Economy | Omanet

Iran informed the UN maritime body that 'non-hostile' ships may safely pass through the Strait of Hormuz, closed to tankers

Meranti Green Steel is advancing key development milestones for its 2.5 mtpa low-carbon iron plant in Duqm, Oman. Focus areas

Australia and the EU signed a trade deal ending tariffs on almost all European goods and Australian critical minerals exports.

Euro zone private sector growth slowed sharply in March due to the Middle East war, causing input costs to hit

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

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