Masirah Oil begins delayed drilling campaign at Yumna field
MUSCAT, OCT 21 Masirah Oil Limited has begun work on the first well of its delayed drilling programme at the offshore Yumna oilfield in Oman’s Block 50, with production from the new well expected to...
Food behind about half of Oman’s inflation: SQU economist
MUSCAT: Food and non-alcoholic beverages accounted for roughly half of Oman’s annual rise in consumer prices in September, a Sultan Qaboos University economist has estimated, as higher freight...
Oman's power grid faces a cost-recovery test
Oman's electricity regulator approved a 10-year recovery period for planned battery storage assets, against about 35 years for conventional transmission equipment, Fitch Ratings said, bringing...
Port of Salalah transition puts $200 million equipment in focus
MUSCAT, OCT 18 Oman’s decision not to extend Salalah Port Services Company’s operating concessions beyond November 1, 2028 has put the treatment of about $200 million in leased equipment and...
PDO remote system cuts electrical field visits
MUSCAT, OCT 18 Petroleum Development Oman (PDO) estimates its remote electrical fault-analysis system avoided about 275 field dispatches between 2024 and mid-2026, reducing the need for engineers to...
Opinion- The price of living where the jobs are
QASIM AL MAASHANI More than half of Omanis insured in the private sector were in basic-wage bands below RO 500 a month in 2025. The National Centre for Statistics and Information counted 207,656...
Private listings key to Oman market growth
MUSCAT, OCT 14 Oman needs a steady pipeline of private-sector listings to turn growing international recognition into opportunities for long-term investors, Ehsan Khoman, Macro Strategist at...
Major asset manager prepares to invest in Oman
MUSCAT, OCT 13 An international asset manager described as one of the world’s ten largest is preparing to invest in Oman after approximately 18 months of engagement, signalling growing institutional...
Jabal advances Hong Kong ETF plans with 50% Oman allocation
Muscat: Jabal Asset Management is at an advanced stage of preparing a Hong Kong-based exchange-traded fund (ETF) that would allocate 50 per cent of its investments to the Omani market and the...
Major global asset manager prepares to enter Omani market
Muscat: One of the world’s ten largest asset managers is making preparations to invest in Oman’s stock market after around 18 months of discussions with Omani companies and investment...
Oman looks to private capital for next phase of economic growth
Muscat: Oman is looking to private investors and capital markets to take on a greater role in financing economic growth, following five years of reforms aimed at strengthening public finances and...
Market access alone will not bring investors, FEAS chief warns
Muscat: Making it easier to trade across stock exchanges is one thing. Persuading investors to commit their money is another. That distinction emerged at the opening of ConFEAS 2026 in Muscat on...
Oman grid plan covers 7.23 GW green portfolio
MUSCAT, OCT 12 Oman Electricity Transmission Company (OETC) has outlined a grid integration schedule covering 17 renewable energy projects with a combined capacity of 7,230 megawatts (MW), alongside...
MSX targets sustained investment
MUSCAT, OCT 11 Muscat Stock Exchange (MSX) is broadening its focus from building liquidity to attracting sustained investment, developing investment funds and new products as Oman prepares for a...
Great Wall wins $100m-plus Oman drilling award
MUSCAT, OCT 11 China’s Great Wall Drilling Company has received a letter of award from Medco for a five-year drilling services programme involving two rigs in Oman, valued at more than $100 million,...
MSX targets 2028 for derivatives launch
MUSCAT: Muscat Stock Exchange is targeting 2028, in a best-case scenario, for the introduction of derivatives products, with 2027 expected to be devoted to establishing and licensing the independent...
Oman enters FTSE Russell upgrade watch list
MUSCAT, OCT 7 Oman has cleared the market-size and securities-count thresholds required for Secondary Emerging Market status, prompting FTSE Russell to place it on its Watch List for possible...
Opinion- Boycott reshapes consumer choices
Oman’s imports of sweetened and flavoured drinks more than doubled in 2024, with Saudi-sourced shipments rising more than sixfold, trade data show, one of the clearest measures yet of how parts of...
Jibjat families seek stronger market support
TAQAH: The Productive Families Market at Jibjat’s Sarb season is giving household businesses a direct route to visitors, but participants say stronger sales support is needed to turn the opportunity...
Oman tourism growth puts service in focus
MUSCAT, OCT 4 Oman’s expanding tourism industry is putting greater pressure on operators to improve service standards as the country seeks to translate billions of rials in investment and rising...