Economy
New Joint Agreement To Help Bolster Food Security In Oman
The Ministry of Agriculture, Fisheries and Water Resources and the Oman India Fertiliser Company (OMIFCO) signed an agreement today [February 16] to fund the project of implementing an indoor vertical farming project to produce leafy greens.
The agreement was signed within the framework of the Ministry in bolstering the food security system in the Sultanate of Oman.
The agreement was signed by Dr. Ahmed Nasser Al Bakri, the Ministry’s Undersecretary for Agriculture and Sheikh Khalid Mohammed Al Fannah Al Araimi, OMIFCO’s Director of Sustainability and Institutional Communication.

The project includes the use of Plant Factory technology – which is a closed agricultural system in which light, temperature, humidity, and carbon dioxide concentrations necessary for plant growth are artificially controlled.
The plants are grown vertically instead of horizontally as is the practice in traditional greenhouses. This method should increase crop production, while allowing farms to have a stable production of greens, particularly leafy greens, all year round.
Moreover, the system will create investment opportunities for job seekers, and as an added benefit, reduce water consumption by 40 to 60 per cent when compared with regular systems.
-
Banking & Finance2 months agoBank Muscat posts net profit of RO137.49 million in H1 2026
-
Magazines3 weeks agoOER Magazine July Edition 2026
-
Highlights3 weeks agoOERLive: Top 10 Mathematical Problems AI Has Solved or Transformed
-
Banking & Finance1 month agoOman Housing Bank launches digital waiting list for housing loans
-
Magazines3 weeks agoAl Mar’a Magazine July 2026
-
News4 weeks agoMade by Google 2026: Top 10 Biggest Launches You Need to Know – From the New Pixel 11 to a Life-Saving AI Watch
-
Alamaliktistaad Magazines3 weeks agoAlam Al-Iktisaad Magazine July 2026 Edition
-
Banking & Finance1 month agoOERLive ANALYSIS: The Coldcard Hack Shows Why Bitcoin Self-Custody Remains Difficult for Ordinary Users
