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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.

GCC-Hong Kong Trade Surges 30%: What This Growth Means for Investors and Entrepreneurs

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

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OPA 24 Service Excellence: What Oman’s Best Service Outlet Award Means for Business Investors in Muscat

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

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Apple’s First Store Closure in China: What It Signals for Investors and Business Owners

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

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Foundation Stone Laid for RO 80 Million Salalah Tourism Complex: What This Means for Investors and Business Growth in Oman

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

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Omani Startup Aims to Onboard 5,000 Drone Pilots: What This Means for Business Growth and Investment Opportunities in Oman

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

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Pact Signed to Develop Natural Hydrogen Value Chain: Key Opportunities and Impact for Oman’s Energy Investors and Entrepreneurs

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

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SEZAD Launches Duqm Summer Series with AI Focus: What This Means for Investors and Entrepreneurs in Oman

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

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Tesla Taps Samsung for AI6 Chips in $16.5 Billion Deal: What This Means for Investors and Business Growth in the Tech Sector

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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European Union Accepts 15% US Tariff: What It Means for Business and Investment Opportunities in Oman

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

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Salalah’s New Iconic Coastal Destination: What It Means for Business Growth and Investment Opportunities in Oman

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

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