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
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Global shares rose on Friday, as optimism grew that US interest rates may fall further this year, bolstered by robust
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India approved 300 billion rupees ($3.4 billion) compensation to oil companies for losses on subsidized cooking gas sales, enabling continued
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Gold surged 0.81% above $3,400, settling near $3,396. US tariffs on gold imports caused a record $102 spread between NYC
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The recent decision by eight OPEC+ countries, including Oman, to cut production by 547,000 bpd in September 2025 is praised
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Oman’s Ministry of Housing has announced Future Salalah City, covering 7 million sq. metres with 12,000 housing units for 60,000
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Global energy major BP appoints Najla Zuhair al Jamali as President BP Oman. With 20+ years in energy, she will
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US trade partners like Switzerland, Brazil, and India rushed to negotiate better terms as President Trump's higher tariffs took effect,
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Oil prices steadied Thursday, with Brent crude at $67.10 and WTI at $64.55, after Putin's upcoming meeting with Trump raised
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Low diesel stockpiles worldwide are supporting oil prices despite rising OPEC+ supply. Diesel demand remains strong due to resilient manufacturing
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