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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.

Oman gears up to push Central Bank Digital Currency plans

A CBDC is a digital form of sovereign currency issued and backed directly by a country’s central bank, carrying the same legal status and value as physical cash.

Housing ministry offers 375 investment opportunities via Tatweer

Haban bin Mohammed al Balushi, Director-General of Lands at the Ministry of Housing and Urban Planning

Global fertiliser trade down 30% this year amid Mideast war: UN

A local farmer is sprinkling organic biofertiliser in a field near the Indian state of Uttar Pradesh's Tappal town. — AFP

Oman mining offers investment opportunities

Offering new concession areas is an indicator of the growing confidence of investors in the Omani market: MEM

CBO waives digital transfer fees for individuals, SMEs

Move marks important milestone in efforts to make digital payments the preferred method for financial transactions in Oman.

OMIFCO outlines plan to diversify product portfolio

Under its product diversification programme, OMIFCO is assessing the potential to expand its portfolio into a wide range of downstream and speciality chemicals (Picture for illustration).

IMF commends resilience of Oman’s economy and reform momentum

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Private vehicle inspection station launched in Oman

The Tajdeed brand is the product of a strategic partnership between Al Maha Petroleum Products Marketing Company and the Royal Oman Police.

Omani space tech startup wins FFO backing

The Omani startup believes that mastering liquid hydrogen systems unlocks broader applications across cryogenic propulsion technologies.

Oman real estate deals near RO 946 million

The total value of sales contracts reached RO 439.6 million across 22,272 transactions.

TRA seeks views on child social media rules

The initiative comes amid growing international efforts to regulate children's use of social media.

Oman, Sri Lanka explore economic zone partnerships

The meeting examined ways to improve the business environment and attract high-quality investments.

Duqm power plant secures $385 million EPC deal

Steam turbine manufactured by Doosan Enerbility.

Oman aviation gears up for Khareef flights

The CAA has completed preparations for the 2026 Khareef season through a coordinated operational plan with airlines and aviation stakeholders.

Salalah Airport retains five-star status

A series of upgrades introduced over the past year helped secure the rating.
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