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Monday, May 25, 2026 | Dhu al-hijjah 7, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Business

Oil markets stay tight

A drone view shows oil storage tanks at a depot at Tsing Yi port in Hong Kong. REUTERS

Asia chipmakers become new centre of AI rally

DEEPX's DX-M1 AI chip on display at the 2025 Korea Tech Festival in Seoul. REUTERS

Shell profit jumps as Mideast war fuels oil prices

The price per litre of unleaded petrol and diesel fuels is pictured outside a Shell petrol station in Birkenhead, north-west England. British energy giant Shell announced on May 7, 2026 a 19-percent increase in net profits for the first quarter as the Middle East war sent oil and gas prices soaring in volatile trading. AFP

Global Stocks Scale Records as Oil Retreats

A pedestrian stands in front of a stock quotation board showing the Nikkei share average outside a brokerage in Tokyo. REUTERS

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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Oman labour market expands as jobseeker rate declines

Total employment increased by 1.5 per cent to about 2.7 million workers.

Aquaculture enhances investment appeal within blue economy trends

Aquaculture forms a cornerstone of Oman’s broader blue economy strategy.

OQ advances studies on slate of major Oman projects

OQ’s new portfolio of investments will have transformational benefits for the Omani economy.

Al Mouj, Aurelian sign deal for premium marina project

The project will feature 176 premium apartments with a total built-up area of around 39,000 square metres.

Oman, UAE strengthen cooperation in economic zones

The meetings reflect growing economic cooperation between Oman and the UAE.

New hotel opening expands Muscat tourism landscape

The opening ceremony was held under the auspices of Azzan bin Qasim al Busaidy, Under-Secretary of the Ministry of Heritage and Tourism for Tourism.

OIA invests in Neuralink healthcare technology

The investment reflects OIA’s broader efforts to diversify its international portfolio.

CMA CGM confirms a vessel attacked in Hormuz

A Gambia-flagged tanker vessel anchored in the Strait of Hormuz off Bandar Abbas in southern Iran.

Oman signs deal for first advanced mining lab

The agreement sets out a phased plan to develop a state-of-the-art laboratory equipped with advanced analytical technologies.
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