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Wednesday, March 04, 2026 | Ramadan 14, 1447 H
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OMAN
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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Citizens, residents urged to report drone sightings
Day 5: Latest developments in the Middle East war
Sayyid Badr meets the ambassadors of EU countries
UK working with airlines to boost Oman evacuations
19,000 Middle East flights cancelled since Feb 28
Sayyid Badr renews call for immediate ceasefire
Iran targets the energy industry
Day 4: Markets tumble as energy supply is disrupted
HM receives two phone calls
India says developments in the Gulf cause 'great anxiety'
Economy

Global economy is facing the prospect of another shock

In the most hopeful scenario for the global economy, the latest war in the Middle East ends within a few weeks. The region continues to produce oil and gas. Shipping resumes in the Strait of Hormuz, preventing a shock to...

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AI emerges as key growth segment in Oman

A dedicated artificial intelligence zone to attract AI-focused institutions and startups from Oman, the Middle East and Africa.

11th Plan sets flexible growth blueprint in Oman

At the economic level, the plan prioritises sustainable diversification, innovation and fiscal discipline.

Social protection and jobs anchor 11th Plan in Oman

About RO 100 million is to be allocated annually to employment programmes during the plan period.

Trade surplus in Oman remains strong at RO 4.7 billion

The total value of recorded merchandise imports rose by 6.8 per cent to RO 14.669 billion.

Global Financial Centre to come up in Oman

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Governorate development spending hits RO 507m

Key initiatives included the paving of internal roads, the development of public parks, and the establishment of waterfronts.

‘Oman Celebrates’ campaign to stimulate local economy

The month long campaign aims to strengthen public–private sector partnerships, stimulate economic and commercial activity, and boost overall trade momentum across Oman

200km dedicated H2 pipeline planned in Al Duqm

Key Omani national utilities are leading the build-out of an integrated Common-Use Infrastructure (CUI) for the green hydrogen sector.

Dollar steady ahead of US jobs report

Sterling slipped 0.3% to $1.3456 but remained near a four-month high hit earlier in the week.— Reuters

UK house prices see weakest growth

Prices fell 0.6% month-on-month in December, following a 0.1% decline in November.— Reuters

Budget 2026 as Oman’s confidence barometer

An oil-price assumption of $60 a barrel provides an “adequate margin of safety”, protecting the baseline while preserving upside should prices surprise to the upside.

Oman advances heritage tourism with five flagship projects

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Muttrah Teleferik to welcome over 4 million visitors annually

Designed to offer a smooth and scenic experience, the system will operate 18 modern cable cars, each with a capacity of eight visitors.

Novel tech to unlock ultra-heavy oil reservoir

Illustration of Salamander’s electric heating solution.

Uptrend in Oman’s non-hydrocarbon revenues

Fiscal diversification remains a cornerstone of Oman’s economic sustainability strategy.
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