Business
Oman plans integrated green industrial park
MUSCAT, JUNE 27 An ambitious Green Park integrating green metals, green manufacturing and a silica-based industrial cluster is planned for...
Business
Oman’s economic transformation highlighted at key forum
MUSCAT: Oman’s economy has shown a growing ability to adapt to global shifts on the back of balanced policies and...
Business
OPEC to shrink over threat of Iraq exit
LONDON: Iraq has weighed leaving the Organization of the Petroleum Exporting Countries if its oil production quota is not increased,...
Business
Al Najd Agricultural City to host 13,000 residents
Al Najd Agricultural City, currently in the early planning and development stages in Dhofar Governorate, will feature an urban centre...
Business
Oil touches prewar levels on rising Middle East supply
Side ENGALURU: Oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, as...
Business
Work begins on Oman’s latest $550m petrochemicals project
MUSCAT, JUNE 24 Construction work has commenced on Oman’s newest petrochemicals project at Sohar Port and Freezone — a $550...
Business
Concession pact for Block 80 signed
MUSCAT: The Ministry of Energy and Minerals (MoEM) signed a concession agreement on Wednesday for Block 80 with OQ Exploration...
Business
Duqm Port gains strategic importance in global trade routes: CEO
MUSCAT, JUNE 23 At a time when the global trade landscape is rapidly evolving and the need for secure, flexible...
Business
Nama PWP launches RFQ for RO 400 million Solar IPPs
BUSINESS REPORTER MUSCAT, JUNE 23 Nama Power and Water Procurement (PWP), the sole buyer of power and water capacity in...
Business
Oman lifts development spending by 38% as project delivery accelerates
MUSCAT, JUNE 22 The numbers in Oman’s State Final Account for Fiscal Year 2025 tell a more interesting story than...