INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Muscat plans light rail metro network

    • Muscat is being redesigned as part of the Oman National Spatial Strategy, which looks at the planning of the country’s cities for the next 20 years

    • Under this plan, multi-use areas will be set up around metro stations for developments such as offices, retail stores, and residential areas

    Oman is planning to link the cities of Ruwi and Muttrah to the airport and Seeb through a light metro network, said local reports on Wednesday, July 28.

    The metro will be one of the main transport arteries of Muscat, with Ghala as the center of its commercial activities, said the reports.

    Muscat itself is reportedly being redesigned as part of the Oman National Spatial Strategy, a blueprint that looks at the planning of the country’s cities for the next 20 years.

    Under this plan, multi-use areas will be set up around the various metro stations for developments such as offices, retail stores, and residential areas.

    The reports said special financial and regulatory incentives will also be given to sites such as the airport zone and Ghala, research facilities in places such as Al Khoud and Halban, and industrial zones in Misfah and Rusayl, to attract investments and promote growth.

    Wadis or valleys in Muscat are also expected to be turned into pedestrian walkways and parks to provide people in the city opportunities to lead healthier lives.

    Alongside the metro, revised transportation plans include a passenger rail service that will connect Seeb to Sohar, the capital of the North Al Batinah Governorate.