Business - oman observer

Monday, May 11, 2026 | Dhu al-Qaadah 23, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
The opening ceremony was held under the auspices of Sultan bin Salim al Habsi, Minister of Finance.
RO 495 million real estate deals signed in Oman

MUSCAT: Agreements, project awards and investment partnerships worth more than RO 495 million were announced on Sunday as the 21st Oman Real Estate, Design & Construction Exhibition and Conference 2026 opened in Muscat, underscoring the accelerating pace of urban development and growing investor confidence in the Sultanate of Oman’s real estate sector.The four-day...
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Oil soars as Trump rejects Iran's terms
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Crisis helps boost Oman-GCC inland connectivity: Expert
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Indian PM urges limits on fuel use, travel and imports

FSA engages retail investors to strengthen Oman capital market
The opening ceremony was held under the auspices of Sultan bin Salim al Habsi, Minister of Finance.

RO 495 million real estate deals signed in Oman
Participating companies were introduced to credit insurance services provided by Credit Oman.

Credit Oman holds workshop for plastics exporters to US
The unveiling coincides with Musstir’s participation in the Oman Real Estate Expo & Conference 2026

RO 300 million “Musstir Heights” unveiled at Al Jabal Al Aali
Both companies said the proposed merger is still at an early stage and remains subject to multiple approvals and assessments.

Al Suwadi, Al Batinah Power study merger
Dr Aisha al Sarihi, Economist at the Ministry of Economy

Oman joins Global Stocktake of National Circular Economy Roadmaps
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RO 96 million Korean EV, battery plant planned in SEZAD
President and CEO of Saudi's Aramco, Amin H. Nasser

Aramco CEO warns 1 billion barrels lost will slow recovery
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Saudi Aramco net profit up 25% in Q1, 2026
SKOREAUS-ISRAEL-IRAN-WAR-OIL

Strait of Hormuz remains effectively blocked
The agreements involve SAMAS Mining, a producer of sodium bentonite and Tekatron, which specialises in remotely operated unmanned ground military systems.

OIA expands strategic investments in Türkiye
The introduction of the Competition Protection and Anti-Monopoly Law in 2014 marked a major step in regulating market practices.

Competition laws boost investor confidence in Oman
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Trending Stories
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At least 880 civilians killed in Sudan drone strikes between January and April: UN

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Oil soars as Trump rejects Iran's terms

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2 tested positive as evacuation of virus-hit ship nears completion

Esmaeil Baghaei

Iran describes its proposal legitimate, generous

Kristoffer Reitan wins his first PGA event during the final round of the Truist Championship golf tournament

Norwegian rookie Reitan wins PGA Truist Championship

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Crisis helps boost Oman-GCC inland connectivity: Expert

Royal Challengers Bengaluru's Rasikh Dar celebrates the wicket of Mumbai Indians' Naman Dhir with Josh Hazlewood and Jitesh Sharma

Leaders Bengaluru edge to last-ball win over Mumbai

Real Madrid's Antonio Rudiger and Vinicius Junior

Arbeloa: Real Madrid must face fan anger after Barca seal titl

BUSINESS VIDEOS
Economy
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Crisis helps boost Oman-GCC inland connectivity: Expert

Muscat: The conflict in the region continues amid a fragile ceasefire, but the situation also presents an opportunity for stakeholders in the GCC to revise strategies to overcome these challenges and insulate themselves from such shocks in the...

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Indian PM urges limits on fuel use, travel and imports
The opening ceremony was held under the auspices of Sultan bin Salim al Habsi, Minister of Finance.
RO 495 million real estate deals signed in Oman
Participating companies were introduced to credit insurance services provided by Credit Oman.

Credit Oman holds workshop for plastics exporters to US
The unveiling coincides with Musstir’s participation in the Oman Real Estate Expo & Conference 2026

RO 300 million “Musstir Heights” unveiled at Al Jabal Al Aali
Both companies said the proposed merger is still at an early stage and remains subject to multiple approvals and assessments.

Al Suwadi, Al Batinah Power study merger
Opinion
Abdulaziz Al Jahdhami
Abdulaziz Al Jahdhami Do we drive our cars or they drive us?
Sandhya Rao Mehta
Sandhya Rao Mehta How Attenborough brought the natural world into our homes
Thomas L Friedman
Thomas L Friedman US, China have a common foe. It’s not the USSR
Markets

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Oil soars as Trump rejects Iran's terms

FSA engages retail investors to strengthen Oman capital market

Strait of Hormuz remains effectively blocked

Oil prices rise as US, Iran test truce with strikes

Consumers aren’t cutting back on fast food

Banking

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Oman sees 76% growth in digital payments: CBO

African Bank of Oman launched in Angola

Oman Banks build climate finance skills

CBO issues guidelines for 'Buy Now, Pay Later' service

FSA warns unlicensed audit firms

Energy

President and CEO of Saudi's Aramco, Amin H. Nasser

Aramco CEO warns 1 billion barrels lost will slow recovery

Saudi Aramco net profit up 25% in Q1, 2026

Refinery output in Oman up 0.2% to 56.5 million barrels

War and energy shortages boost China’s Influence in Asia

Oman opens new energy frontier with methane hydrates exploration

Aviation
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UK airlines to group flights together on fewer aircraft

London  - Airlines will be allowed to group passengers from different flights together on to fewer planes as part of plans to save jet fuel, the UK Department for Transport (DfT) has said. The...
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Passengers are left stranded after Spirit shuts down

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US low-cost Spirit Airlines shuts down

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Middle Eastern airlines see 60% drop in demand in March

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Aviation fuel: Indian airlines threaten to stop services

ENTREPRENEURS
Oil soars as Trump rejects Iran's terms

 Oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East, while stocks were mixed.Trump's repudiation of Iran's response to his latest peace...

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Crisis helps boost Oman-GCC inland connectivity: Expert

Indian PM urges limits on fuel use, travel and imports

FSA engages retail investors to strengthen Oman capital market
Property
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LEO Development announces real estate projects in Duqm, Muscat
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Al Mina Waterfront development is 65% complete
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New OCCI headquarters to come up in Madinat al Irfan
Tourism

The decision mandates the implementation of the new provisions and requires all licensed operators to align their activities within six months of entry into force.

Tourism law sets stricter rules and raise standards

Tourism output in Oman reaches RO 2.2 billion

United States sees a drop in international visitors in 2025

Oman’s hotel revenues set a record in 2025: Report

Oman 3–5 star hotel revenues rise 18.5%

Arabian Travel Market 2026 postponed

12 licences issued for operating marine piers

Cars

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RO 96 million Korean EV, battery plant planned in SEZAD

Toyota expects $4.3 billion hit from war fallout

The mighty engine that Jaguar built, and built Jaguar

Mideast war revs up electric car demand in Asia

Used EV sales jump in Europe as Iran war drives up petrol prices

In Kentucky, people blame Ford for lost factory jobs

US carmaker Ford reports heavy losses

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