Fitch Affirms EDO at ‘BB+’ with Positive Outlook: What It Means for Investors and Business Growth in Oman
Fitch Ratings affirmed Energy Development Oman SAOC’s Long-Term Issue Default Rating at 'BB+' with a Positive Outlook. EDO, a key
Read MoreGlobal shares rose on Friday, as optimism grew that US interest rates may fall further this year, bolstered by robust
Read MoreIndia approved 300 billion rupees ($3.4 billion) compensation to oil companies for losses on subsidized cooking gas sales, enabling continued
Read MoreGold surged 0.81% above $3,400, settling near $3,396. US tariffs on gold imports caused a record $102 spread between NYC
Read MoreThe recent decision by eight OPEC+ countries, including Oman, to cut production by 547,000 bpd in September 2025 is praised
Read MoreOman’s Ministry of Housing has announced Future Salalah City, covering 7 million sq. metres with 12,000 housing units for 60,000
Read MoreGlobal energy major BP appoints Najla Zuhair al Jamali as President BP Oman. With 20+ years in energy, she will
Read MoreUS trade partners like Switzerland, Brazil, and India rushed to negotiate better terms as President Trump's higher tariffs took effect,
Read MoreOil prices steadied Thursday, with Brent crude at $67.10 and WTI at $64.55, after Putin's upcoming meeting with Trump raised
Read MoreLow diesel stockpiles worldwide are supporting oil prices despite rising OPEC+ supply. Diesel demand remains strong due to resilient manufacturing
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