Economy | Omanet

The Sultanate of Oman’s refinery production rose 12.5% by December 2025, totaling 84.7 million barrels. Regular motor fuel (M-91) production

LEO Development partners with Rove, a joint venture of Emaar and Dubai Holding, to introduce lifestyle hospitality in Oman. The

Oil prices fell for a second day as easing US-Iran tensions and a stronger US dollar weighed on the market.

US President Trump's tariff cut on Indian goods from 50% to 18% sparked a market rally in India. The deal

Gold and Asian stocks rebounded after wild swings in metals markets eased, aided by a U.S.-India tariff deal. Gold rose

President Donald Trump announced a trade agreement with India, reducing U.S. tariffs on Indian imports to 18%, down from 50%.

The Oman Chamber of Commerce opened OMNEX at the Oman Convention Centre, promoting investment aligned with Oman Vision 2040. Türkiye

Leading Chinese wind turbine manufacturer Goldwind has successfully installed the first turbine at Riyah-2 wind farm in Dhofar, Oman. Along

Oil prices dropped over 4% after US President Trump said Iran was “seriously talking” with Washington, easing tensions. Brent crude

Global inflation is expected to fall to 3.8% in 2026 and 3.4% in 2027, aided by softer demand and lower

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