Business | Omanet

Asyad Shipping has enhanced its crude shipping capabilities by acquiring a new Very Large Crude Carrier (VLCC), raising its fleet

The Central Bank of Oman has released a silver commemorative coin for “Oman Vision 2040,” symbolizing aspirations for comprehensive development.

European shares wobbled on Monday as investors looked to a pivotal week for US interest rates. The pan-European STOXX 600

Renewable energy constitutes 11.5% of Oman’s electricity generation as of May, with goals of 30% by 2030 and 60% by

The GCC states' GDP hit $2.143 trillion in 2023, a 2.7% decline from 2022. Gross disposable income fell by 3%,

Sohar International Bank has received preliminary approval from the Central Bank of Oman to offer up to 100% of its

MUSCAT, AUG 16 — Shanghai Electric's 500MW Oman Manah-1 Solar Project has successfully operated for a month, producing 1.5 billion

The Muscat Stock Exchange (MSX) saw gains last week, with the benchmark index rising to over 4,930 points. The services

The US Federal Reserve announced it will end its dedicated program for supervising banks' involvement in cryptocurrencies and fintech, integrating

Muscat's ports have seen a notable rise in ship traffic and cargo handling in H1 2025, driven by the Ministry

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