Gold Prices Surge Past $5,500: What the RO65 Milestone for 22-Karat in Oman Means for Investors and Businesses
Gold prices hit a new record above $5,500 amid US-Iran tensions. In Oman, 24-karat gold traded at RO 70.050. Demand rises due to geopolitical uncertainties and a weaker dollar. India’s gold demand may drop in 2026 due to high prices affecting jewelry sales.
Raysut Fishing Port Project Nears Completion: What It Means for Oman’s Fisheries and Investment Opportunities
The fishing port development in Raysut, Salalah, is 81% complete, costing nearly RO 3 million. Key works include a 610m breakwater, 60m wharf, rock groyne, boat ramp, road paving, lighting, drainage, sand deepening, and land reclamation, with completion in early 2026.
Forum to Showcase Suhar as Prime Investment Destination: What This Means for Investors and Entrepreneurs in Oman
Suhar is emerging as a key investment destination in Oman, offering a fully integrated ecosystem with robust legislation, streamlined regulations, and quality living. Its strategic location, strong industrial sector, and skilled Omani workforce drive growth, attracting over $35 billion in investments.
Madayn Attracts RO 272 Million in Food Investments: What This Means for Entrepreneurs and Investors in Oman
The Public Establishment for Industrial Estates (Madayn) has recorded over RO 272 million in food sector investments, highlighting its significance in Oman’s industrial strategy. Director Khalid al Salehi noted 121 food projects in industrial cities, emphasizing national food security.
EDO Issues $650M 10-Year Sukuk: What This Means for Investors and Business Growth in Oman
Energy Development Oman (EDO) issued a $650 million, 10-year sukuk maturing in 2036 at a 5.14% profit rate, the tightest pricing for an Omani government-related entity. This follows Oman’s investment grade upgrade, supporting EDO’s capital expenditure and funding diversification.
Invest Oman Expands Global Embassy Partnerships: What This Means for Business Growth and Investment Opportunities in Oman
A strategic workshop themed ‘Integration and Partnership with Omani Embassies Abroad’ was held by Invest Oman and the Foreign Ministry to boost investment and exports. It emphasized collaboration between Invest Oman and embassies for economic growth aligned with Oman Vision 2040.
Oman’s Space Sector Moves to Market-Building Phase: What This Means for Investors and Entrepreneurs
The Omani space sector has progressed from establishment to market-building, with companies growing from 11 in 2023 to 25 by 2025, creating around 400 jobs. Investments have surged 200%, supporting areas like satellite communications, remote sensing, and training.
Empowerment as a Catalyst for Sustainable Livelihoods: Unlocking New Opportunities for Businesses in Oman
Oman is focusing on innovative solutions to empower self-employed individuals through training programs and financing initiatives. The “Masirah” initiative supports entrepreneurship, showcasing the increasing number of young Omani self-employed individuals, aiming to bridge job gaps and promote sustainable economic growth.
Middle East Space Programmes Shift Focus: What This Means for Investors and Business Growth in Oman
The Middle East’s space sector is evolving from high-profile missions to economically driven programs focused on sustainability, private investment, and downstream impact. UAE, Egypt, and Oman emphasize innovation, regulation, human capital, and international cooperation to ensure tangible economic and social returns.
Oman’s Strategic Move into African Food Markets: What Investors and Businesses Need to Know
A dialogue session on investment and trade opportunities in Africa’s food market was held by Oman’s Public Authority for Special Economic Zones, promoting exports of key products like meat, sugar, flour, and dates to African markets such as Tanzania and Kenya, boosting trade ties.