Economy | Omanet

ASYAD Shipping recorded a 31% profit growth in 2024, with net profits of RO51.5M ($133.9M) and total assets of RO1B.

Gold futures hit a record high after reports of unexpected tariffs on one-kilo gold bars, key to Switzerland's exports to

Fitch Ratings affirmed Energy Development Oman SAOC’s Long-Term Issue Default Rating at 'BB+' with a Positive Outlook. EDO, a key

India approved 300 billion rupees ($3.4 billion) compensation to oil companies for losses on subsidized cooking gas sales, enabling continued

Gold surged 0.81% above $3,400, settling near $3,396. US tariffs on gold imports caused a record $102 spread between NYC

The recent decision by eight OPEC+ countries, including Oman, to cut production by 547,000 bpd in September 2025 is praised

Global energy major BP appoints Najla Zuhair al Jamali as President BP Oman. With 20+ years in energy, she will

US trade partners like Switzerland, Brazil, and India rushed to negotiate better terms as President Trump's higher tariffs took effect,

Low diesel stockpiles worldwide are supporting oil prices despite rising OPEC+ supply. Diesel demand remains strong due to resilient manufacturing

Global equities rose, with Japanese shares hitting record highs, boosted by tech gains on Wall Street, positive earnings, hopes for

Category: Economy