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Wednesday, November 12, 2025 | Jumada al-ula 20, 1447 H
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Economy

Know countries with the highest Real GDP per capita

Recent forecasts from the International Monetary Fund (IMF) project global growth to slow to 3.1% in 2026. Advanced economies are expected to expand by around 1.5%, while emerging markets are anticipated to grow just...

Liechtenstein

Oman, Saudi fast-track industrial integration

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Oman’s economy grows 2.5% in Q1

Preliminary figures from the NCSI attribute this growth to a 4.4 per cent increase in the value added by non-oil activities.

Transforming Oman’s business landscape

At the centre of this transformation is the "Oman Business" platform, offering a comprehensive suite of digital services.

40th edition of Duqm Economist launched

The magazine opens with full coverage of the landmark agreement to develop and operate the first phase of the Al-Rawda Special Economic Zone.

New strategy to boost pharma investments

Locally manufactured pharmaceuticals accounted for just 4.6% of total medicine purchases in 2023.

Chip design software firms climb as US lifts curbs on China exports

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

Oman’s roads add 37,300 vehicles over 12 months

Private cars numbered around 1.42 million units, making up 80 per cent of all registered vehicles.

Eurozone services sector returned to modest growth in June, PMI shows

People spend time at a restaurant in Plaza Mayor in Madrid, Spain. — Reuters

US lifts curbs for chip design software due to trade war truce with China

Semiconductor chips are seen on a circuit board of a computer. — Reuters

Value of wheat output tops RO 3 million in 2024-2025 season

Dhofar contributed 76 per cent of Oman’s total wheat production this year, yielding 7,723 tonnes.

Oman, Belarus ink deals to boost industrial and digital cooperation

The MoUs are aimed at strengthening cooperation and facilitating technology transfer in the automotive and smart technology sectors.

Mattress manufacturing plant in SOHAR Freezone

The project also advances integration into global supply chains, with the potential to localise sourcing and strengthen regional value chains in the long term.

Asyad Shipping’s training initiative strengthens Oman's status in global trade

Asyad Shipping has trained 230 Omani nationals to work on commercial vessels under a first-of-its-kind initiative launched in 2023.

Oman celebrates International Seafarers

MoTCIT celebrated the International Day of the Seafarer under the auspices of Dr Said bin Mohammed al Saqri, Minister of Economy.

Oman unveils Advanced Air Mobility Sandbox

Officials representing the Ministry, CAA, GUAMobility and other stakeholders at the Paris event. (Picture credit: GUAMobility)
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