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    <title><![CDATA[https://www.omanobserver.om]]></title>
    <description><![CDATA[ RSS Feed : Business  ]]></description>
    <link>https://www.omanobserver.om</link>
            <item>
        <title><![CDATA[Tech selloff slows in Asia, oil hits five-month high]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198420/business/tech-selloff-slows-in-asia-oil-hits-five-month-high]]></link>
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        <description><![CDATA[A selloff in global tech shares lost some steam in Asia on Friday, after concerns over the enormous funding needs of AI hammered Wall Street and led to the biggest daily rally in T...]]></description>
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            <media:title>The German share price index DAX graph is pictured at the stock exchange in Frankfurt.</media:title>
            <media:text>The German share price index DAX graph is pictured at the stock exchange in Frankfurt.</media:text>
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                        <pubDate>Fri, 23 Oct 2026 18:14:03 +0400</pubDate>
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            <item>
        <title><![CDATA[12 copper-gold prospects identified in Oman’s Block 22B]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198419/business/12-copper-gold-prospects-identified-in-omans-block-22b]]></link>
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        <description><![CDATA[An international mining partnership exploring a large mineral concession in Oman has identified 12 prospective copper-gold areas, marking encouraging progress in efforts to unlock...]]></description>
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                        <pubDate>Fri, 23 Oct 2026 18:09:27 +0400</pubDate>
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        <title><![CDATA[Investors pile into Ambani’s Jio IPO as bids top 13 times]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198418/business/investors-pile-into-ambanis-jio-ipo-as-bids-top-13-times]]></link>
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        <description><![CDATA[NEW DELHI: Subscriptions for India's biggest stock listing ever surged further on the final day of bidding on Friday, as investors bet on Jio Platforms' $3.2 billion offering to ta...]]></description>
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            <media:title>Traffic moves past Jio advertisement boards ahead of the Jio Platforms IPO listing ceremony in Mumbai. </media:title>
            <media:text>Traffic moves past Jio advertisement boards ahead of the Jio Platforms IPO listing ceremony in Mumbai. </media:text>
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                        <pubDate>Fri, 23 Oct 2026 18:06:42 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[What Is PHP? Why Are Government and Business Websites Going Offline?]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198417/business/what-is-php-why-are-government-and-business-websites-going-offline]]></link>
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        <description><![CDATA[Governments and companies around the world are racing to patch their websites — or taking them offline until they can be fixed — after the discovery of major security flaws in PHP,...]]></description>
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                        <pubDate>Fri, 23 Oct 2026 17:59:56 +0400</pubDate>
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            <item>
        <title><![CDATA[RO 300m digital investment, 3,000 annual jobs targeted]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198393/business/economy/ro-300m-digital-investment-3000-annual-jobs-targeted]]></link>
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        <description><![CDATA[BUSINESS REPORTERMUSCAT, OCT 22Oman launched the second phase of its National Digital Economy Programme on Thursday, shifting the focus from government services to businesses and p...]]></description>
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                        <pubDate>Thu, 22 Oct 2026 19:25:54 +0400</pubDate>
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            <item>
        <title><![CDATA[Websites go dark as AI exposes critical security flaws]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198392/business/economy/websites-go-dark-as-ai-exposes-critical-security-flaws]]></link>
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        <description><![CDATA[WASHINGTON: Government agencies and companies around the world shut down websites as they raced to protect themselves from hacks after artificial intelligence uncovered critical fl...]]></description>
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            <media:title>LAN network cables plugged into a computer server, as cyber agencies warn that websites may be taken offline while PHP prepares a critical fix, in Berlin. — Reuters</media:title>
            <media:text>LAN network cables plugged into a computer server, as cyber agencies warn that websites may be taken offline while PHP prepares a critical fix, in Berlin. — Reuters</media:text>
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                        <pubDate>Thu, 22 Oct 2026 19:25:25 +0400</pubDate>
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            <item>
        <title><![CDATA[Masirah Oil begins delayed drilling campaign at Yumna field]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198391/business/energy/masirah-oil-begins-delayed-drilling-campaign-at-yumna-field]]></link>
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        <description><![CDATA[MUSCAT, OCT 21Masirah Oil Limited has begun work on the first well of its delayed drilling programme at the offshore Yumna oilfield in Oman’s Block 50, with production from the new...]]></description>
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            <media:title>A new offshore well is expected to start producing in November after drilling programme was pushed back from March 
</media:title>
            <media:text>A new offshore well is expected to start producing in November after drilling programme was pushed back from March 
</media:text>
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                        <pubDate>Thu, 22 Oct 2026 19:25:22 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Economic zones sharpen focus on local content]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198390/business/economy/economic-zones-sharpen-focus-on-local-content]]></link>
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        <description><![CDATA[MUSCAT, OCT 22 Oman is placing greater emphasis on local content, domestic value addition and the long-term economic contribution of investments in its special economic zones and f...]]></description>
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            <media:title>The regulations establish mechanisms for assessing the economic substance of proposed investments.

