Iran War Sparks Global Rush to Build Oil Reserves: What Investors and Businesses Need to Know
Vulnerable countries seek to build oil and gas storage buffers after Iran war shocks, potentially creating demand for 500M barrels.
Read More
Vulnerable countries seek to build oil and gas storage buffers after Iran war shocks, potentially creating demand for 500M barrels.
Read More
When Oman introduced VAT in 2021, its permanence was uncertain. Four years later, VAT generated RO 631 million in 2025,
Read More
Oman's public revenues rose 8% in 2025, narrowing the fiscal deficit by over 26% due to stronger oil and gas
Read More
The Oman Chamber of Commerce and Industry launched its fifth Franchise Programme to boost private sector competitiveness and economic diversification
Read More
The Bukha Waterfront Development Project in Musandam Governorate is 95% complete, enhancing the region's tourism infrastructure. Covering 26,000 square meters,
Read More
Oman’s natural gas sector is transforming to balance rising domestic demand, industrial growth, and energy transition goals. CEO Abdulrahman al
Read More
Oman's annual inflation rate rose to 3.8% in May 2026, driven by higher transport, food, and personal service costs. Food
Read More
The Special Economic Zone at Duqm (SEZAD) has announced tourism and energy projects valued at $1.39 billion. Notable developments include
Read More
Oman's Consumer Price Index rose 3.8% in May 2026 year-on-year, with a 2.8% increase Jan-May. Highest price rises: miscellaneous goods
Read More
Oman's salt industry is evolving with over $1 billion in investments, focusing on value-added manufacturing. New projects target industrial, food-grade
Read More