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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.

Investment opportunities in Oman’s SEZs showcased

Qais bin Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), led Oman’s delegation to the Cairo forum.

2026 shrimp season boosts economic value of fisheries resources

Total shrimp production in the Sultanate reached 6,321.46 tonnes, valued at RO 14.150 million, in 2025.

ESG awards open for entries

Oman Sustainability Week Awards 2027 invites ESG leaders to showcase measurable sustainability impact.

Salalah Engineering Forum to focus on clean energy infrastructure

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US urges G20 to pursue growth amid rising debt concerns

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

Jazeera Steel establishes US holding, operating arm

The entities will support and facilitate Jazeera Steel’s international operations and ongoing business activities in the United States.

WATER SHAPES OMAN'S GROWTH

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Water limits proposed for Najd farm expansion

The proposal, presented during a forum held in Salalah this week, makes water availability a core condition for future agricultural licensing in the Najd.

24 Omani Companies Showcase Services at "LEAP 2026" in Saudi Arabia

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Oman water demand: 85% goes to agriculture

Water and Climate Change symposium in Salalah, he said municipal use represented about 15 per cent of overall demand.

TRA Issues Number Portability Regulatory Framework

The framework further seeks to regulate and govern number portability procedures, ensuring their seamless execution and thereby fostering fair competition within the telecommunications market.

Madayn organises awareness forum on ‘Institutional Integrity’

The forum aims at supporting institutional practices that improve performance efficiency, optimise the use of resources and prevent conflict of interests

Salalah targets 300% rise in water storage by 2040

The Greater Salalah plan seeks full water and sewerage coverage and 23.8 million litres a day of additional treated water for reuse as the city prepares capacity for 674,000 people

Sanctions impacting economy, says Iran's President

Iran President Masoud Pezeshkian meets with chief of Defence Forces of Pakistan, Field Marshal Asim Munir, in Tehran, Iran, August 24

Bill Gates warns AI poses a grave threat to jobs and human life

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