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 the gold price eased from the record highs seen at the start of 2026. This pushed demand for H1 2% higher year-on-year to an estimated 2,522t worth US$380bn. Investment in gold ETFs, bars and coins dropped […]
MUSCAT: Oman’s electricity market is set for a major transformation following the introduction of a new regulatory framework allowing renewable energy producers to sell electricity directly to eligible consumers, ending the sector’s long-standing reliance on a single-buyer model for renewable power transactions. According to legal experts, the Authority for Public Services Regulation’s (APSR) Decision No. […]
MUSCAT, JUNE 14 Oman’s cybersecurity market is projected to grow to $214.27 million by 2031, supported by digital transformation, data residency requirements and the expansion of locally developed cyber solutions, according to the Cybersecurity Market and Investment Report 2026. The report, prepared under the Ministry of Transport, Communications and Information Technology, Oman National CERT, Hadatha […]
Muscat: India is set to remain the principal destination for urea exports from Oman India Fertiliser Company (OMIFCO) following its landmark initial public offering (IPO), according to details disclosed in the company’s prospectus. The prospectus highlights OMIFCO’s long-standing strategic role in supporting India’s fertiliser requirements and outlines new arrangements that will secure substantial export volumes […]
