Celebrating women in technology sector National

Celebrating women in technology sector

MUSCAT: Tech Oman successfully concluded one of the country’s most vibrant and inspiring technology gatherings dedicated to empowering and celebrating women in the technology sector. The inaugural Women in Tech event brought together a packed ballroom filled with passionate professionals, aspiring leaders, students, entrepreneurs, and their families for an evening of inspiration, recognition, networking and […]

MoCIIP reviews construction materials sector and highlights growth potential Business

MoCIIP reviews construction materials sector and highlights growth potential

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 […]

Oman’s Islamic finance sector poised to top  billion in 2026 Finance

Oman’s Islamic finance sector poised to top $45 billion in 2026

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, […]

Moody’s revises Oman’s banking sector outlook to stable Finance

Moody’s revises Oman’s banking sector outlook to stable

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 […]