Economy | Omanet

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

Omani firm 44.01, renowned for turning CO₂ into stone with 91% removal efficiency, has been named among the Top 40

Oman LNG hit record production in 2024 with 98.23% plant efficiency. New long-term contracts total 10.4M tonnes yearly, boosting market

Oman Airports saw a 2% increase in June 2025 passenger traffic with 1,134,924 travelers. Growth credited to upgrades, smart tech,

Oman's Consumer Price Index rose 0.82% in June 2025 from June 2024. Highest increases: personal goods (7.45%), transportation (3.12%), restaurants

The Oman Logistics Academy has appointed Dr. Mansoor al Qasmi as CEO, effective Feb 27, 2025. With 25+ years in

Category: Economy