Economy | Omanet

Hutchison Ports Sohar in Oman has introduced 15 electric terminal trucks (eTTs) at Sohar Port, marking a first for the

The rising popularity of gold raises storage concerns. Major reserves lie in New York and London, trusted for security and

Spirit Airlines ceased operations after losing billions and filing for bankruptcy twice. Rising fuel costs and failed rescue talks ended

President Trump announced a hike in US tariffs on cars and trucks from the EU to 25%, citing non-compliance with

Oman has established its first Special Economic Zone for Artificial Intelligence under Royal Decree No 50/2026, marking a milestone in

Apple reported its best-ever March quarter with $29.6 billion profit and $111.2 billion revenue. Strong iPhone sales and record digital

Oil prices steadied and stocks diverged amid thin holiday trading as investors awaited the next move in the Middle East

Key investor confidence indicators in Oman's transport and logistics sector were unveiled on World Logistics Day 2026. The sector grew

Port of Duqm Company signed the Meezan Subscription Agreement with Oman Net Zero Centre, becoming the first non-hydrocarbon entity in

Global oil prices surged to over $122 a barrel, hitting a four-year high amid fears of a worsening U.S.-Iran conflict

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