Al Suwadi Power Company and Al Batinah Power Company have initiated a preliminary assessment for a potential merger, along with
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Oman has joined the Global Stocktake of National Circular Economy Roadmaps, advancing resource efficiency and sustainable development in line with
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The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a $250M agreement with South Korea’s EL B&T
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The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed an agreement with Korean EV company EL B&T
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DUBAI: The world has lost about 1 billion barrels of oil over the past two months, affecting energy markets, said
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Saudi oil giant Aramco reported a net profit increase of over 25% in Q1 2026 compared to Q1 2025. Total
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Traffic in the Strait of Hormuz remains throttled due to U.S.-Iranian naval skirmishes. Competing blockades have trapped about 1,600 ships.
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The Oman Investment Authority has signed agreements to acquire stakes in two Turkish companies, SAMAS Mining and Tekatron, through the
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Oman experienced significant growth in digital payments in 2025, with transaction values soaring to RO 3.2 billion, up 76.3% from
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Oman is enhancing its legislative framework to support Oman Vision 2040, focusing on competition protection and anti-monopoly laws to foster
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