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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

Oman’s 44.01 eyes global carbon storage growth

Talal Hasan, CEO and Co-founder of 44.01, speaks during the EO forum on The Energy Transition.

Omani startup bets on reusable rocket engine

“We build what gets humanity to space, starting with the core,” says Mohammed al Alawi, founder and CEO of RE&T.

Oman remittances reach $9.5bn as GCC outflows hit record $161bn

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CAA signs agreements to expand aviation services

The forum focused on investment opportunities for land development and commercial and logistics activities around Muscat, Salalah, and Sohar airports

Omani products expand global reach

Non-oil exports totalled approximately RO 1.6 billion in the first quarter of 2026.

Oman tests global investor appetite for funding net-zero transition

Dr Muhannad al Kalbani, VP CoE - Oman Net Zero Centre.

Oman trade surplus widens to RO 5.5 billion

Merchandise exports rose 17.8 per cent to approximately RO 15.9 billion.

OETC appoints new Chief Executive Officer

Eng Zahir Mohammed al Busaidi, OET CEO

Asyad Drydock completes 130 projects by August

The Asyad Group subsidiary completed 119 vessel repair and maintenance projects and 11 industrial projects.

Oman GDP grows 5.1% in second quarter

Gross domestic product at constant prices reached approximately RO 9.9 billion.

Chinese firm rolls out e-bikes, swappable batteries in Oman

Guangzhou-headquartered TYCORUN announced recently that the latest batch of its Oman project had entered production and delivery.

France eyes rocket launch from Al Duqm

Guests are seen at the opening of the Oman Space Conference 2026.

Oman launches capital market awards

The awards aim to recognise institutional achievements and their contribution to the market, investors and the national economy, alongside traditional performance indicators.

Oman’s Fawtara timeline offers more than compliance

Taxable persons with annual supplies above RO 5 million will come under the first mandatory phase from April 1, 2027

Oman’s real GDP grows 5.1% in second quarter

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