Economy | Omanet

Crowne Plaza Duqm Appoints First Omani GM: What This Means for Local Business Growth and Investment Opportunities

By Oman Market
Economy

IHG Hotels and Resorts has appointed Yousuf al Rahbi as General Manager of Crowne Plaza Duqm, making him the first

Asyad Launches Hydrogen Corridor and Net-Zero Strategy: Key Opportunities for Oman’s Business Sector

By Jomar Mendoza
Economy

Asyad Group, Oman’s integrated logistics provider, unveils a sustainability plan linking logistics growth to green fuels, digitalisation, and SME support.

Oman’s Green Energy Manufacturing Boost in Salalah: What It Means for Investors and Entrepreneurs

By CONRAD PRABHU
Economy

Salalah Free Zone in Oman, adjacent to Port of Salalah, is set to become a key hub for low-carbon industries

World’s First Commercial CO₂ ‘Graveyard’ Opens: What It Means for Sustainable Business Investments and Carbon Management Opportunities

By Oman Market
Economy

The world's first commercial carbon storage service off Norway's coast has injected CO₂ into the North Sea seabed. Led by

Fed Pivot Boosts Global Stocks and Lifts China Shares to Highest Since 2022: What Investors Need to Know

By Oman Market
Economy

Expectations of US interest rate cuts boosted world stocks, with Asia rising to multi-year highs. Powell’s dovish shift led to

Oil Prices Rise Amid Supply Concerns: What Investors and Businesses Should Prepare for in Oman

By Oman Market
Economy

Oil prices rose as traders eyed potential US sanctions on Russia and Ukrainian attacks on Russian energy sites. Brent crude

Suhar Industrial City Welcomes Six New Projects: What This Means for Investment Opportunities and Business Growth in Oman

By Oman Market
Economy

Suhar Industrial City, under Madayn, received six projects worth over RO 27 million, spanning 162,000 sqm. Investments include oil (RO

Oman’s Green Hydrogen Drive: What It Means for Investors and Businesses in the Sultanate

By CONRAD PRABHU
Economy

As Oman prepares to host the Green Hydrogen Summit, focus is on foreign investment, bankability, and partnerships to anchor Oman

Lamer Project Boosts Al Mughsail Tourism: Key Opportunities for Investors and Business Owners in Oman

By Oman Market
Economy

A novel initiative by young Omani entrepreneurs transformed part of Al Mughsail into 'Lamer Al Mughsail,' a popular tourist spot

Tightening Job Market in Oman: What It Means for Wages and Business Growth

By Oman Market
Economy

Governor Kazuo Ueda highlighted spreading wage increases beyond large firms due to a tightening labor market, suggesting potential for another

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Category: Economy