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Category: Economy

Explore in-depth analysis of the Oman economy. Discover the latest market trends, financial insights, and key developments related to Oman’s Vision 2040.

Oman’s Oil Output to Exceed 1.2 Million BPD by 2028: What This Means for Investors and Businesses

Oman’s oil production is set to rise to 1.2 million bpd by 2028, ahead of schedule, boosted by OPEC+ output

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Nama PWP Awards Sembcorp Salalah New 10-Year Contract: What This Means for Long-Term Investment Opportunities in Oman

Sembcorp, via Sembcorp Salalah Power & Water Company, secured a 10-year Power and Water Purchase Agreement starting April 2027. The

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IATA Urges Governments to Release CORSIA Emissions Units: Key Implications for Aviation and Business Investments in Oman

The International Air Transport Association (IATA) urges governments to urgently address the limited supply of carbon credits for airlines under

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Saudi Arabia’s Monsha’at to Host Biban Forum 2025 in November: Key Opportunities for Investors and Entrepreneurs

The Biban Forum 2025, hosted by Saudi Arabia's Monsha’at from Nov 5-8 in Riyadh, will feature 200+ speakers, 1,000+ exhibitors,

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OIA Invests in Salience Labs: What This Means for AI Innovation and Business Growth in Oman

Oman Investment Authority (OIA) invests in UK-based Salience Labs via its Future Generations Fund, advancing AI tech. Salience Labs develops

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Oman’s Introduction of Personal Income Tax Expected to Generate RO 80 Million: What It Means for Investors and Businesses

Oman will introduce Personal Income Tax in 2028, expected to generate RO 80 million (~$208M). The 5% tax applies to

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4th Musandam Winter Season: What It Means for Tourism Sector Growth and Investment Opportunities in Oman

The 4th Musandam Winter season (Nov 2025-Apr 2026) features 60+ events including festivals, marine sports, and cultural activities. It aims

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MOCIIP Notice on Money-Laundering and Terror Financing: Key Implications for Businesses and Investors in Oman

The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) urges licensed precious metals and stones traders to appoint an employee

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Gold Prices Reach New Record High in GCC: What Investors and Businesses Need to Know

Gold prices in Oman soared with 22-karat at RO44.9/g and 24-karat near RO48.1/g. Global rallies pushed bullion past $3,800 amid

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Oman’s Clean Hydrogen Ambition: What Global Investors and Businesses Need to Know

Oman backs European Hydrogen Week 2025 as ‘Country Partner,’ highlighting its green hydrogen strategy. Led by Minister Salim al Aufi,

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