Business
Oman real estate deals near RO 946 million
MUSCAT: The value of real estate transactions in Oman rose 13.4 per cent year-on-year to RO945.8 million by the end...
Business
Jet fuel output in Oman rises 10.9%
MUSCAT: Oman’s refining sector delivered mixed results during the first four months of 2026, with stronger jet fuel output and...
Business
Omani space tech startup wins FFO backing
MUSCAT, JUNE 16 Muscat-based Rocket Elements and Technologies (RE&T), an Omani space technology startup focused on advanced propulsion systems, has...
Business
Private vehicle inspection station launched in Oman
MUSCAT, JUNE 16 In a move marking a new era for private sector participation in the vehicle transport and technical...
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...