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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.

Dollar Edges Up Ahead of Key Fed Speeches: What Investors and Businesses Need to Know

The dollar rose slightly as traders awaited multiple Fed speeches this week for rate guidance, following the Fed's recent easing.

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India’s New GST Rates Take Effect: Key Implications for Investors and Businesses

The new GST rates in India, effective Monday, streamline taxes from four slabs to two—5% and 18%. Essentials, vehicles, electronics,

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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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