Rolling Back War Risk Cover: How This Affects Investment Stability for Businesses in Oman
Leading international P&I Clubs are rolling back war-risk coverage in the Arabian Gulf and Strait of Hormuz, effective March 5,
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Strait of Hormuz Oil Traffic Plummets 90%: Implications for Oman’s Energy Sector and Investment Landscape
Oil tanker traffic through the Strait of Hormuz has plummeted by 90% due to the ongoing Middle East conflict, according
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Oman Crude Surges to $85.93: Implications of War Escalation on Investment Opportunities
The official price of Oman crude oil for April reached $85.93, up $3.84 from $82.09. Oil prices rose 3% amid
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How Oman’s Fast-Growing Tourism Sector Will Drive 2.4% Growth in GDP: Opportunities for Investors and Entrepreneurs
MUSCAT: The tourism sector is targeted for growth under the Eleventh Five-Year Plan, aiming for a 2.4% GDP contribution and
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Upcoming Changes to Residency Options in Oman: Implications for Investors Ahead of 2028 Income Tax
An Italian entrepreneur, Alessandro Palombo, praised Oman’s tax framework and residency options for remote workers and investors. With no personal
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Oman’s Crude Oil Surge to $82.09: Implications for Investors and Businesses in the Energy Sector
The official price of Omani crude oil for May reached $82.09, marking an increase of $1.69 from Monday's $80.40. The
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Gold Prices Surge Amidst Conflict: How Rising Demand for Safe-Haven Assets Impacts Investors in Oman
Gold prices rose for a fifth consecutive session as investors sought safe-haven assets amid escalating U.S. and Israeli airstrikes on
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Oman Crude Prices Surge 13.7% to $80.40/b: Implications for Investors Amid Mideast Crisis
MUSCAT: Oman crude prices jumped 13.7% to $80.40 per barrel amid Middle East tensions from US-Israeli strikes on Iran. This
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Voltamp Energy Gains Control of Saudi Joint Venture: Implications for Business Growth in the Gulf Region
Oman's Voltamp Energy has increased its stake in the National Transformer Company to 80%, gaining majority ownership and full control.
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Iran War Disrupts Global Shipping Routes: What It Means for Businesses and Investors in Oman
The US-Israeli military operation against Iran is disrupting global maritime traffic, particularly affecting oil tanker transports. Shipping routes, especially through
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