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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

Meranti eyes downstream steel investments beyond Duqm HBI project

‘We do see strong potential for a second phase’: Meranti CEO

SalamAir reports profitability (EBITDA) of RO6.6 million for 2025

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Oman Air achieves profitability (EBITDA) for the first time in 15 years

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Amsterdam, Beijing are among the destinations launched in 2025

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Oil prices surge above $100 after talks fail

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Oman opens five new energy blocks

The blocks — numbered 12, 16, 55, 42 and 45 — span a wide geographical area and are understood to hold promising geological potential.

Construction work on Oman’s JBB wind IPP to start in Q3

Consortium of experienced Chinese engineering firms to undertake project execution.

SEZAD investments reach RO 6.394 billion in 2025

SEZAD’s investment landscape remains diversified, with 360 commercial and 65 industrial projects underpinning its growth.

Omani company among top in global food safety audit

The recognition is a testament to the national workforce.

OQ posts RO 641 million profit in 2025

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 23 per cent to RO 1.348 billion.

Oman, German export credit agencies explore cooperation

The strategic engagement aims to strengthen bilateral trade relations between Oman and Germany

Jet fuel beats 2026 forecast of $88 per barrel to all-time high

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Saudi Arabia restores full capacity on East-West oil pipeline

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War piles economic pain onto Europe’s political stress

(FILES) A man fills in the tank of his truck at a gas station on March 16, 2022 in Savenay, western France. The increase in fuel prices due to the situation in the Middle East has led to a surge in fuel theft from truckers’ tanks. (Photo by Loic VENANCE / AFP)

Oman economy shows resilience amidst global risks

The IMF revised its global growth forecast upwards to 3.3 per cent in January 2026, compared to 3.1 per cent projected in October 2025.
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