Business
Transport, storage sector adds RO 2.3 billion to economy
MUSCAT, JUNE 22 Oman’s transport and storage sector contributed RO 2.3 billion to the national economy in 2025, accounting for...
Business
Airline ticket prices may stay high as carriers bank fuel...
CHICAGO/LONDON: Airlines stand to save billions of dollars on jet fuel after an interim U.S.-Iran peace deal sent oil prices...
Business
Oman tax, fee revenue hits RO 2.1bn in 2025
Muscat: When Oman introduced VAT in 2021, the question was whether it would stick. Four years on, the answer is...
Business
Oman’s development spending rises 38% to accelerate project delivery
Muscat: Oman’s development expenditure reached RO 1.577 billion in 2025, exceeding the approved budget allocation by RO 437 million, as...
Business
SEZAD highlights $1.39 billion tourism, power projects
MUSCAT, JUNE 21 The Special Economic Zone at Duqm (SEZAD) has highlighted major tourism and energy developments with a combined...
Business
Oman inflation rises 3.8% in May
MUSCAT: Oman’s annual inflation rate accelerated to 3.8 per cent in May 2026, driven by higher transport, food and personal...
Business
Oman weighing domestic gas pricing reform: IGC
MUSCAT, JUNE 21 Oman’s natural gas sector is undergoing a period of transformation as policymakers and industry stakeholders seek to...
Business
Bukha waterfront nears completion
BUKHA: Construction of the Bukha Waterfront Development Project in Musandam Governorate has reached 95 per cent completion, bringing the coastal...
Business
5th OCCI Franchise Programme to boost global reach of Oman...
MUSCAT, JUNE 21 In a move reflecting national trends towards enhancing the competitiveness of the private sector and expanding its...
Business
Oman’s 2025 revenue rises 8% as deficit narrows
MUSCAT: Oman’s public revenues rose 8 per cent in 2025, helping narrow the fiscal deficit by more than a quarter,...