 </media:title>
            <media:text>The regulations establish mechanisms for assessing the economic substance of proposed investments.

 </media:text>
        </media:content>
                        <pubDate>Thu, 22 Oct 2026 19:25:18 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Global stocks fall as AI concerns grow]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198389/business/markets/global-stocks-fall-as-ai-concerns-grow]]></link>
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        <description><![CDATA[LONDON: Global stocks retreated on Thursday as optimism over technology earnings proved short-lived, overshadowed by concerns about the outlook for artificial intelligence (AI), wh...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/22/3554405.jpg"  />
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            <media:title>Former Paris Stock Exchange building</media:title>
            <media:text>Former Paris Stock Exchange building</media:text>
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                        <pubDate>Thu, 22 Oct 2026 19:25:16 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Gold extends losses amid rate concerns]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198388/business/economy/gold-extends-losses-amid-rate-concerns]]></link>
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        <description><![CDATA[Gold prices fell more than 1% on Thursday as rising oil prices fuelled inflation concerns and strengthened expectations that interest rates could remain elevated for longer.Spot go...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/22/3554273.jpg"  />
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            <media:title>Gold prices fell over 1% as inflation concerns reinforced expectations of higher interest rates.</media:title>
            <media:text>Gold prices fell over 1% as inflation concerns reinforced expectations of higher interest rates.</media:text>
        </media:content>
                        <pubDate>Thu, 22 Oct 2026 19:25:14 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman’s digital economy targets 3,000 jobs a year]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198224/business/economy/omans-digital-economy-targets-3000-jobs-a-year]]></link>
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        <description><![CDATA[Muscat: The Ministry of Transport, Communications and Information Technology (MoTCIT) launched on Thursday the second phase of its National Digital Economy Programme for 2026–2030....]]></description>
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            <media:title></media:title>
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                        <pubDate>Thu, 22 Oct 2026 07:59:34 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Websites go dark as AI exposes critical security flaws]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198223/business/markets/websites-go-dark-as-ai-exposes-critical-security-flaws]]></link>
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        <description><![CDATA[Washington, United States: Government agencies and companies around the world shut down websites as they raced Thursday to protect themselves from hacks after artificial intelligen...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/22/3553313.JPG"  />
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            <media:title></media:title>
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                        <pubDate>Thu, 22 Oct 2026 07:30:41 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[IMF forecasts sharp economic slowdown across Middle East, North Africa, Pakistan]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198219/business/imf-forecasts-sharp-economic-slowdown-across-middle-east-north-africa-pakistan]]></link>
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        <description><![CDATA[The IMF on Thursday ⁠forecast a sharp drop in economic output in the Middle East, North ​Africa and Pakistan this year ​due to the US-Israeli-led war against Iran, followed by a re...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/22/3553261.jpg"  />
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            <media:title></media:title>
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                        <pubDate>Thu, 22 Oct 2026 06:30:03 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Food behind about half of Oman’s inflation: SQU economist]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198194/business/food-behind-about-half-of-omans-inflation-squ-economist]]></link>
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        <description><![CDATA[MUSCAT: Food and non-alcoholic beverages accounted for roughly half of Oman’s annual rise in consumer prices in September, a Sultan Qaboos University economist has estimated, as hi...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552849.jpg"  />
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            <media:title>Dr Osman Gulseven, Associate Professor of Economics and WTO Chair at SQU</media:title>
            <media:text>Dr Osman Gulseven, Associate Professor of Economics and WTO Chair at SQU</media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 16:10:31 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Workshop explores building Oman’s tech foresight system]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198193/business/workshop-explores-building-omans-tech-foresight-system]]></link>
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        <description><![CDATA[MUSCAT: The Ministry of Transport, Communications and Information Technology, represented by the Oman Centre for the Fourth Industrial Revolution, organised a workshop titled "Tech...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552847.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552847.jpeg" type="image/jpeg" medium="image">
