Business | Omanet

Oman's renewable energy generation from solar and wind surged to 11.5% in the first five months of 2025, compared to

Oman’s oil and gas production remained steady in 2024, with crude oil reserves at 4.825 billion barrels and natural gas

Oman's economy is projected to grow by 2.2% in real terms by the end of 2025, up from 1.7% in

Oman’s tourism sector contributed RO 2.7 billion to GDP in 2024, up from RO 2.3 billion in 2018. Total tourism

Oman's general import price index increased by 1.3% in Q1 2025 compared to 2024, with notable rises in oils, fats

Oman's Ministry of Commerce emphasizes that intellectual property (IP) is crucial for economic and scientific growth. In 2024, IP registrations

The Financial Services Authority (FSA) will begin operations from its new premises in Airport Heights, Seeb, on July 13. This

Oman has received a significant vote of confidence as Moody’s upgraded its credit rating to investment grade for the first

OQ Alternative Energy (OQAE) plans to develop over 10 GW of renewable energy capacity in the next decade, aligning with

Muscat: Moody’s Investors Service has upgraded Oman’s credit rating from “Ba1” to “Baa3,” placing it in the investment-grade category, with

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