Fund sector capital nearly doubled to RO 1.2 billion in 2025
MUSCAT: Total capital of investment and real estate funds in the Sultanate of Oman rose by 89.9 per cent during 2025 to reach nearly RO 1.2 billion, according to figures released by the Financial...
Oman prohibits imports of some fish products
MUSCAT: Oman's Ministry of Agriculture, Fisheries, and Water Resources has banned the import of certain fish species from designated regions in Austria and South Korea. The ban applies to fish,...
Nama Water brings jobs closer to home
MUSCAT: For many young Omanis entering the workforce, finding a job often means leaving home for opportunities elsewhere. Nama Water Services wants to change that. The company, on Monday, unveiled the...
Development Bank lending portfolio crosses $1 billion mark
MUSCAT: Development Bank’s lending portfolio has surpassed $1 billion (approximately RO 385 million), a milestone the state-backed lender says reflects its role in supporting businesses and driving...
OMIFCO shares list on MSX post landmark IPO
MUSCAT, JULY 8 Shares of Oman India Fertiliser Company SAOG (OMIFCO), a leading integrated producer of anhydrous ammonia and granular urea in the Sultanate of Oman, were listed on the Muscat Stock...
Omani firms can adopt AI while keeping data at home
MUSCAT, JULY 2 Enterprises in Oman can deploy Google’s artificial intelligence tools without breaching the Sultanate of Oman’s data residency rules by keeping their information stored locally...
Imtidad opens new opportunities for Omani renewable companies
MUSCAT, JUNE 29 MUSCAT: Oman's newly launched Imtidad community solar programme is creating new business opportunities for local renewable energy companies and manufacturers as the Sultanate...
WhatsApp emerges as Oman’s new shopfront as AI reshapes e-commerce
MUSCAT, JUNE 28 A growing number of Omani businesses are turning the messaging apps already on customers’ phones into fully fledged online stores, as artificial intelligence (AI) reshapes how goods...
Oman’s economic transformation highlighted at key forum
MUSCAT: Oman's economy has shown a growing ability to adapt to global shifts on the back of balanced policies and gradual structural reforms, according to Mahmoud bin Abdullah al Awaini,...
‘Inspire Oman’ initiative to showcase success stories, attract investment
MUSCAT, JUNE 24 A new initiative to document Omani business and entrepreneurial success stories and promote the Sultanate of Oman as an investment destination has been launched by Mefriend, a digital...
Oman’s accreditation centre eyes international recognition by year-end
Muscat: The Omani Accreditation Centre expects to secure international recognition before the end of this year, starting with calibration and testing laboratories, in a move designed to strengthen the...
Call for stronger standards to win global markets
MUSCAT, JUNE 15 As Oman’s Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) steps up efforts to enhance export readiness and develop the competitiveness of Omani enterprises,...
OMIFCO targets up to 8.3% dividend yield as IPO subscription opens
MUSCAT, JUNE 15 Oman India Fertiliser Company (OMIFCO) is offering investors a dividend yield of between 7.8 and 8.3 per cent for 2026, the company has disclosed ahead of an initial public offering...
Construction begins on Muttrah Square waterfront landmark
MUSCAT, JUNE 14 Muscat Municipality has begun construction work on the Muttrah Square project, an award-winning waterfront development designed to reshape the historic district’s urban identity and...
Workshop aims to enhance export readiness of Omani firms
MUSCAT, JUNE 9 The training workshop entitled “Enhancing the Export Performance of Omani Institutions” was launched today, organised by the Ministry of Commerce, Industry and Investment Promotion...
Investors invited to prequalify for RO membrane manufacturing project
MUSCAT, JUNE 8 Nama Water Services has invited interested investors to pre-qualify to participate in a competitive process leading to the award of a mandate for the establishment of a high-value...
Oman launches Kafa’a for industrial transformation
MUSCAT, JUNE 7 The Ministry of Commerce, Industry, and Investment Promotion (MoCIIP), represented by the Directorate General of Industry, launched the first phase of the “Kafa’a” National...
OMIFCO plans MSX debut with 25 per cent IPO
MUSCAT, JUNE 2 Oman India Fertiliser Company (OMIFCO) plans to offer 25 per cent of its shares in an initial public offering (IPO), bringing one of Oman’s largest industrial exporters to the Muscat...
OMIFCO plans 25pc IPO as Oman lines up major industrial listing
MUSCAT : Oman India Fertiliser Company (OMIFCO) plans to offer 25 per cent of its shares in an initial public offering, bringing one of Oman’s largest industrial exporters to the Muscat Stock...