            <media:title>The exercise aimed to examine the forces shaping the future, analyse the potential effects of emerging shifts and signals, and identify the key milestones needed to reach the desired future.</media:title>
            <media:text>The exercise aimed to examine the forces shaping the future, analyse the potential effects of emerging shifts and signals, and identify the key milestones needed to reach the desired future.</media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 16:09:35 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[New project to pilot biodiesel use in Oman’s construction sector]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198192/business/new-project-to-pilot-biodiesel-use-in-omans-construction-sector]]></link>
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        <description><![CDATA[MUSCAT: International construction group STRABAG has embarked on a pioneering biodiesel pilot project in Oman in cooperation with Wakud, marking a potentially significant step towa...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552845.jpg"  />
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            <media:title>The initiative will assess the technical and operational feasibility of using B7 biodiesel in heavy construction machinery under actual site conditions.
</media:title>
            <media:text>The initiative will assess the technical and operational feasibility of using B7 biodiesel in heavy construction machinery under actual site conditions.
</media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 16:08:33 +0400</pubDate>
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            <item>
        <title><![CDATA[First Omani enrols at world’s oldest diplomatic academy]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198186/business/first-omani-enrols-at-worlds-oldest-diplomatic-academy]]></link>
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        <description><![CDATA[MUSCAT: A fresh new chapter has officially unfolded in Gulf-European academic and diplomatic engagement, underscored by landmark representations from the Sultanate of Oman at the w...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552749.jpg"  />
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            <media:title>Ambassador Dr Eichtinger, Ali Sultan Sheikhan, Aziza al Mughairy, and EU Commissioner Magnus Brunner</media:title>
            <media:text>Ambassador Dr Eichtinger, Ali Sultan Sheikhan, Aziza al Mughairy, and EU Commissioner Magnus Brunner</media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 15:51:35 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman energy push needs broader funding]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198185/business/energy/oman-energy-push-needs-broader-funding]]></link>
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        <description><![CDATA[MUSCAT: Oman’s expanding renewable energy and electricity infrastructure plans will require broader funding sources and stronger project structures to attract investment, a senior...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552746.jpg"  />
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            <media:title>Solar, wind and battery storage  require substantial investment as Oman pursues its energy transition under Vision 2040.</media:title>
            <media:text>Solar, wind and battery storage  require substantial investment as Oman pursues its energy transition under Vision 2040.</media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 15:50:27 +0400</pubDate>
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            <item>
        <title><![CDATA[Indian Oil to trim Middle East oil imports]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198184/business/indian-oil-to-trim-middle-east-oil-imports]]></link>
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        <description><![CDATA[Indian Oil Corp (IOC), plans to cut its Middle Eastern oil purchases under annual deals in 2027/28 as the Iran war ​has created uncertainty for supplies from the region, a source f...]]></description>
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            <media:title></media:title>
            <media:text></media:text>
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                        <pubDate>Wed, 21 Oct 2026 15:44:25 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman highlights food manufacturing capabilities at SIAL Paris 2026]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198183/business/oman-highlights-food-manufacturing-capabilities-at-sial-paris-2026]]></link>
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        <description><![CDATA[The Sultanate of Oman continues its successful participation at SIAL Paris 2026 in France through a national pavilion highlighting the diversity of Omani food products and the abil...]]></description>
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                        <pubDate>Wed, 21 Oct 2026 15:39:57 +0400</pubDate>
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            <item>
        <title><![CDATA[Samsung, SK Hynix boost china chip]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198182/business/samsung-sk-hynix-boost-china-chip]]></link>
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        <description><![CDATA[Samsung Electronics and SK Hynix are upgrading their China factories to produce more advanced memory chips, four people familiar with the plans said, aiming to fend off competition...]]></description>
