Business
Gold market shows resilience as price momentum cools
The World Gold Council’s Q2 2026 Gold Demand Trends report reveals that total gold demand was flat year-on-year at 1,269t, as...
Business
OIA-backed Crusoe to pilot nuclear-powered US data centre
MUSCAT: Crusoe, the US artificial intelligence infrastructure company in which Oman Investment Authority (OIA) retains a stake, plans to pair...
Business
Raysut Cement hands quarry management to subsidiary
MUSCAT: Raysut Cement Company SAOG has appointed its wholly owned subsidiary Tharawat Energy & Mining SPC to manage, operate and...
Business
Oman achieves landmark rocket motor test at Etlaq Spaceport
British-Omani aerospace startup Advanced Rocket Technologies (ART) has conducted the first static fire test of what is described as Oman’s...
Business
Ultra-large container ship MSC Loreto makes maiden call at Sohar...
MUSCAT: The maiden call of MSC Loreto, one of the world’s biggest ultra-large container vessels (ULCVs), at the Hutchison...
Business
Oman launches EPC tender for Ras Markaz oil park expansion
MUSCAT: Oman has launched the engineering, procurement and construction (EPC) tender process for the next phase of development of the...
Business
Oman property transactions reach RO1.43bn amid regional tensions
The Sultanate of Oman’s property market continued to demonstrate resilience during the second quarter of 2026, with transaction values rising...
Business
National observatory for future of work proposed
SALALAH: Oman should establish a national observatory on the future of work; and use artificial intelligence and big-data analysis to...
Business
Asyad Shipping sells stake in two new-build LNG carriers
Muscat: Asyad Shipping has sold a 20 per cent stake in each of its two new-build liquefied natural gas carriers,...
Business
Oman’s SMEs expand rapidly, boosting private sector participation
MUSCAT: The small and medium enterprises (SMEs) sector in the Sultanate of Oman recorded accelerated growth during the first half of...