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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.

Al Najd Agricultural City to host 13,000 residents

The agricultural city is planned in layers, with clusters of rectangular farms of varying sizes radiating outward from a compact central town.

Oman, US executives discuss regional supply chains

The discussion highlights Oman's growing role in global trade networks.

IGC signs Spot Gas Market pacts to spur Oman’s industry

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Dollar heads for strong monthly gain ahead of U.S. inflation data

Currency markets react as dollar hits 13-month peak

Asian markets rise on AI optimism boost

AI optimism lifts Asian Markets as chip stocks surge

Inspire Oman, new initiative to boost investment scenario launched

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Concession pact for Block 80 signed

The agreement was signed by Eng Salim bin Nasser al Aufi, Mahmoud bin Salim al Hashmi, and Cagri Sirin.

Oman launches RO 5m community solar programme

The programme will support the development of community solar projects with a combined generation capacity of around 20 megawatts.

Oman and Sudan boost ports ties

The two sides discussed opportunities to expand cooperation in transport, ports and logistics services.

‘Inspire Oman’ initiative to showcase success stories, attract investment

Representatives of OCCI and Mefriend at the press briefing.

Duqm Port gains strategic importance in global trade routes: CEO

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

Oman clears over RO 1.7 billion in payments to private sector

Oman has been working to strengthen public financial management and reduce payment cycles.

Oman awards RO 73.4 million in development works

The largest package, valued at RO 15.6 million, covers the completion of remaining works on the Sultan Turki bin Said road.

Transport, storage sector adds RO 2.3 billion to economy

Commercial ports handled more than 143 million tonnes of cargo during the year.

Conference showcases supply chain solutions

The conference aims to raise institutional awareness of the importance of building effective risk management systems and enhancing business continuity.
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