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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 rises as Hormuz disruption fears persist

A general view of the PCK refinery, a crude oil processing facility supplying gasoline, jet fuel, diesel and fuel oil,in Germany. REUTERS

Travelers profit jumps

Travelers logo is seen in this illustration. Reuters

Al Buraimi wheat harvest gathers pace: official data

The total cultivated area reached around 169 acres, with output projected to exceed 220 tonnes by the end of the season.

OQEP acquires 35% stake in Oman’s Block 27

OQEP expects net additional production of around 3.5 thousand barrels of oil equivalent per day (kboepd) in 2026 from its newly acquired stake.

BlueFive leasing appoints key Omani executives

Aimen al Hosni, Chairman of BlueFive Leasing.

AeroVecto advances vertipad testing for Oman’s AAM push

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Dollar nears 6-week lows as Iran talks erase war premium

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Stocks rally, oil falls further over peace hopes

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The battle over refreshers heats up

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War will slow global economic growth: IMF

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Luxury brands hurt as war takes toll on airport shopping

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Oil price dip masks looming supply issues

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Oman plans MRO hub with Indonesia tie-up

Plans for a dedicated “MRO City” at Muscat International Airport are also under discussion, reinforcing the long-term vision.

Oman taps Africa’s supply chains with Botswana energy, mining deals

A 500 MW solar power project, integrated with a battery energy storage system, is among a number of initiatives signed by the two countries this week.

Aviation strategy underpins Oman’s economic growth

Oman is implementing ambitious plans to develop its aviation sector through a comprehensive 15-year national strategy.
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