Business | Omanet

The African Bank of Oman (ABO) has launched in Luanda, Angola, aligning with Oman Vision 2040 to boost economic diversification.

Oman has launched a 15 MW flexible load centre in Ibri, marking a significant shift towards demand-side solutions in electricity

The Oman Electricity Transmission Company (OETC) has achieved its first investment-grade credit rating, upgraded to “BBB-” by Fitch Ratings. This

The United States remained the largest Travel & Tourism market in 2025 but is losing market share. While GDP growth

Oman is emerging stronger than many Gulf neighbors as conflicts disrupt regional trade and energy. While the IMF projects a

The Ministry of Housing and Urban Planning, alongside the Ministry of Agriculture, signed 18 agricultural usufruct contracts worth over RO

Oman's annual hotel revenues reached RO 297.3 million ($772 million) in 2025, marking a 22% increase. The sector welcomed 2.4

Oman's annual hotel revenues hit OMR297.3 million (US$772 million) in 2025, marking a 22% increase. The sector welcomed 2.4 million

Oman Electricity Transmission Company (OETC) is prioritizing battery energy storage systems (BESS) in its long-term strategy, with RO 376 million

Knowledge Oasis Muscat (KOM) reported growth in 2025, attracting projects worth over RO 8.53 million and covering 21,000 square metres.

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