Economy | Omanet

Global AI Frenzy and Energy Consumption Surge: What Investors and Entrepreneurs Need to Know for Sustainable Business Growth

The US leads a data center boom with giants like OpenAI, Amazon, and Google investing heavily. Nearly 60% of the

Report Flags Gaps in Oil and Gas ICV Enforcement: What It Means for Investors and Business Owners in Oman

Oman's State Financial and Administrative Audit Authority found wide inconsistencies in how oil and gas companies apply the In-Country Value

New Tools Manufacturing Project in Oman: What It Means for Investors and Business Growth

By CONRAD PRABHU
Economy

Musandam Global Investment Company has partnered with Black Rock Energy to establish a state-of-the-art downhole tools manufacturing facility in Oman.

Digital Cooperation Organisation Expands Ties with Oman: What It Means for Business Growth and Investment Opportunities

By Hibba al Kindi
Economy

The Digital Cooperation Organisation (DCO), founded in 2020, unites 16 member states, including Oman, to drive inclusive digital growth. With

PDO’s ICV Program Boosts Oman’s Economy with Over $4.3 Billion Impact: What Investors and Business Owners Need to Know

By Jomar Mendoza
Economy

Petroleum Development Oman (PDO) has driven Oman’s economic diversification with its In-Country Value (ICV) initiatives, generating $4.3 billion impact. PDO’s

Third Cybersecurity Centre Launched at Middle East College: What It Means for Oman’s Business Security and Investment Climate

By Hibba al Kindi
Economy

The Ministry of Transport, Communications and Information Technology launched the third Hadatha Cybersecurity Industry Centre at Middle East College, Muscat.