Business | Omanet

Duqm Refinery has celebrated its 500th shipment of petroleum products, emphasizing its role as a strategic energy hub. Since May

MUSCAT: Oman’s refinery output increased by 1.6% by June 2025, but automotive fuel production fell 17.1%. Regular fuel saw an

The US and EU forged a framework trade agreement, setting a 15% import tariff on most EU goods, significantly lowering

In the first half of 2025, airlines saw marginal benefits as the US dollar depreciated by 7%, according to an

Oman Tank Terminal Company (OTTCO) has been named a ‘National Champion’ for central green ammonia storage, underscoring the growing importance

Development Bank approved 3,716 loans worth RO 110 million ($286 million) in the first half of 2025, a 13% rise

Green Line Health Insurance Claims Management Company, the first Omani firm in this sector, aims to meet global standards by

India's trade talks are in a “very advanced” stage with the US, Oman, and the EU, said Commerce Minister Piyush

Oman is poised to become the second-largest polysilicon producer globally with its $1.6 billion facility in SOHAR, set to launch

Oman LNG achieved its highest-ever production output in 2024, maintaining a plant efficiency rate of 98.23%. CEO Hamad bin Mohammed

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