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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.

Duqm attracts investments worth RO 2.9 bn

Qais bin Mohammed al Yousef, Chairman of OPAZ, (right in the picture) said the agreements reflect the confidence of local and international investors in Oman’s investment environment and in Duqm’s infrastructure, strategic location and role in regional and global supply chains.

Investment court boosts investor confidence

The specialised court forms part of Oman’s broader efforts to improve its business climate and attract domestic and foreign investment.

OCCI and the value of membership

In 2025, the Chamber announced 14 strategic initiatives.

Investors invited to prequalify for RO membrane manufacturing project

RO membranes are the core component of modern desalination plants.

Digital payments symposium highlights efficiency and security

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Oman launches Kafa’a for industrial transformation

The initiative aims to advance the industrial sector, preparing it for smart manufacturing and the Fourth Industrial Revolution.

IMF mission reviews Oman’s economy

Discussions will focus on recent economic performance, the outlook for growth, financial sector developments and the broader macroeconomic environment.

Oman Minerals Trading gears up for launch

The state-owned commercial entity will specialise in the marketing and export of gypsum and chromite ores.

Future Fund Oman to unveil RO 570 million projects

The package will comprise seven projects and direct investments spanning a number of priority sectors.

Global SWF lauds OIA model

OIA enhances Oman’s SOE profitability: Global SWF

OIA has become an integral component of Oman’s sustainable economic and political stability.

Oman advances sustainable aviation agenda

Environmental sustainability has become a central pillar of the aviation sector’s development strategy.

Track installation commences on Hafeet Rail project

With the commencement of track installation work, the Hafeet Rail project has now transitioned from excavation and civil construction to the rail infrastructure construction phase.

India seeks Venezuelan oil

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SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

The SpaceX Starship and Super Heavy Booster lifts off on its 12th test fligh. REUTERS
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