Business
Oman crude drops to $72.99 as global oil prices slide
Muscat: The GME Oman marker price for the August 2026 Oman Crude Oil Futures Contract fell to $72.99 per barrel...
Business
Strait of Hormuz transit will take ‘weeks’ to resume
Shipowners will not resume transit through the Strait of Hormuz for weeks until they are confident that the U.S.-Iran deal...
Business
Al Suwaiq Industrial City courts investors
SUWAIQ: Madayn has stepped up efforts to attract investment to Suwaiq Industrial City, showcasing opportunities in the emerging industrial hub...
Business
Oman economy to grow 2.4% in 2026: World Bank
MUSCAT, JUNE 15 Oman’s economy is projected to grow by 2.4 per cent in 2026 despite a sharp slowdown across...
Business
OMIFCO targets up to 8.3% dividend yield as IPO subscription...
MUSCAT, JUNE 15 Oman India Fertiliser Company (OMIFCO) is offering investors a dividend yield of between 7.8 and 8.3 per...
Business
Call for stronger standards to win global markets
MUSCAT, JUNE 15 As Oman’s Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) steps up efforts to enhance export readiness...
Business
Oman hotel revenue hits RO 96.2 million by April
MUSCAT: Revenue generated by Oman’s three- to five-star hotels reached RO96.2 million by the end of April 2026, while total...
Business
Salalah Airport retains five-star status
SALALAH: Salalah Airport has retained its five-star Skytrax rating for a second consecutive year, reinforcing its position among a select...
Business
OMIFCO eyes decarbonisation, low-carbon ammonia production
MUSCAT, JUNE 15 Oman India Fertiliser Company (OMIFCO) is examining multiple pathways to develop low-carbon ammonia, a product increasingly sought...
Business
Oman aviation gears up for Khareef flights
MUSCAT: Oman’s aviation sector is gearing up for a busy Dhofar Khareef season, with airlines increasing flights and seat capacity...