Economy | Omanet

China's leading state-owned banks are set to recover in 2026 from record-low profit margins as $7.8 trillion in high-priced time

The Middle East aviation sector, impacted by the US-Israel/Iran War, sees a rise in GCC operations. Oman Air, Air Arabia,

Gold is falling into bear territory due to leverage and rising government bond yields, with prices down over 20% since

At first glance, the Iran war hits oil and gas equally, but gas suffers more due to fewer rerouting options

Oman Investment Authority (OIA) is expanding in the semiconductor sector to boost Oman’s advanced tech industries and localize key value

Oman crude oil price rose to $160.20 per barrel on Monday, up $2.26 from last Friday. Despite the spike, March's

The project to establish a wind turbine manufacturing plant in Oman aligns with Oman Vision 2040, supporting energy transition and

In Kleinkarlbach, Germany, chemical firm Gechem struggles amid rising costs from global conflicts and energy price spikes. Owner Martina Nighswonger

The Sultanate of Oman, which mediated US-Iran nuclear talks, is working to secure safe passage in the Strait of Hormuz,

The official price of Oman crude oil for May delivery rose to $160.20, up $2.26 from last Friday. Global oil

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