Economy | Omanet

Oman Sets Ambitious 6 GW Solar Expansion by 2030-31: What This Means for Investors and Business Growth

By CONRAD PRABHU
Economy

Oman plans six mega solar IPPs totaling around 6 GW by 2030-31, boosting renewable energy share beyond 30%. Nama PWP's

RO 5.8 Million Fishing Ports Investment: What It Means for the Growth of Sadah’s Fishing Sector and Business Opportunities

By Oman Market
Economy

The Ministry of Agriculture, Fisheries and Water Resources is building two fishing ports in Sadah, Dhofar, costing RO 5.8 million.

Motor Insurance Amendments in Oman: How They Enhance Financial Inclusion and What It Means for Your Business

Recent amendments to Oman's motor insurance regulations aim to enhance financial inclusion, reduce disputes, and boost consumer protection. New features

First Inter-School Hackathon Tackles Oman Vision 2040 Challenges: What It Means for Innovation and Business Growth in Oman

By Hibba al Kindi
Economy

Oman’s first inter-school hackathon, Youth Innovate 2026, will be held Jan 25 in Muscat, focusing on solutions tied to Oman

Shift to Digital Payments in Oman: What Only 19% Cash Usage Means for Your Business Strategy

Visa’s report reveals that 64% of Omani consumers mostly use cards or mobile devices for payments, a 15% rise from

AeroVecto and Vigelon Partner on eVTOL Software Solutions: What This Means for Oman’s Emerging Aviation Tech Market

AeroVecto Aviation Services (AVAS) signed an MoU with Canadian Vigelon to distribute AI-powered predictive maintenance software for eVTOLs in Oman.

Stocks Plunge Amid Greenland Tensions: What Investors Need to Know for Business Stability

President Donald Trump’s standoff with Europe over Greenland sparked investor fear, dropping the S&P 500 over 2%, weakening the dollar,

Thawani Pay and Network International Partnership: What It Means for Payment Solutions and Business Growth in Oman

Thawani Technologies LLC (Thawani Pay), Oman’s first non-bank payment service provider licensed by the Central Bank, partners with Network International