Economy | Omanet

Oman-Russia bilateral trade is growing rapidly, with a 62.3% increase from 2020 to 2024, reaching $340 million. Key cooperation areas

The Reserve Bank of India intervened to slow the rupee’s decline after it slipped past a key level, nearing the

Oman is rapidly advancing smart, sustainable urban development aligned with Oman Vision 2040. Key projects like Sultan Haitham City, A'Thuraya

US aerospace innovator Odys Aviation produced a prototype of Laila, a hybrid-electric pilotless aircraft with VTOL and 725 km range,

The Special Economic Zone at Duqm (SEZAD) will explore the evolving petrochemicals sector at its Duqm Now session on Dec

The Board of Directors of Oman Telecommunications Company (Omantel) appointed Aladdin Abdullah Hassan Baitfadhil as CEO from Nov 23, 2025.

The Sultanate of Oman has shifted from recovery to economic growth, with a 10% average growth. The government is simplifying

Oman is accelerating reforms to modernize its financing system and boost economic competitiveness under Oman Vision 2040. The banking sector

Oman is overhauling its investment system with "Invest in Oman," uniting 22 entities to simplify processes and boost FDI, which

Oman’s tourism sector showed strong growth in the first nine months of 2025, with tourism output hitting RO 1.99 billion

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