ITHCA’s $20M Investment in US Firm Movandi: Implications for Oman’s Tech Hub Ambitions
Oman's ITHCA Group has invested $20 million in US-based Movandi to enhance the Sultanate's semiconductor and smart-communications ecosystem, aiming to
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Forum Explores Oman’s Economic Readiness for Global Shocks: Key Insights for Investors and Business Owners
The Ministry of Economy held a forum on "Economic Readiness to Face Global Shocks" for International Day for Disaster Reduction,
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Oman Ports Show Resilience Amid Global Shipping Shifts: Key Insights for Investors and Business Owners
Global container traffic shows steady growth despite challenges. In 2024, ports handled 928M TEUs, up 2% forecast for 2025. Shanghai
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Gold Prices Surge: What This Means for Investors and Businesses in Oman
Gold prices soared to a record high on Monday, driven by safe-haven demand due to US-China trade tensions and anticipated
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Oman’s GDP Grows 2.44% to RO 20.66 Billion in H1 2025: Implications for Investors and Business Owners
Oman’s economy grew in the first half of 2025, boosted by strong non-oil activities and a surge in natural gas
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OPAZ Awards Consultancy Tender for Cold Chain Economic Cluster: Implications for Future Investment Opportunities in Oman
The Public Authority for Special Economic Zones and Free Zones (OPAZ) awarded a consultancy tender for developing the Integrated Economic
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Discovering Bar al Hikman: What Alabbar’s Spotlight Means for Investment and Tourism Growth in Oman
Emirati businessman Mohamed Alabbar spotlighted Oman’s Bar Al-Hikman, calling it “the authentic natural Omani Maldives.” This pristine coastal site, vital
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Oman Sets New Recruitment Rules for Domestic Workers: What Employers and Investors Need to Know
The Ministry of Labour in Oman issued Ministerial Resolution No. 574/2025 to regulate domestic workers' employment. The resolution protects worker
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Oman’s Power Output Surges 9.4%: Key Impacts for Investors and Business Owners
Total electricity production in Oman grew by 9.4% to 35,973.7 GWh by August 2025, up from 32,891 GWh in 2024.
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EDO Reports $7.44 Billion H1 Revenues: Key Insights for Investors and Business Owners
Energy Development Oman SAOC (EDO) reported $7.44 billion revenues for H1 2025, down from $8.28 billion in 2024, due to
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