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Thursday, April 23, 2026 | Dhu al-Qaadah 5, 1447 H
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Markets weigh outlook after Trump extends Iran truce
Fertilizer shipments cannot be stopped due to the war: UN
Economy

Oman crude climbs to $99.26 amidst geopolitical tensions

MUSCAT: The official price of Oman crude oil for June delivery rose sharply on Wednesday, reaching $99.26 per barrel. The latest benchmark marks an increase of $7.25 compared to the previous day’s price of $92.01,...

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

Oman, India sign CEPA: Highlights

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Oman-India Business Forum reviews investment opportunities in Oman

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OQ launches 9 Ladayn plastics projects worth RO 40 million

The nine projects focus on an array of plastics- and polymer-based packaging solutions and applications.

Oman’s Rakiza Fund raises $1 billion in global capital

Muneer Ali al Muneeri, CEO of Rakiza Fund

Oman-India CEPA to boost business opportunities

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Startup reshapes sustainable construction in Oman

Mohamed Alderiy, Founder of EnviBrick, highlights how material science and local innovation can directly support Oman’s sustainability and energy-efficiency goals.

Tamakkun Programme empowers Omani youth and SMEs

Tamakkun Programme empowers Omani youth and SMEs, driving innovation and growth in line with Oman Vision 2040.

SalamAir launches Muscat–Abha route

The inaugural flight took off on December 16, marking SalamAir’s entry into Abha, the gateway to Saudi Arabia’s Asir region.

Oil prices climb as Trump orders blockade of Venezuelan tankers

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ITHCA launches venture fund and accelerator

ITHCA’s initiatives unlock opportunities for tech entrepreneurs to scale regionally, with Saudi Arabia as a key target.

Tamkeen initiative to ready SMEs for public tenders

The initiative represents a major step in empowering the private sector and enhancing SME readiness.

CAA hosts ICAO air navigation planning workshop

The workshop aims to support Oman’s efforts to develop and update its National Air Navigation Plan in line with global and regional frameworks.

Nama Water operates 1.41m m³/day capacity

The 1.41 million m³/day capacity is supported by 61 desalination plants, alongside 115 pumping stations, 922 reservoirs and tanks, 475 tanker filling stations and 865 wells.

ILO Director-General commends GFOW’s efforts

GFOW board members meeting with the ILO Director General on Tuesday.

Oman maps future power mix for AI economy

The event examined how Oman can meet future power needs through a balanced mix of nuclear energy, renewables, advanced grids and energy storage.
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