Business - oman observer

Tuesday, April 14, 2026 | Shawwal 25, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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IEA chief warns of tougher month for energy markets
US details bounds of Hormuz blockade as two ships turn around
US, Iran leave door open to dialogue after tense talks
US begins naval blockade of Iranian ports
/FW1FP/David Gaffen
US details bounds of Hormuz blockade as two ships turn around

The U.S. military on Monday detailed the boundaries of its Strait of Hormuz blockade, saying it would extend east to the Gulf of Oman and Arabian Sea, while ship-tracking data showed two ships turned around in the strait as the blockade went into effect.In a note to seafarers about the blockade that seeks to take control of ⁠the strait away from Iran, the U.S....
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Govt presents road map for Oman's aviation sector
Saud al Hubaishi, Chief Operating Officer at Oman Airports, speaks about the company's achievements and plans during the joint media summit

Oman Airports profit surges 45% to RO 21.8 million
First production from the Hasirah Reservoir is anticipated in Q4 2026.

Masar Petroleum announces major discovery in Block 7
Over 55 projects benefitted from the fast-track pathway and services were provided to over 3,500 international investors.

Invest Oman reshapes investment promotion landscape
Oman has achieved high self-sufficiency rates in several commodities.

Oman scales up food security strategy
Con Korfiatis, Chief Executive Officer, said the airline’s turnaround is gaining traction.

Oman Air posts positive EBITDA after 15 years
The initiative will see students work on defined assignments inside host organisations.

SEZAD — SQU summer international programme launched
‘We do see strong potential for a second phase’: Meranti CEO

Meranti eyes downstream steel investments beyond Duqm HBI project
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SalamAir reports profitability (EBITDA) of RO6.6 million for 2025
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Oman Air achieves profitability (EBITDA) for the first time in 15 years
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Amsterdam, Beijing are among the destinations launched in 2025
The blocks — numbered 12, 16, 55, 42 and 45 — span a wide geographical area and are understood to hold promising geological potential.

Oman opens five new energy blocks
Consortium of experienced Chinese engineering firms to undertake project execution.

Construction work on Oman’s JBB wind IPP to start in Q3
SEZAD’s investment landscape remains diversified, with 360 commercial and 65 industrial projects underpinning its growth.

SEZAD investments reach RO 6.394 billion in 2025
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 23 per cent to RO 1.348 billion.

OQ posts RO 641 million profit in 2025
Trending Stories
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Carney's Liberals poised to secure Canada majority

His Majesty Sultan Haitham bin Tarik received at Al Barakah Palace on Monday President Duma Gideon Boko of the Republic of Botswana.

HM, Botswana President hold talks

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Presidential visit to strengthen Oman-Botswana relations

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More than 350 educational outstanding performers feted

The project was completed at a cost of RO 540,191.

Endowment building opened for Ataa Saham Charitable Team

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Botswana’s president: embassy in Muscat to open by year-end

50 patients will benefit from the agreement for non-surgical treatment and orthodontic care.

Pact signed to provide specialised care for cleft lip patients

The ministry highlighted investments in human capital through specialised training programmes.

Oman housing sector improves services, boosts investment

BUSINESS VIDEOS
Economy
Saud al Hubaishi, Chief Operating Officer at Oman Airports, speaks about the company's achievements and plans during the joint media summit

Oman Airports profit surges 45% to RO 21.8 million

MUSCAT, APRIL 13Oman Airports delivered a strong financial and operational performance in 2025, underpinned by steady passenger growth, improved cost discipline and expanding international connectivity. During the joint media briefing held on Monday,...

First production from the Hasirah Reservoir is anticipated in Q4 2026.
Masar Petroleum announces major discovery in Block 7
Over 55 projects benefitted from the fast-track pathway and services were provided to over 3,500 international investors.
Invest Oman reshapes investment promotion landscape
Oman has achieved high self-sufficiency rates in several commodities.

Oman scales up food security strategy
Con Korfiatis, Chief Executive Officer, said the airline’s turnaround is gaining traction.

Oman Air posts positive EBITDA after 15 years
The initiative will see students work on defined assignments inside host organisations.

SEZAD — SQU summer international programme launched
Opinion
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EDITORIAL OBSERVER Continuation of US-Iran peace talks can bring peace
Dr Najma Al Zidjaly
Dr Najma Al Zidjaly A shift in perspective: Seeing Earth through Artemis II
Lakshmi Kothaneth
Lakshmi Kothaneth Problem and solution — two sides of the same coin?
Markets

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Oil prices surge above $100 after talks fail

The oil shock is worse than you think

Stocks surge on ceasefire hopes; oil climbs higher

Iran war leaves crisis-scarred countries counting the cost

Oil prices edge higher amid fears for fragile ceasefire

Banking

The workshop focused on global trends in climate finance, priority investment sectors in the Sultanate of Oman.

Oman Banks build climate finance skills

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

FSA warns unlicensed audit firms

Use of national currency in ads needs approval: CBO

Moody’s revises Oman’s banking sector outlook to stable

Energy

The blocks — numbered 12, 16, 55, 42 and 45 — span a wide geographical area and are understood to hold promising geological potential.

Oman opens five new energy blocks

Construction work on Oman’s JBB wind IPP to start in Q3

SEZAD investments reach RO 6.394 billion in 2025

OQ posts RO 641 million profit in 2025

Saudi Arabia restores full capacity on East-West oil pipeline

Aviation
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Govt presents road map for Oman's aviation sector

MUSCAT: Eng Said bin Hamoud al Maawali, Minister of Transport, Communications and Information Technology, presented on Monday the road map for the country's major aviation sector stakeholders,...
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SalamAir reports profitability (EBITDA) of RO6.6 million for 2025

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Oman Air achieves profitability (EBITDA) for the first time in 15 years

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Amsterdam, Beijing are among the destinations launched in 2025

Muscat International Airport

Oman's aviation sector stays steady in 2026

ENTREPRENEURS
Oman Airports profit surges 45% to RO 21.8 million

MUSCAT, APRIL 13Oman Airports delivered a strong financial and operational performance in 2025, underpinned by steady passenger growth, improved cost discipline and expanding international connectivity. During the joint...

Saud al Hubaishi, Chief Operating Officer at Oman Airports, speaks about the company's achievements and plans during the joint media summit

Masar Petroleum announces major discovery in Block 7

Invest Oman reshapes investment promotion landscape

Oman scales up food security strategy
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

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Arabian Travel Market 2026 postponed

12 licences issued for operating marine piers

Tourism on hold as war casts uncertainty

Winter surge lifts tourism revenues

Musandam reviews development gains, plans

Neem Camp promotes experiential tourism in Nizwa

Promotional campaigns boost tourism revenues and visitor numbers

Cars

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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

Toyota names new CEO, hikes profit forecasts

Stellantis plunges on $27 billion bill for EV pullback

Tesla profit slumps, but investors may not care

India to slash tariffs on cars to 40% in EU trade deal

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