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Monday, August 31, 2026 | Rabi' al-awwal 17, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

US urges G20 to pursue growth amid rising debt concerns

ASHEVILLE: US officials urged Group of ​20 country finance leaders on Monday to push harder ​for economic growth as the best way to counter concerns over rising global debt levels. The two-day meeting in Asheville,...

US Treasury Secretary Scott Bessent, Federal Reserve Chair Kevin Warsh, President and CEO of Citizens Bank of Edmond Jill Castilla, CEO of JPMorgan Chase Jamie Dimon attend a plenary session as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina. - Reuters

Al Suwaiq Industrial City courts investors

Madayn hosted a meeting to highlight the advantages and incentives available at the industrial city.

Construction begins on Muttrah Square waterfront landmark

Once complete, Muttrah Square is expected to become a prominent architectural and tourism landmark in the capital.

Oman cybersecurity market to hit $214 million

Domestic market is expected to rise from $135.33 million in 2025 to $146.12 million in 2026.

National Gas Saudi unit, Zamil win LPG licences

For National Gas, the award provides access to a major Saudi consumer market.

Smart water meter coverage reaches 99.5% across Oman

Nama Water Services is implementing a phased plan to complete the smart meter rollout.

Oman strengthens freelance ecosystem through digital platforms

Digital platforms make freelance work a vital contributor to the modern economy and an enabler of economic diversification.

Oman real estate prices jump 15.9% in first quarter

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Credit Oman-backed domestic sales top RO 180 million

Muscat Governorate accounted for the largest share of insured domestic sales at RO 120 million.

SEZAD plans major coastal tourism expansion

The plan seeks to develop a 16-kilometre waterfront.

Gas deal emerges as key test of OMIFCO’s IPO story

In 2025, OMIFCO generated revenue of RO 308.9 million, equivalent to about $802 million

Students brief OPAZ chairman on Duqm internship

The 18 students pictured with the Chairman of OPAZ

Egyptian steel firm to set up major fabrication facility in Duqm

Representatives of OPAZ and Ferrometalco at the signing in Duqm earlier this week

SpaceX IPO allocates more shares to retail investors

SpaceX Starship and Super Heavy Booster creates sound waves as it lifts off on its 12th test flight from the SpaceX launch complex in Starbase. REUTERS

Contract awarded for Oman wind turbine project

Rendering of the Mawarid Wind Turbine manufacturing project in Duqm SEZ.

Global investors see Oman as growth hub

Executives from global companies outline the factors that led them to choose Oman for major investments and expansion projects.
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