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Monday, October 26, 2026 | Jumada al-ula 14, 1448 H
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OMAN
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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

Contract awarded for 8.7km road network in Duqm fisheries zone

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Saudi attacks could have negative spillover 'everywhere': IMF

IMF Managing Director Kristalina Georgieva

Omran signs RO 122m Muscat developments deals

The agreements cover two residential projects at Madinat Al Irfan valued at RO 44.5 million and a RO 78 million development at Yiti that will include a five-star resort and 490 residential units.

Oman power demand set to reach 12,000 MW by 2031

Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals, said demand was growing at about 7 per cent a year, roughly twice the pace of the wider economy.

Major asset manager prepares to invest in Oman

The conference, hosted by MSX, brought together exchange executives, investment institutions and market specialists to examine connectivity, technology and investor participation.

Oman targets investment in AI and digital services

The Leaders’ AXIS 2026 conference provided a platform for Omani stakeholders to present market opportunities and investment priorities to international participants.

Muscat Municipality signs deal for unified municipal platform

The agreement was signed by Ahmed bin Saeed al Ameri, Chairman of Muscat Municipality, and Talib bin Hamoud al Rashidi, Acting Chief Executive Officer of Ithca Group

Oman to maintain 2.4% growth this year: IMF

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War will widen gap between rich and poor countries: IMF

President of the World Bank Group Ajay Banga

IMF cuts Middle East growth outlook due to disruptions

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Stone laid for RO 5.7 million tourism project in Masirah

An integrated tourism and commercial investment project.

Energy forum focuses on grid resilience

The three-day event features more than 80 expert speakers and industry leaders.

Oman’s OQ Trading delivers first diesel cargo to Botswana

The shipment arrived at the Port of Matola in Mozambique, opening an alternative supply route for landlocked Botswana.

GDP grows 5.1% in Q2, led by oil sector

2 65 5

Oman grid plan covers 7.23 GW green portfolio

Ahmed Sulaiyem al Omairi, Senior System Studies Engineer at OETC, during IEEE PowerTalks 2026 in Muscat.
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