Business | Omanet

Kuwait: OQ Group of Oman and Kuwait Petroleum International signed an agreement on February 3, 2026, to develop a petrochemical

China plans to launch domestic, yuan-denominated LNG futures next month, aiming to reduce reliance on Western pricing. The contracts, listed

Boeing plans the first flight of a production 777X in April, marking progress for its long-delayed jet, with first delivery

Oman Investment Authority (OIA) is channeling capital into non-energy sectors such as logistics, tourism, and manufacturing to support Oman Vision

Elon Musk announced that SpaceX has acquired his AI startup xAI in a record-breaking deal, valuing SpaceX at $1 trillion

Over the past year, President Trump raised U.S. tariffs to about 17%, aiming to revive American industry. This led to

MUSCAT: This week, the government allotted RO 13 million in Treasury bills. The 28-day maturity bills totaled RO 5 million

Commodities markets slumped on Monday, with sharp losses in precious metals and oil following Kevin Warsh's appointment as the next

In the three years post-AI boom, Nvidia remained dominant. However, Amazon and Google have started to challenge this by developing

Gold is esteemed as a precious metal, a cultural symbol, and a strategic reserve. Purity is measured in karats, with

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