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Wednesday, June 24, 2026 | Muharram 8, 1448 H
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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.

Global stagflation is almost inevitable amid escalating crisis: Analyst

WANG Zhao

Quarantine project to boost Oman’s biosecurity

Modern Animal Quarantine Centres will be established at Raysut (Salalah), Al Suwaiq and Al Buraimi.

Aquaculture output to reach 9,240 tonnes

The total value of production is expected to exceed RO 20.3 million, reflecting a 63.7 per cent rise year-on-year.

Domestic demand, foreign interest support Oman hospitality outlook

Omar Emteir, investor and chief executive of Roushan Resort.

APSR issues risk management rules for utilities

Under the new rules, licensees must establish comprehensive risk management.

Oman, Rostock University sign MoU on circular economy

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Iran crisis could disrupt supply of key chipmaking materials, South Korea warns

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Global economy is facing the prospect of another shock

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Oman produces 240 tonnes of sulfur daily

The output ensures steady industrial supply while improving sour gas management in Oman.

Private sector to shape 11th Five-Year Plan priorities

The event seeks to broaden dialogue on economic development targets and reinforce private sector readiness in line with Oman Vision 2040.

ME firms explore expanded cooperation with Russia

The St Petersburg International Economic Forum will be held during June 3–6

Netflix walks away from Warner Bros bid, clearing path for Paramount

Paramount and Netflix logos are seen in this illustration.

UK aerospace start-up boosts Oman presence

Visual depicting ART’s Horus 4 reusable rocket prototype

Rare earth shortages worsen in US aerospace, chips despite truce

Semiconductor chips are seen on a printed circuit board in this illustration picture. REUTERS

Gold rises slightly; dollar eases

A gold bar is cooled in water after being molded at the Austrian Gold and Silver Refinery (Oegussa) in Vienna, Austria, on February 3, 2026. European and Asian stock markets struggled for direction February 4, 2026 following a tech-fuelled sell-off on Wall Street, while precious metals recovered further. - Austria OUT (Photo by GEORG HOCHMUTH / APA / AFP)
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