Economy | Omanet

The consortium of Masdar, KOMIPO, and Al Khadra Partners won a tender to establish a 500 MW solar IPP at

The total outstanding credit extended by Oman's banking sector grew 8.9% to RO 34.1 billion by July 2025. Credit to

At Comex 2025 in Muscat, agreements worth RO 116 million were signed, marking a 45% rise from 2024. Over 150

The Public Authority for Special Economic Zones and Free Zones (OPAZ) prepares for the second Duqm Economic Forum on October

The dollar gained after the Fed cut rates but signaled gradual easing ahead. The US Dollar Index rose 0.3% to

The Ministry of Economy expressed pride in Sultan Haitham's praise for the Tenth Five-Year Development Plan (2021-2025), noting growth in

The Financial Services Authority (FSA) of Oman announced a plan to gradually implement two IFRS sustainability-related disclosure standards by 2029.

President Donald Trump announced a $100,000-a-year fee for H-1B visas for skilled foreign workers, impacting the tech sector reliant on

Petroleum Development Oman (PDO) is set to exceed its 2024 oil and gas output, reaffirming its key role in Oman’s

UK government borrowing hit £83.8 billion ($113 billion) from April to August, the highest since the Covid pandemic. August deficit

Category: Economy