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                        <pubDate>Wed, 21 Oct 2026 15:39:06 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[PHP fix may take websites offline]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198181/business/php-fix-may-take-websites-offline]]></link>
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        <description><![CDATA[The developers of the widely used PHP programming language said on Wednesday they would release patches for two critical vulnerabilities, as EU cybersecurity officials warned organ...]]></description>
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            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 15:38:26 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[What has OCCI achieved over the past four years?]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198180/business/what-has-occi-achieved-over-the-past-four-years]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198180/business/what-has-occi-achieved-over-the-past-four-years</guid>
        <description><![CDATA[The Oman Chamber of Commerce and Industry (OCCI) has repeatedly stated in its periodic media releases that it has carried out numerous activities and initiatives during the past fo...]]></description>
                        <pubDate>Wed, 21 Oct 2026 15:37:25 +0400</pubDate>
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            <item>
        <title><![CDATA[Business groups begin pre-Budget lobbying]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198179/business/business-groups-begin-pre-budget-lobbying]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198179/business/business-groups-begin-pre-budget-lobbying</guid>
        <description><![CDATA[The bosses of Britain’s largest industry groups have urged Chancellor John Healey to reduce the cost of business in order to boost growth across the UK economy. Several business ch...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552721.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552721.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 15:36:02 +0400</pubDate>
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            <item>
        <title><![CDATA[Fed sneezes, but emerging markets aren&#039;t catching a cold yet]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198178/business/fed-sneezes-but-emerging-markets-arent-catching-a-cold-yet]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198178/business/fed-sneezes-but-emerging-markets-arent-catching-a-cold-yet</guid>
        <description><![CDATA[Emerging markets (EMs) are showing greater resilience to US monetary tightening, supported by stronger economic growth, improved fiscal fundamentals, and relatively high interest r...]]></description>
                        <pubDate>Wed, 21 Oct 2026 15:34:45 +0400</pubDate>
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            <item>
        <title><![CDATA[Getty Images says commenced proceedings in US bankruptcy court]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198169/business/getty-images-says-commenced-proceedings-in-us-bankruptcy-court]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198169/business/getty-images-says-commenced-proceedings-in-us-bankruptcy-court</guid>
        <description><![CDATA[New York:  US photography company Getty Images said on Wednesday it has commenced legal proceedings at a US bankruptcy court, as part of a previously announced plan to restructure...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552178.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3552178.jpeg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 10:20:49 +0400</pubDate>
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            <item>
        <title><![CDATA[One of Oman’s first big malls marks 25 years]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198165/business/economy/one-of-omans-first-big-malls-marks-25-years]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198165/business/economy/one-of-omans-first-big-malls-marks-25-years</guid>
        <description><![CDATA[Majid al Futtaim is marking the 25th anniversary of City Centre Muscat and the fifth anniversary of Mall of Oman, celebrating a quarter-century of growth, innovation and community...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551963.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551963.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 09:31:16 +0400</pubDate>
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            <item>
        <title><![CDATA[FAA certifies Boeing&#039;s 737 MAX 10, clearing way for deliveries]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198158/business/aviation/faa-certifies-boeings-737-max-10-clearing-way-for-deliveries]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198158/business/aviation/faa-certifies-boeings-737-max-10-clearing-way-for-deliveries</guid>
        <description><![CDATA[WASHINGTON: The US Federal Aviation Administration on Tuesday granted final approval to the long-delayed Boeing 737 MAX 10, clearing the way for the US planemaker to begin deliveri...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551759.JPG"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551759.JPG" type="image/jpeg" medium="image">
            <media:title>CLH/JR/</media:title>
            <media:text>CLH/JR/</media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 07:49:55 +0400</pubDate>
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            <item>
        <title><![CDATA[Oil nears $110 as risks reshape the global market outlook]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198153/business/energy/oil-nears-110-as-risks-reshape-the-global-market-outlook]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198153/business/energy/oil-nears-110-as-risks-reshape-the-global-market-outlook</guid>
