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Tuesday, June 09, 2026 | Dhu al-hijjah 22, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Duqm attracts investments worth RO 2.9 bn

Al Duqm, June 8 The Special Economic Zone at Duqm (SEZD) has secured RO 2.9 billion ($7.5 billion) in new investments across energy, industry, battery materials, chemicals, tourism and housing, marking one of the largest...

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.

Hospitality expansion drives Oman’s hotel revenue growth to RO 193 million

By the end of September, Oman had 36,300 hotel rooms in operation, with another 1,000 set for completion in Q4 2025.

Al Duqm emerges as Oman’s launchpad for Petrochemicals 2.0

The podcast, hosted by Talal al Shahri, brought together Mohammed al Hashmi (OQ8), Khalid al Qassabi — MoCIIP and Dr Idris al Siyabi (PDO).

Credit Oman insured sales reach RO 264.7 million by Q3

The industrial portfolio supported by Credit Oman spans a wide range of products.

Govt offers incentives to create joint-stock firms

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Study maps job potential of Oman’s clean economy

The report, titled ‘Building Workforce Readiness: The Oman Clean Energy Labour Outlook’ was commissioned by the Oman Energy Association (OPAL)

Oman–India CEPA reduces friction, improves policy clarity: Economist

CEPA provides a clearer, rules-based structure for trade, services and investment: Azza Al Habsi

Oman launches several AI pilot projects across several key sectors

The Sultanate of Oman is advancing the use of artificial intelligence through pilot projects designed to improve efficiency, accuracy and service delivery across government sectors.

S&P 500, Dow hit all-time closing highs

Gold pulled back slightly after breaching $4,500 per ounce, with spot gold at $4,480.23 and US futures at $4,483.40.— Reuters

Nvidia licenses Groq tech, hires executives

The deal follows a growing trend among major tech firms of acquiring technology and talent without fully buying the target companies.— Reuters

EU expands emissions compensation

The new guidelines should prevent "carbon leakage," which occurs when companies relocate production to countries outside the EU — Reuters

OCCI forum hosts CEOs of Omani tech, telecom startups

‘The digital economy has become a fundamental pillar for diversifying sources of income and enhancing the competitiveness of the private sector’: OCCI Board Chairman

Asyad Express strengthens last-mile delivery leadership

Asyad Express provides a wide range of value-added solutions designed to support business growth.

Oman, Egypt explore zone cooperation

The two sides reviewed investment opportunities across economic and free zones in both countries.

$50m investment to boost PET waste recycling

Representatives from Next Generation Recycling with officials of Salalah Free Zone at the agreement signing recently.

UK softens stance on farm tax after months of protests

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