Majd Award Launched to Boost Local Content: What It Means for Businesses and Investors in Oman
The Ministry of Energy and Minerals launched the second edition of the "Majd" Award to boost local content in energy
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Duqm Steel Project Construction Advances: Key Opportunities for Investors and Businesses in Oman
A key 935-tonne reactor has arrived at Port of Duqm for Jindal Steel Duqm’s $3B low-carbon steel project. Featuring two
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MCDC Launches SWIFT Financial Messaging Service: What It Means for Financial Transactions and Business Efficiency in Oman
Muscat Clearing and Depository Company (MCDC) has launched the SWIFT financial messaging service to enhance Oman's capital market infrastructure. This
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Al Buraimi Industrial City Secures RO 30 Million Investment: What It Means for Business Growth and Opportunities in Oman
Al Buraimi Industrial City, managed by Madayn, attracted 14 projects worth RO 30 million in 2025. Approved investments hit RO
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Airport Traffic in Oman Rises 8.8% in January: What It Means for Investors and Business Growth Opportunities
Passenger traffic through Oman's airports rose 8.8% by January 2026 to 1,452,911 passengers, driven by a 2.7% rise in international
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Rising Tensions Between Iran and US: What It Means for Global Oil Markets and Investors
Iran threatened to reduce US-linked oil facilities to "a pile of ashes" amid ongoing Middle East war. The conflict has
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Middle East Conflict Spurs Stocks and Oil Price Drop: What Investors and Business Owners in Oman Should Know
Oil dipped under $100 amid ongoing Mideast conflict, sparking inflation fears and market drops. Central banks may hold or raise
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New Graphite Refinery in Al Buraimi: What This Pact Means for Oman’s Industrial Growth and Investment Opportunities
An agreement was signed for a major graphite refining project in Al Buraimi, Oman, by Quantum Graphite Limited and Sunlands
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Salalah Fire Contained: What It Means for Stability and Investment Opportunities in Dhofar Markets
The fire at Salalah Port, caused by a strike on fuel storage tanks, is under control. Despite regional concerns, Dhofar’s
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Omani Crude Hits Record High of $144.36: What This Means for Oil Investors and Businesses in Oman
The Oman crude closed at $144.36 on May 26, up $9.61 from $134.75. It surpassed the previous high of $141.27
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