Economy | Omanet

In 2024, Oman's real estate trading value hit RO 3.38 billion, led by Muscat with RO 1.25 billion. Building permits

The Ministry of Heritage and Tourism (MoHT) held workshops in India with 25 Omani and 150 Indian tourism companies, aiming

The Ministry of Commerce, Industry and Investment Promotion (MOCIIP) will launch the 'Golden Residency' for investors on August 31, along

OQ Exploration & Production (OQEP), Oman’s state-owned energy company, reports 221.2K boepd in Q1 2025, 14% of national output. Key

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

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