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Wednesday, June 24, 2026 | Muharram 8, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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.

Salalah Port in talks for extension of concession beyond 2028

Salalah Port is one of Oman’s biggest transshipment and logistics hubs.

GCC education sector expands to 10.9 million students

Public education continues to dominate, accommodating around 7.6 million students, or 70.2 per cent of total enrolment.

Oman-Belarus forum targets new investment flows

The forum will bring together business leaders, investors and institutional representatives from both countries.

New initiative integrates solar energy into agricultural projects

The initiative enables farmers to adopt solar energy technologies to increase production efficiency and reduce operating expenses.

Oman’s non-oil GDP hits RO 28.7 billion in 2025

Non-petroleum activities continued to outpace oil-driven growth, highlighting structural progress in broadening the economic base.

Brent heads for record monthly leap

Oil, miniatures of oil barrels, oil pump jack and US dollar banknote are seen in this illustration. — Reuters

War forces Asian economies to confront sliding currencies

A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India. — Reuters

BoJ highlights inflationary pressure from oil, weak yen

The Japanese national flag waves at the Bank of Japan building in Tokyo. — Reuters

War forces Asian economies to confront sliding currencies

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Oman retains investment grade credit rating

S&P expects Oman’s economy to grow by 1.4 per cent in 2026 and by an average of 2.3 per cent during 2027–2029.

Oman targets 400,000 t/y chromite output by 2030

The goal is to “position the Sultanate of Oman as a reliable supplier of chromite ore and value-added products in Asia” by 2030.

Standards strategy drives labour market gains

Zaher bin Abdullah al Sheikh

Maritime portal streamlines sector services in Oman

The initiative aims to accelerate procedures, enhance user experience, and significantly reduce reliance on paperwork and manual transactions.

WTO talks near deal on reform roadmap

Delegates attend the World Trade Organisation (WTO) 14th ministerial meeting in Yaounde, Cameroon. — Reuters

Oman ports emerge as global trade pivot

SOHAR Port recorded an exceptional 1,766 per cent surge in ship destination change requests.
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