Gas deal emerges as key test of OMIFCO’s IPO story Business

Gas deal emerges as key test of OMIFCO’s IPO story

Muscat: As Oman India Fertiliser Company (OMIFCO) prepares to open its initial public offering to investors, one of the most important elements behind the company’s profitability lies outside the share offer itself: a long-term natural gas supply agreement with the Government of Oman. The agreement, signed in September 2025 and effective from July 15, 2025, […]

Oman banks face trust test as AI reshapes financial services Finance

Oman banks face trust test as AI reshapes financial services

MUSCAT, MAY 23 Oman’s banks must move beyond digital transformation and build trusted, AI-enabled financial ecosystems as technology reshapes competition, customer behaviour and the delivery of financial services, the CEO of the Oman Banks Association (OBA) said last week. Speaking at the New Age Banking Summit Oman, Mustahil bin Ahmed al Mamari said the banking […]