Business
Oman Crude surges to $81.79
The official price of Omani Crude for September delivery reached $89. 51 on Wednesday, an increase of $7.72 compared to yesterday’s...
Business
Al Mazunah Free Zone holds talks with Yemeni traders
Al Mazunah: Al Mazunah Free Zone on Tuesday held a coordination meeting with representatives of import and export companies operating...
Business
Oman crude surges to cross the $80 level
Muscat: Oman crude surged by $2.34 to cross the $80 per barrel mark on Tuesday. It closed at $81.79 for...
Business
Strategic airport location for Oman’s AI Special Zone
MUSCAT: A prime site adjacent to the Civil Aviation Authority (CAA) headquarters near Muscat International Airport has been selected to...
Business
Oil hits one-month high as war keeps investors on edge
Hong Kong: Brent crude hit its highest price on Monday since June due to renewed fighting between the United States...
Business
Oman opens renewable power market to direct sales
MUSCAT: Oman’s electricity market is set for a major transformation following the introduction of a new regulatory framework allowing renewable...
Business
Canadian energy firm explores investment options in Oman
MUSCAT: Canada Business Holdings Inc (CBH), a Canadian project development and investment company, has announced plans to explore energy-related investment...
Business
Oman accelerates 61 road projects
MUSCAT: The Ministry of Transport, Communications and Information Technology is implementing 61 road projects across the Sultanate of Oman under...
Business
Hydrom joins World Bank-backed green hydrogen partnership
MUSCAT: Oman’s clean hydrogen development drive has gained international recognition with Hydrom joining the Hydrogen for Development Partnership (H4D), a...
Business
Shell’s reported Oman payments fall 13% as Block 6 output...
MUSCAT: Payments reported by energy major Shell to Omani government bodies from extractive activities declined by about 13 per cent...