Prime assets to drive Oman property growth in H1
MUSCAT, APRIL 5 Oman’s real estate market is set for steady, selective growth in the first half of 2026, supported by resilient non-oil expansion, disciplined development activity and sustained...
MSX posts RO 1.4 billion turnover as banking, energy stocks dominate
MUSCAT, APRIL 1 Trading activity on the Muscat Stock Exchange (MSX) remained robust in March 2026, with total turnover reaching RO 1.426 billion, driven largely by strong activity in banking and...
Asyad Shipping reports strong ESG gains in 2025
MUSCAT, APRIL 1 Asyad Shipping Company (ASCO) has reported measurable progress across its environmental, social and governance (ESG) metrics in 2025, underpinned by operational efficiency gains,...
Oman crude surges to $124 on war shock
MUSCAT, MARCH 31 Oman’s crude oil benchmark surged to a notable high in May 2026, with the average official price reaching $124 per barrel, driven primarily by escalating disruptions linked to the...
Oman’s non-oil GDP hits RO 28.7 billion in 2025
MUSCAT, MARCH 30 Oman’s economy posted steady gains at the end of 2025, with non-oil sectors emerging as the principal driver of growth, reinforcing the Sultanate of Oman’s diversification agenda...
Oman ports emerge as global trade pivot
MUSCAT, MARCH 29 Oman’s ports are rapidly consolidating their role as critical nodes in global maritime trade, as geopolitical tensions continue to disrupt traditional shipping routes. New data from...
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 11 TotalEnergies’ trading arm Totsa has sold Oman crude to ExxonMobil at a record premium, highlighting tightening supply conditions and heightened volatility in global oil markets...
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 25 Asyad 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 23 As 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 23 Oman’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...
Oman tops Asia in quality of life in Numbeo Index 2026
MUSCAT, FEB 22 The 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...