Moody’s Revises Oman’s Banking Sector Outlook to Stable: What This Means for Investors and Business Growth
Moody’s revised Oman’s banking sector outlook to stable, expecting 3.5% non-oil GDP growth in 2026. Loan quality will improve with
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Omantel launched Otech as a future-technology provider to drive Oman’s digital transformation, aligning with Oman Vision 2040. The platform integrates
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Omantel launched Otech, a future-technology platform enabling Oman’s digital transformation and supporting Oman Vision 2040. Otech consolidates digital assets, partners
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Jetour achieved over 70,000 vehicle sales in the Middle East in 2025, marking 80% growth and ranking No.1 among Chinese
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Sohar International has partnered with Oman Food Capital and JBS for a $150 million investment to enhance Al Bashayer and
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Oman Electricity Transmission Company (OETC) has surpassed 70 million safe manhours with no lost time injuries, highlighting its commitment to
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Lulu has opened its 33rd hypermarket in Al Qurum Complex, Muscat, covering 33,000 sq ft. The store offers fresh produce,
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The 2026 Annual Plan by SMEDA for Oman focuses on enhancing governorate development for SMEs through usufruct land rights. It
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Indian-backed Jindal Steel Group plans to expand its Oman investments to reach 10 million tonnes per annum production, boosting Oman's
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The fifth conference of the Regional Network of Central Banks, hosted by the Central Bank of Oman, began in Muscat.
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