Asyad Shipping has signed agreements to build three new VLCCs with South Korea's Hanwha Ocean, costing RO 149.6 million ($388.5M).
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The International Financial Centre of Oman (IFC Oman), based in Madinat al Irfan, is established by Royal Decree No 8/2026
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Oman's transportation decarbonisation roadmap aims for Net Zero by 2050, focusing on policy, technology, and infrastructure. The Ministry of Transport
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An Oman economist warned that perceived weakening of US Federal Reserve independence could impact the dollar, equities, and safe-haven trades.
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A Royal Decree has established the International Financial Centre of Oman (IFC Oman), an independent platform for global financial activities
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Food Development Company, part of Salalah Mills, is launching its industrial bakery in Khazaen Economic City on January 14, 2026,
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Oman Telecommunications Company (Omantel) invested over RO 500 million in digital infrastructure, expanding services from telecom to AI and cybersecurity.
Read More The Oman Global Financial Centre (OGFC) will be located in Madinat al Irfan, enhancing Oman's position as a global financial
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Oman Air Cargo has launched a new Muscat-Kigali route to boost trade between East Africa, the Middle East, and Europe.
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Oil prices hit seven-week highs as Iran cracks down on protests, risking export declines. Venezuela's expected export resumption limits gains.
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