Economy | Omanet

SOHAR Port and Freezone has signed an MoU with Swiss company HYNAT SA to develop a natural hydrogen value chain

The Special Economic Zone at Duqm (SEZAD) launches its Duqm Summer Series on August 5, focusing on AI and automation

Tesla CEO Elon Musk announced that Samsung Electronics will supply Tesla with its next-gen AI6 chips under an eight-year, $16.5

The US and EU reached a trade deal setting EU export tariffs at 15%, averting a potential trade war. The

Construction has begun on the Boutique Hotel Salalah and Marina, a RO 90 million project along Dhofar’s southern coast. Spanning

Tariq Mohamed al Balushi, CEO of Molecules LLC, believes business is about value and purpose. His Omani company spans pharmaceuticals,

Total trade between GCC countries and France reached USD 29.7 billion in 2023, down 8.42% from 2022. GCC exports to

A specialised training on "Harmonised System and Customs Tariffs" began July 27, 2025, at Liwa Centre, Muscat. Organised by the

The GCC nominal GDP reached $587.8 billion by Q4 2024, up 1.5% from Q4 2023. Non-oil activities contributed 77.9%, with

Tourism investment in Duqm's SEZAD reached over RO 853 million by end-2023, with 21 hotels and major projects underway. Key

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