Economy | Omanet

The humble pocket calculator remains reliable, never hallucinating like AI, and sells millions yearly for Casio. Despite a decline due

Oman-based American Advanced Clean Energy (AACE) expanded its Salalah Free Zone solar PV module plant with a new 400 MW

Sembcorp Industries has built a diversified energy portfolio in Oman exceeding 1.1 GW, including gas, solar, and wind. Key projects

The dollar held gains as markets awaited key central bank decisions in Britain, Europe, and Japan. Sterling fell on weak

Gold prices remained steady Thursday, supported by dovish Federal Reserve signals but capped by a strong dollar ahead of US

A wave of Chinese consumer brands is expanding into the US in 2025 to offset sluggish domestic spending and tap

OQ Group inaugurated nine new factories in Suhar Industrial City under the Ladayn Plastics Industries Programme, with RO 40 million

A summit on Omani-Indian business was held ahead of a Comprehensive Economic Partnership Agreement (CEPA). Oman highlighted strong trade growth,

Omani startup EnviBrick showcased engineered bricks at Green Build Oman 2025, addressing high energy use in buildings. Using recycled materials,

SalamAir has launched direct flights between Muscat and Abha, boosting air connectivity and tourism between Oman and Saudi Arabia. The

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