport design, regulatory simulation, and geospatial analysis, all in one easy-to-use interface. Media Contact LYNEports: Lorenzo Bennassar, CBO press@ About AeroVecto AeroVecto is an Omani eVTOL company developing Shuttle, a hybrid-electric aircraft built to redefine urban public transport. Focused on high-capacity, sustainable air travel, AeroVecto aims to connect cities with comfort, safety, and accessibility in mind. Media Contact AeroVecto: press@ Press Release Media (Image + Video)
