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Friday, September 11, 2026 | Rabi' al-awwal 28, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Oman back in deficit, beats budget target: CBO

MUSCAT, SEPTEMBER 9 MUSCAT: Oman recorded a fiscal deficit of RO 461 million in 2025, its first shortfall in four years, as a fall in oil prices dragged hydrocarbon receipts down by 8.6 per cent. The gap nonetheless...

The outcome ends three consecutive years of surplus, which reached RO 1.14 billion in 2022 before narrowing to RO 540 million in 2024.

Unified government services portal draws 285,000 users in first year

The platform was developed to streamline access to public services through a single digital gateway.

IEA to recommend record release of strategic oil stocks

3D-printed oil pump jack and barrels in front of a rising stock graph appear in this illustration. — Reuters

Digital economy contributes RO 800m to Oman’s GDP

The programme aims to accelerate digital transformation across the economy and supports eight strategic area.

Oman strengthens role as trade gateway in GCC

The authorities highlighted a range of streamlined procedures aimed at enhancing trade flows and strengthening supply chain efficiency across the region.

Real estate transactions in Oman jump 27%

The value of property sales contracts climbed 37.5 per cent to RO 109.9 million, compared to RO 79.9 million a year earlier.

Economic, free zones offer stable investment climate in Oman

OPAZ remains committed to maintaining a safe and reliable investment environment for local and international investors.

Oman’s electricity output up 14.6% in January

Net electricity production also recorded solid growth.

11th Plan to raise private sector's GDP contribution to 56%

Oman Vision 2040 seeks to transform the national economy from total dependence on oil to a diversified and sustainable economic model.

Omani ports pitched as alternative hubs amidst Hormuz crisis

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Oman and India strengthen economic ties at CEPA seminar

A high-level delegation from Oman participated in the forum.

Global stagflation is almost inevitable amid escalating crisis: Analyst

WANG Zhao

Quarantine project to boost Oman’s biosecurity

Modern Animal Quarantine Centres will be established at Raysut (Salalah), Al Suwaiq and Al Buraimi.

Aquaculture output to reach 9,240 tonnes

The total value of production is expected to exceed RO 20.3 million, reflecting a 63.7 per cent rise year-on-year.

Domestic demand, foreign interest support Oman hospitality outlook

Omar Emteir, investor and chief executive of Roushan Resort.

APSR issues risk management rules for utilities

Under the new rules, licensees must establish comprehensive risk management.
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