Economy | Omanet

Oman's trade balance surplus dropped 38.5% to RO 2.454 billion by May 2025. Oil & gas exports fell 15.2% to

Abraj Energy Services signed an agreement with Petroleum Development Oman to deploy six onshore rigs in Block 6 from Q4

The total trade between GCC countries and Hong Kong rose 30.91% to $14.4 billion in 2021. GCC exports to Hong

For the second year, OPAZ has won the Best Service Outlet award in Muscat Governorate for 2024. The award recognizes

Apple will close its Dalian City store in Parkland Mall on Aug. 9, marking its first retail closure in China

The Ministry of Heritage and Tourism laid the foundation stone for an RO 80 million integrated tourism complex in Salalah's

Omani drone startup SERB, backed by Oman Investment Authority, plans to onboard 5,000 drone pilots to build a drone management

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

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