Economy | Omanet

Federal Reserve Chair Jerome Powell signaled a possible interest rate cut soon but gave no timeline, urging caution amid economic

The US and EU finalized a trade deal with a 15% US tariff on most EU imports, including autos and

Oil prices rose 1% on strong US demand and uncertainty over Ukraine war efforts. Brent crude hit $67.48, WTI $63.36.

Walmart raised its sales outlook despite rising import costs due to tariffs. Q2 revenues hit $177.4B, up 4.8%, but adjusted

German machinery exports fell 3.4% in H1 2025 to €98.3B amid global trade conflicts. US exports dropped 9.5% due to

The Public Authority for Special Economic Zones and Free Zones (OPAZ) has awarded a contract for a 14 km dual

Bids are being evaluated for four oil and gas blocks tendered by Oman’s Ministry of Energy and Minerals in the

The Ministry of Commerce, Industry and Investment Promotion highlighted Oman's growing global trade presence. Key export markets include Saudi Arabia

Oman’s ZabonEx is transforming the food and beverage sector with predictive analytics to reduce waste and boost sales. After securing

Omani products are gaining traction in global markets, driven by North Al Batinah's strategic location and logistics. Exports rose 8.6%

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