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Thursday, June 19, 2025 | Dhu al-hijjah 22, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Freehold ownership to drive SEZ investment

MUSCAT, JUNE 18The opportunity for foreigners to own residential property on a freehold basis in Oman’s Special Economic Zones (SEZs) and Free Zones is expected to significantly enhance the investment appeal of the...

Under the new law, developers may sell residential units within these projects to non-Omanis on a freehold basis. (Picture for illustration)

Development Bank finances 1,318 projects

The initiative aligns with the government's push for economic diversification, self-sufficiency, and increased local manufacturing capacity.

CEO TALK: Driven by a passion to deliver value to customers

Shadli Thabit Zahran al Abdul Salam, CEO of Friendi Mobile Oman

Oman-India economic ties strengthened through investment dialogue

Led by Eng Ahmed bin Hassan al Dheeb, Deputy Chairman of OPAZ, the delegation engaged with key Indian industries and institutions to foster bilateral trade and knowledge exchange.

First batch of Omani EV brand Mays cars set for distribution

Haider Adnan al Zaabi, founder of Mays Motors, announcing the imminent launch of the first batch of EV cars.

OCCI workshop underscores drive to improve business environment

The weeklong workshop seeks to highlight the Chamber’s ongoing efforts to enhance the business environment and drive economic growth.

Oman’s industrial growth: FDI surges by 51.9%

MoCIIP has reported significant growth in Oman’s industrial sector, with foreign direct investment (FDI) in manufacturing reaching RO 2.13 billion by the end of Q3 2024.

Masirah Island power link to boost investment, grid capacity

Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. Picture courtesy: OETC

Europe could be a big loser in US-China trade war, ECB warns

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US Postal Service halts parcel service from China

The United State Postal Service

Trump's trade war salvo jolts markets

Traders work on the floor of the New York Stock Exchange (

Trump’s tariffs could hurt carmakers

Chevy and GMC pickup trucks at the General Motors facility in Silao, Mexico, on Jan. 25, 2022. (Luis Antonio Rojas/The New York Times)

To Trump, tariffs are not a means but an end

President Donald Trump signs executive orders in the Oval Office of the White House in Washington on Monday, Jan. 20, 2025.

Oman’s trade surplus exceeds RO 7 billion by November 2024

The total value of commodity exports rose to RO 22.23 billion, marking a 7.7% growth compared to RO 20.64 billion in November 2023.

India cuts income tax to boost consumption

India's Finance Minister Nirmala Sitharaman

Oman-UK collaboration to manufacture treatments for genetic diseases

Representatives of Bravo Pharma and National Pharmaceutical Industries (Oman) at the MoU signing ceremony
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