Economy | Omanet

Apple will close its Dalian City store in Parkland Mall on Aug. 9, marking its first retail closure in China

The Ministry of Heritage and Tourism laid the foundation stone for an RO 80 million integrated tourism complex in Salalah's

Omani drone startup SERB, backed by Oman Investment Authority, plans to onboard 5,000 drone pilots to build a drone management

SOHAR Port and Freezone has signed an MoU with Swiss company HYNAT SA to develop a natural hydrogen value chain

The Special Economic Zone at Duqm (SEZAD) launches its Duqm Summer Series on August 5, focusing on AI and automation

Tesla CEO Elon Musk announced that Samsung Electronics will supply Tesla with its next-gen AI6 chips under an eight-year, $16.5

The US and EU reached a trade deal setting EU export tariffs at 15%, averting a potential trade war. The

Construction has begun on the Boutique Hotel Salalah and Marina, a RO 90 million project along Dhofar’s southern coast. Spanning

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

Category: Economy