Opinion- Population growth and policy pressure: Oman at 7.7 million
MUSCAT: Oman’s economy is entering a new demographic phase. According to projections by the National Centre for Statistics and Information (NCSI), the Sultanate of Oman’s population is expected to...
US slaps 10% tariffs on Oman
MUSCAT: US President Donald Trump’s surprise announcement of sweeping new tariffs — unveiled during what he dubbed “Liberalisation Day” — has rattled global markets and introduced a fresh...
S&P affirms Oman’s credit rating at ‘BBB-’ with stable outlook
MUSCAT: In a significant boost to investor confidence, Standard & Poor’s Global Ratings (S&P) has reaffirmed the Sultanate of Oman’s long-term sovereign credit rating at ‘BBB-’ with a Stable...
Growing project pipeline signals Oman's mineral commercialisation
MUSCAT: Oman’s state-owned mining investment firm, Minerals Development Oman (MDO), has reported a significant expansion of its project pipeline as it continues to add value to the country’s...
Hidden trade persists in Salalah as shops shun e-payments
SALALAH, MARCH 29 As Eid approaches, shoppers in the Wilayat of Salalah are increasingly being asked to transfer payments to personal bank accounts rather than using approved electronic systems—an...
Enhancing domestic connectivity: A strategic move by Oman CAA
In a timely and forward-looking initiative, Oman’s Civil Aviation Authority (CAA) has announced a plan to grant temporary domestic air permits on the Muscat–Salalah and Suhar–Salalah routes...
Oman’s circular solar economy: Opportunities & challenges in PV sustainability
Oman is steadily advancing toward its Vision 2040 goals, with renewable energy playing a crucial role in its economic diversification strategy. With an abundance of sunlight, the country has invested...
Qatar’s Hamad International Airport unveils new concourses, boosting capacity to 65m passengers
Doha: Hamad International Airport (DOH), recognized as the world’s best airport by Skytrax in 2024, has officially opened its new Concourses D and E, significantly increasing its annual passenger...
Asyad Group strengthens stake in Asyad Shipping
MUSCAT: In a decisive move to reinforce market confidence, wholly state-owned integrated logistics enterprise Asyad Group SAOC has acquired 21,591,628 shares of newly listed Asyad Shipping SAOG at an...
Fixing Oman’s labour market challenges
Oman’s labour market is grappling with significant challenges, particularly the issues of concealed trade and unregulated labour. Concealed trade occurs when businesses are officially registered...
Oman inks EPSA pact for Block 54 with OQEP, Genel Energy
Muscat: The Ministry of Energy and Minerals has entered into an Exploration and Production Sharing Agreement (EPSA) with OQEP and Genel Energy to develop Block 54 (also known as the Karawan...
5-day forum to spotlight Oman water security goals
Muscat: Building on the success of its inaugural edition, Oman Water Week (OWW) 2025 returns as the region’s leading platform for advancing water sector dialogue, innovation, and collaboration. ...
Talent management: A pillar for Oman Vision 2040
MUSCAT, March 10 In today’s rapidly evolving job market, organizations must adopt advanced strategies to attract, develop, and retain top talent. As global competition for skilled professionals...
Promoting Dhofar as a global tourism destination
MUSCAT, MARCH 9 Said Ahmad founded Al Fawaz Tours in 1989 in Salalah. At the time, Oman’s tourism sector was in its infancy, particularly in the southern Dhofar Governorate. By launching Al Fawaz...
Can Oman successfully transition to a renewables and mining-based economy?
Oman’s economy is currently heavily reliant on oil and gas, which form the backbone of its revenue and exports. Hydrocarbon revenues account for approximately 70% of budget income, while the sector...
Oman’s location boosts its role in global hydrogen trade
MUSCAT: Oman is setting its sights on becoming a major player in the global hydrogen economy, with plans to develop 30 gigawatts (GW) of hydrogen production capacity by 2040 and attract $34 billion in...
EA highlights threat of unattributable oil spills to Oman
A new study published by Oman’s Environment Authority (EA) in the prestigious Pollution Study Journal has raised concerns over small-scale marine oil spills of unknown origin, warning that these...
Oman’s economy sees moderate growth as non-oil sector expands
MUSCAT: Oman’s economy maintained steady growth in 2024, supported by a strong performance in non-petroleum activities, despite a decline in oil sector revenues and foreign direct investment flows,...
Opinion- 11th 5-year plan to broaden economic diversification
Oman is preparing to launch its Eleventh Five-Year Plan (2026-2030), a pivotal milestone in the journey towards achieving the goals of Oman Vision 2040. This plan follows the Tenth Five-Year Plan,...
Oman Climate Week session delves into decarbonisation challenges and solutions
MUSCAT, FEB 25 The imperative of technological innovation, regulatory frameworks and adaptive business models in decarbonizing hard-to-abate industries was highlighted at a key session held as part...