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Monday, October 26, 2026 | Jumada al-ula 14, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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.

Global economy faces sharp slowdown: IMF

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Rakiza — IV3 Aqua to acquire OQ stake in Suhar industrial water utility

Majis Industrial Services specialises in industrial water solutions and utilities serving Suhar's industrial sector.

Oman and Thailand sign AML cooperation pact

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OMIFCO shares list on MSX post landmark IPO

Dignitaries and officials at the formal listing of OMIFCO on the MSX on Wednesday.

Mamun expands HK presence to boost Oman, GCC trade finance links

Mamun representatives meeting with executives in Hong Kong.

IFC sees United Solar as diversification catalyst

Wendy Werner, World Bank Group Country Manager for Oman.

Oman, Jordan launch RO 38.5m joint investment company

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MDO partners with Solidcore Resources to advance copper exploration project

Under the agreement, Solidcore Resources will earn up to a 60 per cent stake in the project through a phased investment structure.

United Solar closes $1.6 bn funding

The company said IFC has now arranged and mobilised more than 30 per cent of the total project financing.

Oman’s mega pumped hydro bet: Investing in a 100-year energy asset

Image for illustration: A new reservoir planned on top of Jabal Abyadh will accommodate multiple reversible pump-turbines, transformers, and associated electromechanical systems.

World absorbs historic Iran war oil supply loss

A 3D-printed oil pump jack and oil barrels are placed on dollar banknotes in this illustration picture. — Reuters

Global investors express strong confidence in Gulf economy: Survey

James Davies, Chief Executive Officer of Consulum

Oman to modernise air traffic surveillance system

Officials signing the agreement in Paris recently.

Omani brands target Egypt through franchising

The OCCI steps up efforts to position franchising as a driver of private sector growth and economic diversification.

Oman posts 2.6% GDP growth in first quarter

At constant prices, the economy expanded, supported by a 4.59 per cent rise in oil activities and 2.36 per cent growth in non-oil activities.
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