Business
Oman posts 2.6% GDP growth in first quarter
MUSCAT, JULY 2 Oman’s economy grew 2.58 per cent in real terms in the first quarter of 2026, but weaker...
Business
Asian shares fall as chipmakers drag; US jobs data looms
Asian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets...
Business
OMIFCO IPO attracts RO 4.69 billion in bids
BUSINESS REPORTER MUSCAT, JULY 1 The Financial Services Authority (FSA) has approved the share allocation ratios for the initial public...
Business
Oman, French firm partner on smart meter manufacturing
BUSINESS REPORTER MUSCAT, JUNE 30 Oman’s Platform for Smart Manufacturing (Ectron), a subsidiary of the National Energy Centre (NEC), has...
Business
EDF to invest in energy storage and solar projects
BUSINESS REPORTER MUSCAT, JUNE 30 During the official visit of a high-level delegation from the Sultanate of Oman to France,...
Business
Oman studies first pumped hydro energy project
MUSCAT, JUNE 29 Oman’s power sector authorities are studying the feasibility of developing the Sultanate’s first Pumped Hydro Energy Storage...
Business
Two major BESS projects near completion in Oman
MUSCAT, JUNE 29 Construction of two utility-scale Battery Energy Storage System (BESS) projects is nearing completion at Ibri in Al...
Business
Dhofar expands tourism base as hotel rooms top 8,400
SALALAH, JUNE 28 Dhofar Governorate has 36 tourism projects under development, including 23 that have already entered construction, as the...
Business
High-end tourism projects advancing across Oman
MUSCAT, JUNE 28 Omran Group, the Omani government’s executive for tourism development, says it is making headway in the development...
Business
Salalah Future City moves from vision to design stage
SALALAH : Oman’s planned Salalah Future City is moving from broad masterplanning towards detailed engineering design, with the consultancy contract...