Economy | Omanet

Germany Strengthens GCC Ties: What €2.3bn Gulf Traveller Spending Means for Business Opportunities in 2024

By Oman Market
Economy

The German National Tourist Board (GNTB) is boosting its presence in the GCC, a top overseas market. With €2.3B spending

Taiping Insurance Faces Over $200M Loss from Hong Kong Fire: What This Means for Investors and Business Owners

By Oman Market
Economy

Shares of China Taiping Insurance fell up to 8% amid concerns over $200M exposure to a Hong Kong apartment fire

Al Duqm Emerging as Prime Hub for Green Manufacturing: What This Means for Investors and Businesses in Oman

By CONRAD PRABHU
Economy

At the Duqm Economic Forum, experts highlighted how renewable energy, circular economy, and green finance are transforming Al Duqm into

Oman–Türkiye Dialogue Boosts Investment Ties: What It Means for Business Growth and Opportunities in Oman

By Oman Market
Economy

Invest in Oman hosted the Oman–Türkiye Advantage Business Dialogue in Istanbul to deepen investment cooperation aligned with Oman Vision 2040.

Oil Prices Rebound After One-Month Low: What the Supply Glut Means for Oman’s Energy Investors

By Oman Market
Economy

Oil prices rose after hitting a one-month low, with Brent crude up 0.43% to $62.75 and WTI up 0.41% to

UK Unveils Tax-Raising Budget: What It Means for Business Growth and Investment Opportunities

By Oman Market
Economy

Britain's Labour government unveiled a tax-raising budget to curb debt and fund public services. Measures include freezing income-tax thresholds, higher

PDO to Invest RO 830,000 in Social Projects: Key Opportunities for Business Growth in Oman

By Oman Market
Economy

Petroleum Development Oman (PDO) signed 11 funding agreements worth RO 830,000, supporting education, healthcare, environment, and infrastructure. Initiatives include national