Economy | Omanet

Tesla lost its status as the world’s biggest electric vehicle seller after Congress and Trump ended federal tax credits. Tesla’s

Oman is linking part of its employment programme funding to government and state-linked procurement, allocating around RO 100 million yearly.

Emerging market stocks rose to a near five-year high in early 2026, driven by strong manufacturing data. The MSCI index

Silver surged past $80 an ounce, driven by strong industrial and investment demand, supply shortfalls, and its U.S. critical mineral

Oman has allocated RO 5.2 billion in its 2026 budget for social sectors, focusing on education, social security, health, and

The Sultanate of Oman will allocate RO100 million annually to the National Employment Programme under the Eleventh Five-Year Development Plan

Nama Power and Water Procurement Company (Nama PWP) is advancing Oman's renewable energy with 1,600 MW under procurement, including Al

Most investors expected a turbulent 2025 under Trump's return, but few predicted the extremes: world stocks rose 21%, gold surged

The Indian rupee started 2026 with a slight decline, opening at 89.9525 per US dollar and settling 0.1% down at

Total public spending in Oman's 2026 budget is RO 11.977 billion, supporting public services, economic stability, and development. Key allocations

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