Business | Omanet

DUBAI: The world has lost about 1 billion barrels of oil over the past two months, affecting energy markets, said

Traffic in the Strait of Hormuz remains throttled due to U.S.-Iranian naval skirmishes. Competing blockades have trapped about 1,600 ships.

Oman experienced significant growth in digital payments in 2025, with transaction values soaring to RO 3.2 billion, up 76.3% from

The Ministry of Commerce, Industry and Investment Promotion, alongside Oman Exports, will participate in Halal Expo 2026 in Kazan, Russia,

Plans are underway to transform the Oman Botanic Garden Reserve into a premier eco-tourism and experiential site. Proposed projects include

Global oil markets could face tighter supplies even if the U.S. and Iran reach a peace deal, as disrupted shipping

Asia's semiconductor giants, including TSMC, Samsung, and SK Hynix, are leading the AI boom, driving significant market gains. The South

Oman’s economy shows promise for stronger growth, driven by lower public debt and a focus on non-oil activities, according to

Oman's aquaculture sector is swiftly emerging as a key pillar of the non-oil economy, driven by policy support and rising

A new hotel, Golden Tulip Muscat The Village, has opened in Muscat, reflecting growing investor confidence in Oman’s tourism sector.

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