MUSCAT, Oct 24 Oman has restored investment-grade status and cut public debt sharply while building a pipeline of green-hydrogen projects, Central Bank of Oman Governor Ahmed bin Jaafar al Musalmi told the inaugural Oman Investment Forum in the United Kingdom this week. He said steady reform and a stable monetary framework were underpinning growth and […]
MUSCAT, NOV 5 The Sultanate of Oman’s banking sector has continued to demonstrate resilience and stability, with total assets projected to reach RO 47.8 billion by 2025, almost doubling from RO 25.8 billion in 2015, according to figures presented during the Building a Future-Ready Bank summit organised by Cedar-IBS Intelligence. The report indicates that Oman’s […]
MUSCAT: The investment promotion sector in the Sultanate of Oman is seeing a quantum leap, represented in the efficiency of the integrated system for attracting capital and supporting sustainable economic diversification. Ibtisam bint Ahmed al Farooji, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion, said that the volume of foreign […]
TRIPOLI: Mohamed al Menfi, President of the Presidential Council of the State of Libya, received Dr Hilal bin Abdullah al Sinani, who presented his credentials as the non-resident Ambassador Extraordinary and Plenipotentiary of the Sultanate of Oman to the sisterly State of Libya, on Saturday. This took place during a reception held at the Council’s […]
MUSCAT, JAN 5 Oman’s 2026 State General Budget may be judged less by its headline deficit and more by whether it can convert improving investor confidence into steady non-oil growth, as indicators tracked by leading brokerage firm United Securities show stronger banking activity, a sharp recovery in the Muscat Stock Exchange and rising foreign direct […]
Muscat: Oman’s Islamic finance industry, which reached a value of about $36 billion at the end of last year, is projected to balloon to $45 billion in 2026, underscoring the strong growth trajectory of Sharia-compliant finance in the Sultanate of Oman. According to Fitch Ratings, the sector is expected to witness double-digit growth this year, […]
CONRAD PRABHU MUSCAT: Leading international ratings agency Moody’s has revised the outlook for Oman’s banking sector (Baa3 stable) to stable from positive, citing expectations that non-oil GDP growth will remain around 3.5% in 2026, which is expected to sustain loan growth. Economic activity is anticipated to be driven by robust sentiment, growth in tourism, and […]
Muscat: Oman’s next phase of artificial intelligence growth will depend less on applications and more on the infrastructure needed to host, secure and scale them locally, a senior Otech official said.Hassan Al Lawati said Otech, the fully owned technology arm of Omantel, is expanding its cloud, data centre, cybersecurity and AI computing capabilities as government […]
In periods of international tension, it is usually the loudest voices that dominate the headlines. Yet history rarely turns on noise alone. More often, stability has depended on quieter actors — countries willing to keep channels open when others stop listening, and to preserve space for diplomacy precisely when it appears to be failing. Few […]
