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Monday, October 26, 2026 | Jumada al-ula 14, 1448 H
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Economy

PDO launches AI drive to automate production

BUSINESS REPORTER MUSCAT, OCT 26 Petroleum Development Oman (PDO) on Monday launched a programme to introduce increasingly autonomous production operations, alongside new artificial intelligence tools and digital...

The initiatives were unveiled at PDO’s Autonomous and Digital Transformation Day, held under the auspices of Abdullah bin Salim al Harthy, Under-Secretary of the Ministry of Finance.

Omani JV to set up 20,000 MTPA tissue manufacturing facility in Suhar

With a proposed investment of approximately $12 million, the project is expected to be the first of its kind in this segment in Oman.

Mubbadrah details scope of planned $3 bn Salalah AI investment

Yasser al Barami, CEO of Mubbadrah Investment.

Oman’s SME financing supports growth and jobs

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UER eyes $3.5 bn Venezuela oil development project

Representatives of Pacific Coast Energy Company (PCEC) and Switzerland-based I-Capital AG during their Muscat visit

ETCO Space signs satellite technology deal

The companies aim to strengthen cooperation in space and advanced technologies.

Oman expands digital investment opportunities

The value of e-commerce rose to RO 288 million in 2025, up from RO 221 million in 2023.

Al Batinah acquires first veterinary pharma firm

Established at Al Buraimi Industrial City, the plant has been designed to produce veterinary medicines, nutritional supplements and other formulations essential to Oman's livestock and agricultural sectors. (Image for illustration only)

Omani women urged to turn opportunity into impact

HH Sayyida Hujaija bint Jaifer al Said highlighted initiative, partnerships and financial sustainability as foundations for building businesses and community organisations.

Investors sought for LPG cylinders filling station in Masirah

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OIA leads $500 million Central Asia fund

The fund will seek capital from sovereign wealth funds, institutional investors and strategic investors in international markets.

$1.3 bn Al Khadra Digital project to bolster Oman’s AI hub ambitions

Representatives of Yamna and the Omani government at the agreement signing in London last week.

Fuel drives Oman import prices higher

The general import price index also increased 2 per cent from the first quarter.

MBSAT signs deal for 2027 services launch

MBSAT, part of Mohammed Al Barwani Group, will use ST Engineering iDirect’s Intuition platform to operate the network and manage satellite capacity.

Oman, UK seal deal for £1bn AI data centre in Salalah

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RO 300m digital investment, 3,000 annual jobs targeted

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