Business - oman observer

Monday, February 23, 2026 | Ramadan 5, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
The US remains an important export market for Al Jazeera Steel’s products.
Oman's Jazeera Steel to set up US subsidiaries in strategic expansion move

MUSCAT: Leading Omani steel pipes and tubes manufacturer Al Jazeera Steel Products Co SAOG plans to establish a pair of wholly-owned subsidiaries in the United States — one of its top global export destinations.The announcement was made in a recent regulatory filing to the Muscat Stock Exchange (MSX), citing a Board of Directors’ decision approving the...
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Questions on the future of Trump’s tariffs
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CBO issues guidelines for 'Buy Now, Pay Later' service
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Gold climbs to 3-week high as US tariff ruling
Over the next 12–24 months, MSX expects continued listing activity aligned with the national economic agenda.

MSX plans CCP clearing model, securities lending
The ginger market in Oman will witness rapid growth, reaching 19% by 2028.

Strategic step to commercialise Omani ginger cultivation
Rising gypsum and limestone exports helped lift general cargo volumes at Salalah Port.

Port of Salalah achieves record general cargo volumes in 2025
Oman’s strong performance is underpinned by a high Purchasing Power Index of 156.3, reflecting relatively strong household incomes against moderate costs.

Oman tops Asia in quality of life in Numbeo Index 2026
The focus is on utilising accumulated experience in consultancy, project management, training and knowledge transfer to enhance institutional performance.

OPAZ taps retired talent through ‘Experiences’ initiative
The opportunities cover projects across citrus and lemon farming, agricultural nurseries and fish farming.

Al Batinah South unveils agri-food investment drive
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Tariff agenda: Investors eye with cautious optimism
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Trump hikes the US global tariff rate to 15%
Trading value through Tabadul-linked activity in 2025 reached approximately to about RO 585 million, providing an early benchmark of activity that it intends to scale in the coming phase.

MSX targets “structural” liquidity with tighter market-making rules, easier foreign access
A’Saffa Foods is ramping up annual broiler chicken production capacity from 48 million birds to 60 million birds.

Omani broiler chicken expansion project set for Q3 completion
Non-oil exports rose by 7.5 per cent to around RO 6.7 billion in 2025, compared with RO 6.2 billion a year earlier.

Oman trade remains resilient above RO 40 billion
The platform allows buyers to confirm that sellers hold official licences.

Ma’roof platform strengthens trust in Oman’s e-commerce
Trending Stories
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Over 137,000 cruise tourists visit Oman in 2025

Archaeological Site of Salut: A globally significant Iron Age settlement

SQU Council approves Alumni Association regulations and direct student admission

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Nepal bus crash kills 19, including British tourist

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Questions on the future of Trump’s tariffs

jb

Barcelona return to LaLiga summit with 3-0 win over Levante

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Maternal mortality drops 53% in major healthcare milestone

Arsenal's Viktor Gyokeres scores their fourth goal past Tottenham Hotspur's Guglielmo Vicario

Arsenal restore five-point lead in title race, Liverpool leave it late

BUSINESS VIDEOS
Economy
The ginger market in Oman will witness rapid growth, reaching 19% by 2028.

Strategic step to commercialise Omani ginger cultivation

MUSCAT, FEB 22The Agricultural and Fisheries Development Fund has announced the start of this year's Omani ginger harvest season as part of a project to utilise modern technologies to develop specialised farms for producing cash vegetable crops...

Rising gypsum and limestone exports helped lift general cargo volumes at Salalah Port.
Port of Salalah achieves record general cargo volumes in 2025
The focus is on utilising accumulated experience in consultancy, project management, training and knowledge transfer to enhance institutional performance.
OPAZ taps retired talent through ‘Experiences’ initiative
Oman’s strong performance is underpinned by a high Purchasing Power Index of 156.3, reflecting relatively strong household incomes against moderate costs.

Oman tops Asia in quality of life in Numbeo Index 2026
The opportunities cover projects across citrus and lemon farming, agricultural nurseries and fish farming.

Al Batinah South unveils agri-food investment drive
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What happens to all these trade deals now?
Opinion
Sandhya Rao Mehta
Sandhya Rao Mehta Rethinking teaching in a changing learning landscape
Dr Khalfan Hamed Al Harrasi
Dr Khalfan Hamed Al Harrasi Faith in action: How belief shapes character and coexistence
Abdulaziz Al Jahdhami
Abdulaziz Al Jahdhami Ramadhan, a pause button for the human spirit
Markets

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Questions on the future of Trump’s tariffs

Gold climbs to 3-week high as US tariff ruling

MSX plans CCP clearing model, securities lending

Tariff agenda: Investors eye with cautious optimism

Trump hikes the US global tariff rate to 15%

Banking

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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

Regional Network of Central Banks conference opens in Muscat

Energy

OQBI is Oman’s only integrated producer of methanol, ammonia and LPG

Record ammonia, LPG production boosts performance of OQ Base Industries

Oman's Jazeera Steel to set up US subsidiaries in strategic expansion move

OPEC+ leans towards resumption in oil output increases from April

Oman plans hydrogen-powered electricity generation

SuperESCO pushes Oman toward Net Zero goals

Aviation
OmanSat-1 is scheduled for launch in September 2028, with operations commencing in May 2029.

US firm wins Airbus contract for Oman satellite project

 Muscat: US technology firm Kratos Defense & Security Solutions has announced that it has been selected by Airbus Defence and Space to support the development of OmanSat-1, the first national...
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CAA announces rules on drone sales in Oman

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Oman Air developing low-cost travel model: Minister of Transport

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Airport infrastructure to get a boost in Oman's Aviation Strategy 2040

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Oman Air, Travelport renew multi-year partnership

ENTREPRENEURS
Questions on the future of Trump’s tariffs

New York: Policymakers, business leaders, economists and legal experts are parsing the implications of the Supreme Court’s landmark 6-3 ruling that overturned most of President Donald Trump’s sweeping tariffs on U.S....

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Gold climbs to 3-week high as US tariff ruling

MSX plans CCP clearing model, securities lending

Strategic step to commercialise Omani ginger cultivation
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
Capture
New OCCI headquarters to come up in Madinat al Irfan
Tourism

Presentations delivered during the session showcased key development initiatives implemented over the past year.

Musandam reviews development gains, plans

Neem Camp promotes experiential tourism in Nizwa

Promotional campaigns boost tourism revenues and visitor numbers

MICE tourism yields RO 16m return as Oman targets high-spending delegates

Oman named emerging tourism destination

Intra-GCC tourism sees growth of 51.2% in 5 years

Al Jabal Al Akhdhar tourism drive accelerates

Cars

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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

Sony Honda unveils prototype EV

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