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Wednesday, June 24, 2026 | Muharram 8, 1448 H
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Economy

Duqm Port gains strategic importance in global trade routes: CEO

MUSCAT, JUNE 23 At a time when the global trade landscape is rapidly evolving and the need for secure, flexible logistics corridors is becoming increasingly critical, the Port of Duqm is emerging as one of the most...

Port of Duqm occupies a specialised niche within the wider GCC logistics ecosystem.

Riyada signs cooperation pact with commercial banks

Dignitaries with CEOs of the participating banks at the signing on Sunday.

Nationwide survey to gauge public service performance

The findings will help improve government performance and ensure that services are aligned with citizens’ expectations.

Sanad platform to streamline industrial accreditation

The programme was signed by Eng Ghalib bin Said al Maamari, Under-Secretary for Commerce and Industry at the Ministry, and Maqbool bin Ali al Lawati, Vice Chairman of the Omani Industrialists Association.

Omani firms seal RO 30 million seafood deals in Barcelona

The participation attracted strong interest from international buyers, distributors and investors.

Nama boosts water network efficiency

The company has completed the rehabilitation of approximately 1,200 kilometres of water networks across multiple governorates.

Crackdown on hidden trade intensifies in Oman

The ministry reported that 27,288 commercial registrations were reviewed during this phase.

Meta plans 10 per cent layoffs as AI spending soars

Meta will lay off about 8,000 employees and leave thousands of other positions unfilled next month

Five things to know about DeepSeek

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Oman crude climbs to $99.26 amidst geopolitical tensions

The average monthly price of Omani crude for April delivery stood at $68.15 per barrel.

Investment portfolio unveiled for food security projects

The investment opportunities are distributed across Oman’s agriculture, aquaculture and related industries.

OIA launches Furas digital platform

The platform, launched under the auspices of Dr Khamis bin Saif al Jabri, Minister of Economy, offers businesses a clearer forward view of procurement demand across a range of sectors.

Asyad acquires Ligentia to expand global footprint

The acquisition effectively doubles Asyad’s capacity to deliver end-to-end, multimodal logistics solutions across global value chains.

Asyad Group acquires Ligentia logistics provider

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War costs France 4-6 billion euros so far: Minister

Local residents sit at the foot of the Statue de la Republique at Place de la Republique in Paris on April 20, 2026. (Photo by Charlotte SIEMON / AFP)

Omani frankincense secures global geographical indication status

The certification affirms the product’s authenticity and strengthens its legal protection across member states under the Geneva Act of the Lisbon Agreement.
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