Azura Beach 2 redefines coastal living at Al Mouj Muscat
MUSCAT: Al Mouj Muscat, Oman’s premier integrated tourism and lifestyle destination, has unveiled Phase Two of Azura Beach Residences, a new collection of luxury homes that continues the success of...
OIA generates RO 7.3 billion cumulative profit
MUSCAT: The Oman Investment Authority (OIA) has emerged as one of the central engines driving the Sultanate of Oman’s economic transformation, delivering solid financial performance and spearheading...
New Omani operator to manage Khasab Fishery Port
MUSCAT: Musandam Global Investment Company (MGIC) has officially launched its newest branch, MP World, signalling a significant strategic move to transform the Musandam Governorate into a premier...
Oman Cables unveils sustainability academy
Under the auspices of Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, Oman Cables Industry (SAOG) inaugurated the Global Sustainability Academy — a pioneering...
OAB drives sustainable growth through innovation and national talent
MUSCAT, OCT 22Oman Arab Bank (OAB) has reaffirmed its commitment to sustainable growth, innovation and national talent development as key pillars of its strategy, following a media briefing led by CEO...
Oman's real GDP to reach 2.9% in 2025: IMF
MUSCAT, OCT 21Oman's economy is set for a substantial upswing, with the International Monetary Fund's (IMF) October 2025 World Economic Outlook (WEO) projecting a significant acceleration in...
OQ posts $731 million net profit in H1
MUSCAT, OCT 20OQ Group, Oman's global integrated energy group, reported a resilient first half of 2025, driven by strong financial performance and a significant rise in in-country value (ICV)...
PDO’s ICV generates over $4.3 billion impact
JOMAR MENDOZAMUSCAT: Petroleum Development Oman (PDO), the country's largest oil and gas producer, has reaffirmed its role as one of the key drivers of Oman’s economic diversification, with...
Building institutions that outlast leadership
MUSCAT, OCT 19With more than three decades of experience in public service, Khalid Said al Shuaibi has witnessed and shaped some of Oman’s most defining economic transformations. In an exclusive...
Knights Bay advances nickel exploration in Oman
MUSCAT: UK-based Knights Bay Minerals (KBM) has reported significant progress in its nickel exploration campaign at Block 21 in Oman, as the company edges closer to establishing the Sultanate of...
OQ leads drive to decarbonise global polymer logistics
MUSCAT: OQ — the integrated energy group of the Sultanate of Oman — has entered into a strategic partnership with global shipping leaders Maersk and CMA CGM to decarbonise its polymer supply...
Oman ports show resilience amidst global shipping shifts
MUSCAT: Global container traffic continues to demonstrate steady growth despite the challenges of fluctuating trade patterns, port congestion and economic uncertainty. According to the latest Economic...
RO 71 million Palm Hills Estate project set to transform Khasab’s urban landscape
MUSCAT, OCT 8A landmark Shareholders Agreement has been signed between Musandam Global Investment Co SAOC (MGIC) and Malaysia’s WCT International Sdn Bhd (WCT Holdings Berhad) for the joint...
RO 89.7 million for construction of 42 new schools
MUSCAT, OCT 6The Sultanate of Oman has awarded contracts worth RO 89.7 million for the design and construction of 42 fully integrated school buildings across various governorates.In a post on its...
New iconic tower for Sultan Haitham City
MUSCAT, OCT 5Al Ahly Sabbour Developments is set to reshape the skyline of Sultan Haitham City with the launch of the Wadi Zaha Iconic Tower, a RO 90 million mixed-use development poised to become the...
Pact signed to improve esports sector in Oman
MUSCAT, OCT 5A landmark Memorandum of Understanding (MoU) has been signed between the Oman Esports and Gaming Committee and Nova Technology & Investment LLC to accelerate the growth of the Sultanate...
Al Duqm and Adam identified as promising wind power sites
MUSCAT: Oman’s clean energy ambitions are gaining momentum with the completion of a preliminary academic study exploring the potential of a 100 MW wind power project in Duqm and Adam. The findings...
OQ Trading eyes Bangladesh FSRU to expand South Asia footprint
MUSCAT: Oman’s OQ Trading International has proposed building a floating storage and regasification unit (FSRU) in Bangladesh, seeking to strengthen its role as a reliable energy partner in South...
Oman real estate market holds steady: Report
MUSCAT, AUG 26The Sultanate of Oman’s real estate market demonstrated resilience in the first half of 2025, sustaining momentum across key segments despite global economic uncertainty, according to...
Asyad sets hydrogen corridor, net-zero course
MUSCAT, AUG 25: Asyad Group, the integrated logistics provider of the Sultanate of Oman, has set out an aggressive sustainability blueprint that ties the country's logistics expansion to green...