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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

UER eyes $3.5 bn Venezuela Oil development

MUSCAT: United Engineering Hydrocarbon Technology LLC (UER), an Oman-based specialist in heavy and extra-heavy crude oil treatment and upgrading, is exploring new international business opportunities following a...

Representatives of Pacific Coast Energy Company (PCEC) and Switzerland-based I-Capital AG during their Muscat visit

Credit Oman holds workshop for plastics exporters to US

Participating companies were introduced to credit insurance services provided by Credit Oman.

RO 300 million “Musstir Heights” unveiled at Al Jabal Al Aali

The unveiling coincides with Musstir’s participation in the Oman Real Estate Expo & Conference 2026

Al Suwadi, Al Batinah Power study merger

Both companies said the proposed merger is still at an early stage and remains subject to multiple approvals and assessments.

Oman joins Global Stocktake of National Circular Economy Roadmaps

Dr Aisha al Sarihi, Economist at the Ministry of Economy

OIA expands strategic investments in Türkiye

The agreements involve SAMAS Mining, a producer of sodium bentonite and Tekatron, which specialises in remotely operated unmanned ground military systems.

Competition laws boost investor confidence in Oman

The introduction of the Competition Protection and Anti-Monopoly Law in 2014 marked a major step in regulating market practices.

Digital payments in Oman surge to RO 3.2 billion

Point-of-sale transactions also recorded robust performance, with the total value of payments through POS devices exceeding RO 7.5 billion in 2025.

Duqm Refinery posts EBITDA of RO 106 million in 2025

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Oman eyes halal export growth in Russia

A number of Omani companies seeking to expand into the Russian market and other Islamic economy markets are expected to participate.

Brent holds near $100 as Gulf tensions rise

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American in New York City. — Reuters

Geo-Adventure Park, Wellness Retreat planned at Oman Botanic Garden

The Wellness Retreat Centre will also feature luxury eco-lodges

Toyota expects $4.3 bn hit from effects of war

A Toyota logo is seen on the side of a store in Tokyo

Hooked on your phone? Here’s how to break free

World Bank: Oman well positioned against regional shocks

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World Bank sees stronger Oman economy on fiscal, non-oil gains

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