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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.

FSA Cancels CFI Financial Licence: What This Means for Investors and Businesses in Oman

The Financial Services Authority (FSA) has cancelled CFI Financial LLC's licence and deregistered it for violating anti-money laundering laws and

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Oman Launches First Wind Turbine Manufacturing Project at Duqm SEZ: What This Means for Investors and Entrepreneurs

CID Gulf LLC, an Omani-Moroccan firm, secured a contract for Oman’s first wind turbine manufacturing project at Duqm SEZ. The

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Oman’s First Wind Turbine Plant: What the New Design Firm Appointment Means for Investors and Entrepreneurs

CID Gulf LLC, an Omani-Moroccan firm, secured a contract to design Oman’s first wind turbine manufacturing project at Duqm SEZ

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ICV, Masar, and SMEs: Key Drivers Shaping Oman’s Industrial Talent and Business Growth

A senior Omani industry leader outlines a blueprint to boost workforce development and local supply chains, emphasizing youth empowerment, practical

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European Airports’ Check-in Glitch After Cyberattack: What It Means for Travel and Business Operations

Some of Europe's biggest airports, including London's Heathrow, faced disruptions after hackers targeted Collins Aerospace's check-in systems. Despite delays and

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Green Hydrogen to Anchor Oman’s Energy Strategy: What This Means for Investors and Business Growth

Oman’s Minister of Energy, Eng Salim bin Nasser Al Aufi, highlighted green hydrogen as key to the future energy landscape,

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FSA Revokes CFI Financial License: What This Means for Investors and Businesses in Oman

The Financial Services Authority (FSA) has withdrawn CFI Financial LLC’s license and removed it from the register for failing to

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Oman Names Winner of RO 155 Million Ibri III Solar IPP Project: What This Means for Renewable Energy Investors and Businesses in Oman

The consortium of Masdar, KOMIPO, and Al Khadra Partners won a tender to establish a 500 MW solar IPP at

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Banking Sector Credit Surpasses RO 34 Billion: What This Means for Investors and Businesses in Oman

The total outstanding credit extended by Oman's banking sector grew 8.9% to RO 34.1 billion by July 2025. Credit to

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RO 116 Million Worth Pacts Signed at Comex 2025: What This Means for Business Growth and Investment Opportunities in Oman

At Comex 2025 in Muscat, agreements worth RO 116 million were signed, marking a 45% rise from 2024. Over 150

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