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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

New pharma plant opens in Nizwa, boosting Oman’s drug security

The facility was officially opened on Wednesday under the auspices of Sultan bin Salim al Habsi, Minister of Finance, in the presence of Dr Hilal bin Ali al Sabti, Minister of Health, alongside senior officials and stakeholders.

Aluminium recycling push gains momentum in Oman

The symposium highlighted the need for coordinated action to improve collection, processing and reuse of aluminium scrap.

PetroTel Energy poised to commercialise upstream discoveries in Oman

US-based PetroTel currently operates Blocks 17, 39 and 67 in Oman.

Oman, Thailand explore joint tourism initiatives

The meeting centred on strengthening bilateral ties in the tourism sector and facilitating the exchange of expertise in promotion and development strategies.

Oman crude climbs to $99.26 amidst geopolitical tensions

The average monthly price of Omani crude for April delivery stood at $68.15 per barrel.

Omani startup secures $10 million to drive regional expansion

The funding underscores rising investor confidence in Oman’s emerging technology ecosystem.

Oman's crude prices up $7.25 on Wednesday

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Oil, stocks fall as traders weigh outlook

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Trump seeks suitors for Spirit, opposes United merger

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Investment portfolio unveiled for food security projects

The investment opportunities are distributed across Oman’s agriculture, aquaculture and related industries.

OIA launches Furas digital platform

The platform, launched under the auspices of Dr Khamis bin Saif al Jabri, Minister of Economy, offers businesses a clearer forward view of procurement demand across a range of sectors.

Asyad acquires Ligentia to expand global footprint

The acquisition effectively doubles Asyad’s capacity to deliver end-to-end, multimodal logistics solutions across global value chains.

Energy Development Oman posts revenue of $14.77 billion in 2025

EDO holds the government’s upstream oil and gas interests, including its stake in Petroleum Development Oman.

Oman showcases products at Asia food expo

The exhibition offers a strategic platform to promote Omani products and establish direct linkages with international buyers and suppliers.

Asyad Group acquires Ligentia logistics provider

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