Business
Oman inflation rises 3.8% in May: NCSI
Muscat: Oman’s Consumer Price Index rose by 3.8 per cent in May 2026 compared with the same month of 2025,...
Business
Asyad revenue climbs to RO 713 million in decade
MUSCAT: Revenue at Asyad Group has surged nearly sixfold over the past decade, highlighting the rapid expansion of Oman’s national...
Business
Hynfra advances green ammonia project in Oman
MUSCAT, JUNE 20 Hynfra, a Poland-based developer of large-scale green hydrogen projects, has signed an agreement with US-headquartered Ohmium International...
Business
Oman trade surplus holds at RO 1.54 billion
MUSCAT: Oman’s trade surplus remained broadly stable at RO 1.54 billion in the first quarter of 2026, as a decline...
Business
OPAZ unveils Al Duqm waterfront master plan
MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has unveiled a master plan for the Al...
Business
Oman targets $1 billion salt investment drive
MUSCAT: Oman’s salt industry is entering a new phase of industrial development, supported by investments exceeding $1 billion and a...
Business
Why airfares may not fall after the US-Iran deal
The preliminary U.S.-Iranian deal could lower fuel prices, but don’t expect cheaper flights anytime soon. The conflict caused jet fuel...
Business
Waymo recalls nearly 4,000 robotaxis after freeway forays
San Francisco: Waymo, the subsidiary of Google parent Alphabet and US robotaxi leader, has recalled nearly 4,000 of its driverless...
Business
Enegix global to power Oman’s first national digital mining pool
Muscat: Enegix Global, a multi-jurisdiction digital infrastructure and Bitcoin mining group, has announced that it has been appointed as the...
Business
Oil shipments gather pace in Hormuz
London: Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a...