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Sunday, June 22, 2025 | Dhu al-hijjah 25, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Oman courts global investors at Russia forum

BUSINESS REPORTERST PETERSBURG, JUNE 21The Sultanate of Oman, represented by the Ministry of Commerce, Industry and Investment Promotion, concluded its participation in the 28th St. Petersburg International Economic...

Trade and economic cooperation between Oman and Russia continues to deepen.

$150m investment to boost Oman’s EV and battery sector

ELB&T plans to set up a manufacturing facility in Duqm dedicated to EV production, Lithium Iron Phosphate battery assembly, and Energy Storage Systems.

Al Suwaiq Industrial City to target food related investments

Hamood Al Balushi, Assistant Director General of Al Suwaiq Industrial City.

OCCI discusses industry competitiveness

The committee emphasised the need for more flexible policies, investment incentives and the adoption of modern technology.

Turning dreams into goals: The key to success

Anwar Hamood al Rashdi, CEO of United Boats

GCC foreign reserves reach $804.1 billion

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126 engineers graduate from ‘Emkan 2’ programme

The Emkan 2 Programme is designed to boost the Omani government’s Project Management capabilities.

Saudi king approves riyal symbol

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Oman bets on financial sustainability, economic diversification

Leading financial and economic experts participated in Al Royal Economic Forum

Omani spaceport Etlaq announces 5 rocket launches in 2025

Omani spaceport Etlaq announces 5 rocket launches in 2025

$1bn invested in eco-friendly vessels: Asyad Shipping

Asyad Shipping’s Sohar Max ore carrier retrofitted with wind harnessing Anemoi rotor sails.

Oman’s real GDP grows by 1.9%

The report attributes this growth primarily to a 3.6% expansion in non-oil activities, underscoring the country’s ongoing efforts to diversify its economic base beyond hydrocarbons.

Investment, new block buoy Oman Chromite’s growth

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Karwa Motors contributes RO 2.5m to local purchases

In 2024 alone, Karwa Motors awarded business contracts worth more than RO 1.1 million to 93 small, medium, and local enterprises.

The Agricultural and Fisheries Development Fund: Strengthening food security

Hanan al Sulaimi The author is Executive Director - Agricultural and Fisheries Development Fund

Trump says auto tariffs to come 'around April 2'

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