AeroVecto advances vertipad testing for Oman’s AAM push
MUSCAT, APRIL 15 AeroVecto Aviation Services has signed a letter of intent with Australia-based Skyportz to introduce and test AeroBerm vertipad technology in Oman, as part of early efforts to assess...
Oman plans MRO hub with Indonesia tie-up
MUSCAT, APRIL 14 The Sultanate of Oman is moving to deepen its aviation value chain with plans to establish a fully integrated aircraft maintenance, repair and overhaul (MRO) facility, alongside the...
Oman Airports profit surges 45% to RO 21.8 million
MUSCAT, APRIL 13 Oman Airports delivered a strong financial and operational performance in 2025, underpinned by steady passenger growth, improved cost discipline and expanding international...
Oman Air posts positive EBITDA after 15 years
MUSCAT, APRIL 13 Oman's national carrier, Oman Air, has reported a significant turnaround in its financial and operational performance, carrying 5.8 million passengers in 2025 and achieving...
SEZAD investments reach RO 6.394 billion in 2025
MUSCAT, APRIL 12 The Special Economic Zone at Duqm (SEZAD) continues to strengthen its position as a key investment and industrial hub, supported by cumulative committed investments reaching RO 6.394...
Oman output set at 821,000 bpd under Opec+ plan
MUSCAT, APRIL 6 Oman’s crude oil production is set to reach 821,000 barrels per day (bpd) in May 2026 following a fresh Opec+ adjustment aimed at reinforcing market stability amid evolving global...
Oman solar chain reaches RO 1.153 billion investments
MUSCAT, APRIL 6 The Sultanate of Oman has completed a fully integrated solar module manufacturing chain, with total investments reaching RO 1.153 billion, marking a significant milestone in the...
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...