Economy | Omanet

Energy Development Oman SAOC (EDO) reported $7.44 billion revenues for H1 2025, down from $8.28 billion in 2024, due to

Gold has surged past $4,000 an ounce, gaining 53% in 2025, outperforming bitcoin and the S&P 500. Unlike traditional trends,

Tech companies building AI data centers face soaring electricity use, mostly wasted as heat from transistors. Engineers now embed synthetic

OQ Gas Networks SAOG (OQGN) celebrated 25 years as Oman's exclusive natural gas transporter, playing a vital role in energy

Oman Chamber of Commerce and Industry hosted a roundtable with Azerbaijan to boost economic cooperation and investment, focusing on sectors

The Ministry of Transport, Communications and Information Technology (MTCIT) in Oman has launched the 2026 Award for Best Practices in

US stock index futures dipped as investors await Fed Chair Powell's comments for clues on inflation vs. labor market focus.

Asian stock markets hit fresh highs as investors doubled down on AI tech. Gold stayed above $4,000, the dollar remained

The Central Bank of Oman (CBO) has extended the redemption period for expired banknotes across all banks in the Sultanate

A competitive tender for one of Oman’s largest thermal power projects drew three bids for IPPs at Al Misfah (1,600

Category: Economy