GCC tourism revenues reach $120.2 billion in 2024
MUSCAT: Total international tourism revenues in the GCC reached $120.2 billion in 2024, representing an 8.9% increase compared to the previous year, according to a recent GCC Statistics Centre report....
900 Sanad centres create 2,350 jobs for Omanis
MUSCAT: A forum celebrating 20 years since the establishment of Sanad Service Centres took place yesterday, Wednesday, January 7, in Muscat under the auspices of Dr Khamis bin Saif al Jabri, Chairman...
Oman introduces dedicated economic and development tracks
MUSCAT, JAN 5 Oman has introduced a new, more flexible national planning model under its Eleventh Five-Year Development Plan (2026–2030), reflecting the need to adapt to accelerating global and...
11th Plan prioritises manufacturing, tourism
MUSCAT, JAN 4 Manufacturing, tourism and the digital economy have been identified as the key priority economic sectors under Oman’s Eleventh Five-Year Development Plan (2026–2030), according to...
RO 5.2 bn for Social and Basic Services in 2026 Budget
MUSCAT: Oman has earmarked RO 5.2 billion for spending on social sectors and basic services in its 2026 State General Budget, underscoring the government’s continued focus on human development,...
Oman allocates RO500 million towards labour market
MUSCAT: The Sultanate of Oman, represented by the Ministry of Finance and the Ministry of Economy, announced the allocation of approximately RO100 million per year towards the National Employment...
Aviation sector contributes $1.8 billion to Oman’s GDP
MUSCAT, DEC 31 The aviation sector in Oman contributes an estimated $1.8 billion to the GDP and supports 42,000 jobs across the wider economy, according to a recent report by the International Air...
Oman launches several AI pilot projects across several key sectors
MUSCAT, DEC 25 The Sultanate of Oman, represented by the Ministry of Transport, Communications and Information Technology, has announced the implementation of a number of pilot projects applying...
OCCI forum hosts CEOs of Omani tech, telecom startups
MUSCAT, DEC 24 The second CEOs’ Forum for startup companies operating in the technology and telecommunications sectors took place yesterday, December 23, in Muscat, under the auspices of Abdulsalam...
Oman to host second edition of Middle East Space Conference
MUSCAT, DEC 20 The Sultanate of Oman, represented by the Ministry of Transport, Communications and Information Technology, has announced that it will host the second edition of the Middle East Space...
Agreement to provide fiber optic services at Suq al Aqur
Oman Broadband has signed a cooperation agreement with Bawariq Nizwa Investment Company to implement a joint program for the provision of fiber optic services in the Al-Aqur area in Nizwa. The...
Oman-India CEPA to boost business opportunities
MUSCAT, DEC 17 A summit exploring Omani-Indian business opportunities was held on December 17, 2025 ahead of the expected signing of a Comprehensive Economic Partnership Agreement (CEPA) between the...
ITHCA launches venture fund and accelerator
MUSCAT, DEC 16 ITHCA Group — the technology investment arm of the Oman Investment Authority (OIA) — has announced on Tuesday, December 16, 2025, the launch of an accelerator programme and a...
ITHCA launches accelerator, venture fund to boost Omani–Saudi tech cooperation
ITHCA Group — the technology investment arm of the Oman Investment Authority (OIA) — has announced on Tuesday, December 16, 2025, the launch of an accelerator programme and a venture investment...
Oman’s 44.01 launches region’s first cement plant mineralisation project
MUSCAT, DEC 15 Omani carbon mineralisation company 44.01, has announced the launch of the first pilot project to mineralise carbon dioxide from a cement plant, in collaboration with Holcim, in Al...
Oman unveils $5.16 billion chip investment projects
MUSCAT: The Sultanate of Oman, represented by the Ministry of Transport, Communications and Information Technology, has unveiled three major investment opportunities in the semiconductor industry...
FDI in Omani semiconductor industry exceeds $130 million
MUSCAT: The value of foreign investment in the Omani semiconductor sector has exceeded $130 million, according to the Ministry of Transport, Communications and Information Technology. This was...
Oman to host global executive semiconductor summit today
MUSCAT: The Sultanate of Oman, represented by the Ministry of Transport, Communications and Information Technology, is set to host the World Summit for Executives in Semiconductor and Electronic...
QIRTAAS: Muscat’s new night of art and expression
MUSCAT: A vibrant new creative experience is coming to Muscat on Friday December 12, as Studio 22 launches QIRTAAS, an event inviting artists of all kinds to showcase their work and express...
IMF: GCC remains resilient, but deeper reforms needed to sustain long-term stability
MUSCAT: The Gulf Cooperation Council economies continue to demonstrate resilience despite a challenging global environment, according to a new regional assessment published by the International...