Business | Omanet

Oman has streamlined business start-ups, reducing the average establishment time to just four to five days. With only four key

The Central Bank of Oman will host the 17th Islamic Financial Services Board Summit in Muscat from February 2–4, 2026.

US President Donald Trump announced a 100% tariff on China, reigniting trade tensions over export controls on rare earth minerals.

The Port of Salalah signed a lease with Horizon Energy Salalah to create a Bio-Fuel Storage Hub, enhancing Oman’s renewable

Oman Agriculture Development Company (OADC) launched the 'Rima Project' to cultivate 150,000 jojoba trees over 1.2 million m² in the

Oil prices remained stable as investors assessed the Gaza ceasefire against stalled Ukraine peace talks. Brent crude rose to $66.27,

The Port of Salalah has signed a lease with Horizon Energy to create a Bio-Fuel Storage Hub, enhancing Oman’s renewable

Banks in the Gulf region showed strong performance in H1 2025, with improved profitability and asset quality, despite tighter liquidity.

Oil prices rose on Thursday after three days of losses, supported by potential tighter sanctions on Russian crude. Brent crude

OpenAI's valuation has surged to $500 billion after employees sold $6.6 billion worth of shares. This increase from $300 billion

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