Property market in Oman shifts to quality assets
MUSCAT: Oman’s real estate sector is entering 2026 on a firmer footing, marked by a clear shift from speculative expansion to quality-driven, income-generating assets, according to the latest...
MSX to extend trading hours from June
MUSCAT: The Muscat Stock Exchange (MSX) has announced an extension of its daily trading hours, a move aimed at improving market efficiency, boosting liquidity and strengthening the exchange’s...
Oman-Dubai green corridor to speed diverted cargo
MUSCAT: The Directorate General of Customs in the Sultanate of Oman and Dubai Customs have activated a temporary “green corridor” to facilitate the movement of diverted cargo shipments between...
TotalEnergies sells Oman crude at record premium
MUSCAT, MAR 11TotalEnergies’ trading arm Totsa has sold Oman crude to ExxonMobil at a record premium, highlighting tightening supply conditions and heightened volatility in global oil markets amidst...
Totsa tenders Oman crude amidst supply tensions
MUSCAT: Totsa, the trading arm of French energy major TotalEnergies, has issued a tender to sell up to two million barrels of Oman crude for April loading, according to traders cited by Reuters. The...
Oman leads GCC digital gains
MUSCAT: Oman has emerged as one of the strongest digital climbers in the Gulf, leading regional gains in the latest International Digital Competitiveness Assessment (IDCA) 2026 report, which tracks...
Voltamp Energy secures control of Saudi joint venture
MUSCAT: Oman's Voltamp Energy SAOG has strengthened its expansion strategy in Saudi Arabia by increasing its stake in its joint venture, National Transformer Company, to 80 per cent, securing...
Bukaka delivers first full BPU refurbishment in Oman
MUSCAT: Oman-based Bukaka International LLC has completed what is described as Oman’s first full-set beam pumping unit (BPU) refurbishment carried out entirely by a locally established manufacturer,...
Asyad Shipping net profit rises 9% in 2025
MUSCAT, FEB 25Asyad Shipping, Oman’s national maritime transportation company, reported a solid financial performance for the year ended December 31, 2025, recording a 9 per cent year-on-year...
Building confidence in Oman’s oilfield manufacturing
MUSCAT, FEB 23As Oman advances its ambitions under Oman Vision 2040, the spotlight is increasingly shifting from mere production to how industrial capability is built, verified and sustained within...
Omani ports post 21.6% container growth in 2025
MUSCAT, FEB 23Oman’s ports recorded broad-based growth across vessel traffic, cargo volumes and container handling in 2025, underlining the Sultanate of Oman’s strengthening position as a regional...
Oman tops Asia in quality of life in Numbeo Index 2026
MUSCAT, FEB 22The Sultanate of Oman has emerged as one of the world’s leading destinations for quality of life, ranking first in Asia and fourth globally in the Numbeo Quality of Life Index 2026,...
Pact signed to launch World Padel Academy Oman
Muscat: Oman’s fast-growing padel sector reached a new milestone with the signing of a strategic partnership establishing the World Padel Academy Oman, a project expected to strengthen the...
CAA announces rules on drone sales in Oman
The Sultanate of Oman is taking a significant step toward securing its national airspace and formalising the rapidly growing unmanned aerial vehicle (UAV) market. In a circular released on February...
Bukaka achieves oil and gas FAT milestone in Nizwa
MUSCAT: Oman-based Bukaka International LLC has successfully completed its first Factory Acceptance Test (FAT) at its newly established workshop in Nizwa Industrial City, marking a significant...
New industrial clusters advance across Oman’s economic zones
MUSCAT: Large-scale infrastructure, industrial and renewable-energy projects continued to advance across Oman’s economic zones in 2025 as authorities accelerated the development of specialised...
OFM moves to boost food subsidiary stake
MUSCAT: Oman Flour Mills Company SAOG (OFM) has taken a significant step to strengthen its position in Oman’s food manufacturing sector after announcing the signing of a share purchase agreement...
Judicial innovation: Summit charts path for AI in the courtroom
MUSCAT,: As the Sultanate of Oman accelerates its digital transformation under Oman Vision 2040, the integration of Artificial Intelligence (AI) into the judicial system has moved from a futuristic...
Pact signed to advance legal AI in Oman
MUSCAT: Specialised legal artificial intelligence tailored to regional legal systems is set to advance in Oman following a partnership between Oman National Engineering and Investment Company (ONEIC)...
Middle East space programmes shift from prestige to performance
MUSCAT: The Middle East’s space sector is undergoing a quiet but decisive transformation — from headline-grabbing missions to economically grounded programmes focused on sustainability, private...