Economy | Omanet

Fitch Upgrades EDO to Investment-Grade BBB-: What This Means for Investors and Business Growth in Oman

Fitch Ratings upgraded Energy Development Oman (EDO) to investment grade 'BBB-' with a stable outlook, reflecting strong financial health, stable

Fitch Upgrades Energy Development Oman to Investment-Grade BBB-: What This Means for Investors and Business Growth in Oman

Fitch Ratings upgraded Energy Development Oman (EDO) to investment grade 'BBB-' with a stable outlook, following Oman's sovereign rating upgrade.

VW Halts Production at German Plant: What It Means for Global Investors and Business in the Automotive Sector

By AFP .
Economy

The last car rolled off the Volkswagen Dresden production line, marking the first German factory halt in company history. The

EDF-led Consortium Secures 120 MW JBB Wind Power Project in Oman: What This Means for Investors and Renewable Energy Entrepreneurs

By BUSINESS DESK
Economy

A consortium led by EDF, Al Khadra Partners, and OQ Alternative Energy signed a 20-year PPA with Nama PWP to

ITHCA Launches Venture Fund and Accelerator: What It Means for Startups and Investors in Oman

By Hibba al Kindi
Economy

ITHCA Group, Oman Investment Authority’s tech arm, launched ‘Bawabat’, an accelerator for Omani startups to scale in Saudi Arabia, offering

Fitch Upgrades Omani Energy Giants EDO and OQ to Investment-Grade ‘BBB-’: What This Means for Investors and Business Growth in Oman

By CONRAD PRABHU
Economy

Following Oman’s sovereign credit upgrade to 'BBB-', Fitch Ratings also upgraded Energy Development Oman (EDO) and OQ SAOC to ‘BBB-’.

Tamkeen Initiative Empowers SMEs to Tap into Lucrative Public Tender Opportunities in Oman

By Oman Market
Economy

The Oman Chamber of Commerce and Industry (OCCI) launched the “Tamkeen” initiative to prepare SMEs for government procurement and tenders.

CAA Hosts ICAO Air Navigation Planning Workshop: Key Developments and Opportunities for Oman’s Aviation Sector Investors and Entrepreneurs

By Oman Market
Economy

The Civil Aviation Authority of Oman is hosting a workshop on the Global Air Navigation Plan from Dec 15-18, 2025,

ILO Director-General Commends GFOW’s Efforts: What It Means for Workforce Development and Business Growth in Oman

By Oman Market
Economy

Nabhan Ahmed al Battashi, Chairman of GFOW, met Gilbert Houngbo, ILO Director-General, to discuss enhancing cooperation, legislative amendments, and social

ITHCA Launches Accelerator and Venture Fund: What This Means for Omani-Saudi Tech Investors and Entrepreneurs

By Hibba al Kindi
Economy

ITHCA Group, Oman Investment Authority’s tech arm, launched 'Bawabat,' an accelerator for Omani startups to scale in Saudi Arabia. Partnered

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