Business | Omanet

Spot premiums for US West Texas Intermediate crude have surged to record highs as Asian and European refiners compete for

The Sultanate of Oman has completed a fully integrated solar module manufacturing chain, with investments totaling RO 1.153 billion. This

Oil prices surged as Trump threatened military action against Iran, raising concerns about supply disruptions. Brent crude rose above $111

Oman’s electricity sector is advancing towards energy self-sufficiency and sustainability, with production rising by 14.6% to 3,256.5 GWh in January

North Al Sharqiyah Governorate saw significant growth in business activity in 2025, with commercial registrations rising by 25.2% to 1,665.

Oman's trade balance recorded a surplus of RO 256 million in January 2026, down from RO 528 million a year

The GCC has made significant strides in renewable energy and climate resilience, as highlighted in the 2024 climate report. Rainfall

As Oman’s economic landscape rapidly accelerates toward the goals set by Vision 2040, the transition to digital business models is

Sixty percent of commodity-bearing ships crossing the Strait of Hormuz since the start of the Middle East conflict have connections

The UN Security Council postponed a vote on authorizing "defensive" force to protect shipping in the Strait of Hormuz from

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