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Monday, December 09, 2024 | Jumada al-akhirah 7, 1446 H
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Economy

Oman’s trade surplus hits RO 6 billion

MUSCAT: Oman’s trade balance recorded a surplus of RO 6.063 billion by September 2024, marking a rise from RO 5.611 billion during the same period in 2023, according to preliminary data from the National Centre for...

The value of commodity exports surged by 10% to RO 18.241 billion, driven mainly by oil and gas exports.

Abraj leads way in ICV and sustainability initiatives in Oman

Abraj's advanced fleet exemplifies its commitment to excellence.

Asyad Group revenues reach RO 465 million in 2023

Asyad Dry Dock achieved a 4 per cent growth in its business volume compared to 2022.

Oman witnesses 0.7 pc increase in inflation

Food prices were stable during the period under review.

Oman to roll out new policy on recycling, waste management

The new policy framework is designed to spur waste recycling in Oman.

Crackdown on hidden trade to enhance business environment

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Salalah Free Zone attracts 13 new projects in H1 2024

The 'Made in Salalah Free Zone' featured a diverse array of products and services offered by companies operating at the free zone.

Oman to unveil hybrid-electric VTOL aircraft for aerial logistics

Odys Aviation - Mwasalat

Oman urges swift action on SDGs at Arab Forum

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UK pay growth slows but remains high for BoE

A view of the Bank of England in London, Britain. — Reuters

Investments in Al Buraimi Industrial City reach over RO 19m

By mid-2024, the city hosted 362 investments and 115 third-party projects (subcontracts), totaling 477 projects.

Rahhab Shaleem Farm and Hallaniyat Islands contribute to enhancing food security in Oman

The farm aims to revolutionise the palm sector by integrating cutting-edge technologies and scientific advancements in agriculture.

OFM opens registration for procurement of local wheat crop

Around 10,000 metric tonnes of local Omani wheat were procured by OFM during the last crop season.

GCC-Mexico trade exchange surges by 25%

Exports from the GCC to Mexico amounted to around $1 billion in 2022.

‘E-commerce can create jobs and attract investments in Oman’

SMEs, which constitute a major part of Oman’s economy, can transition to e-commerce, offering substantial employment opportunities.

Oman to host first EV-centric summit next year

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