MUSCAT, JUNE 14 Oman’s natural gas market is entering a more complex phase of structurally rising demand, even as supply growth remains comparatively constrained, according to Integrated Gas Company (IGC), which continues to play a central role in balancing allocations across power generation, industry, and strategic economic projects. Speaking on the evolving gas landscape, CEO […]
MUSCAT, JUNE 9 The Ministry of Commerce, Industry and Investment Promotion (MoCIIP), represented by the Competition and Monopoly Prevention Centre, held a specialised two-day workshop to review the construction materials sector in the Sultanate of Oman, in cooperation with the United Nations Economic and Social Commission for Western Asia (ESCWA). The workshop brought together senior […]
IBRI: Al Dhahirah Governorate is strengthening its position as one of Oman’s emerging economic centres, supported by rising investment activity, expanding commercial registrations and continued infrastructure development. Data for the first quarter of 2026 showed that the number of new commercial registrations in the governorate increased by 49.5 per cent to 139, compared with 93 […]
The Sultanate of Oman has recorded a growth in the use of Digital Payment Methods by 2025, reflecting a Qualitative Shift in consumer behavior, and a significant growth in commercial activity and an increase in purchasing power, driven by the development of e-commerce and traditional infrastructure. Data issued by the Central Bank of Oman showed […]
MUSCAT: The Board of Directors of Bank Nizwa has recently announced the appointment of Tariq Atiq as Chief Executive Officer of the bank. This appointment underscores the bank’s continued commitment to empowering Omani talent, reinforcing leadership continuity and driving long-term strategic growth. It also reflects Bank Nizwa’s vision of building a future-ready leadership team capable […]
MUSCAT: The Ministry of Economy on Wednesday received a team of experts from the International Monetary Fund (IMF), currently visiting the Sultanate of Oman. The two sides exchanged views about key developments related to the national economy and prospects for the growth of the Omani economy, notably in non-oil sectors. They discussed the most prominent […]
MUSCAT, JUNE 10 International investors are increasingly viewing Oman as a strategic platform for growth in renewable energy, advanced manufacturing, tourism and innovation, reflecting growing confidence in the Sultanate of Oman’s long-term economic vision and investment environment. This was the key message emerging from a panel discussion held during the Future Fund Oman (FFO) investment […]
