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Wednesday, June 24, 2026 | Muharram 8, 1448 H
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Economy

Duqm Port gains strategic importance in global trade routes: CEO

MUSCAT, JUNE 23 At a time when the global trade landscape is rapidly evolving and the need for secure, flexible logistics corridors is becoming increasingly critical, the Port of Duqm is emerging as one of the most...

Port of Duqm occupies a specialised niche within the wider GCC logistics ecosystem.

Oman’s AI race moves from appsto infrastructure

Otech is expanding its cloud, data centre, cybersecurity and AI computing capabilities.

Oman advances water, circular economy agenda

Oman has significant potential to become a regional benchmark in sustainable water and environmental management.

OIA profit hits record RO 2.9 billion in 2025

OIA outlined its financial performance, investment expansion and economic contributions for 2025.

Iran War: Global firms face $25 billion bill, for now

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First-of-its-kind Oman wave energy study set to be unveiled

Coastal waters off North Oman possess a stable low-to-moderate wave resource: Study. (Picture for illustration only)

Pact to advance sustainable fuels

High-level executives representing HutanBio and Utopia World Investment (UWI) at the MoU signing recently.

NCSI launches AI opinion survey in Oman

The survey, which runs until May 28, targets Omani citizens aged 18 and above.

Raysut port upgrade boosts fisheries investment

The project forms part of the ministry’s broader strategy to enhance the operational efficiency of fishing ports.

Oman Investment Authority to unveil 2025 results on Monday

The presentation is expected to outline progress in asset development, return optimisation and financial sustainability efforts in line with the objectives of Oman Vision 2040.

Gold climbs on geopolitical uncertainty

Gold prices currently show a slight downward bias, which could provide a buying opportunity for investors looking to enter the market. ـــReuters

India considers bond tax relief for foreigners

The 10-year benchmark bond yield declined ⁠2 bps to 7.03% after Bloomberg's report.

India bars sugar exports until September

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ICAI Muscat Chapter holds AGM, names new managing committee

ICAI Muscat Chapter Holds AGM, Appoints New Managing Committee

3 new mining blocks, 3 projects to be offered for investment in 2026

In 2025, four concession areas were offered for investment, with bids currently under evaluation, alongside 28 active concession areas operated by 13 companies.

Asyad Shipping Q1 profit jumps 41% to RO 16.1 million

Asyad Shipping maintained a utilisation rate of 99.7 per cent across its fleet during the quarter.
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