        <description><![CDATA[Global markets are confronting a more complex and fragmented outlook as geopolitical tensions, fiscal uncertainty and shifting expectations for monetary policy reshape investor sen...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551719.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551719.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 06:35:56 +0400</pubDate>
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            <item>
        <title><![CDATA[A battle for control of India’s biggest business empire]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198152/business/markets/a-battle-for-control-of-indias-biggest-business-empire]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198152/business/markets/a-battle-for-control-of-indias-biggest-business-empire</guid>
        <description><![CDATA[MUMBAI, India — Who actually controls India’s biggest company?A bitter power struggle over the Tata Group, a 158-year-old conglomerate with more than 1 million employees worldwide...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551718.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/21/3551718.jpg" type="image/jpeg" medium="image">
            <media:title>The Taj hotel in Mumbai is owned by the Tata Group</media:title>
            <media:text>The Taj hotel in Mumbai is owned by the Tata Group</media:text>
        </media:content>
                        <pubDate>Wed, 21 Oct 2026 06:32:33 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman targets British investment and expertise]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198117/business/economy/oman-targets-british-investment-and-expertise]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198117/business/economy/oman-targets-british-investment-and-expertise</guid>
        <description><![CDATA[LONDON: Oman promoted opportunities in its capital market, industrial zones and priority economic sectors at a GCC-UK investment dialogue in London, as officials sought British par...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550796.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550796.jpg" type="image/jpeg" medium="image">
            <media:title>Representatives of Invest Oman, the Muscat Stock Exchange (MSX) and the Special Economic Zone at Duqm joined the event.</media:title>
            <media:text>Representatives of Invest Oman, the Muscat Stock Exchange (MSX) and the Special Economic Zone at Duqm joined the event.</media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 13:43:09 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman signs deal for Malakai project in Barka]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198116/business/economy/oman-signs-deal-for-malakai-project-in-barka]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198116/business/economy/oman-signs-deal-for-malakai-project-in-barka</guid>
        <description><![CDATA[BUSINESS REPORTERMUSCAT, OCT 20Oman’s Ministry of Heritage and Tourism has signed an agreement with Al-Mursal Trading and Investment LLC to develop an integrated tourism complex in...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550793.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550793.jpg" type="image/jpeg" medium="image">
            <media:title>The project will be developed in phases and incorporate hospitality, leisure and residential facilities within an agricultural setting.</media:title>
            <media:text>The project will be developed in phases and incorporate hospitality, leisure and residential facilities within an agricultural setting.</media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 13:42:24 +0400</pubDate>
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            <item>
        <title><![CDATA[IDOM wins design contract for Oman’s 500 MW Al Kamil Solar I project]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198115/business/energy/idom-wins-design-contract-for-omans-500-mw-al-kamil-solar-i-project]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198115/business/energy/idom-wins-design-contract-for-omans-500-mw-al-kamil-solar-i-project</guid>
        <description><![CDATA[MUSCAT, OCT 20Spanish engineering consultancy IDOM has been selected by China’s Shanxi Installation Group to undertake detailed engineering design for the 500 MW Al Kamil Solar I I...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550791.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550791.jpg" type="image/jpeg" medium="image">
            <media:title>IDOM will work closely with Shanxi Installation Group, which secured the EPC contract for the project in July 2026.</media:title>
            <media:text>IDOM will work closely with Shanxi Installation Group, which secured the EPC contract for the project in July 2026.</media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 13:40:51 +0400</pubDate>
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            <item>
        <title><![CDATA[Al Duqm awards RO13.8 million roads contract]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198114/business/economy/al-duqm-awards-ro138-million-roads-contract]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198114/business/economy/al-duqm-awards-ro138-million-roads-contract</guid>
        <description><![CDATA[MUSCAT, OCT 20The Public Authority for Special Economic Zones and Free Zones (OPAZ) has awarded a RO 13.8 million contract for an internal road network in Al Duqm, expanding infras...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550789.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550789.jpg" type="image/jpeg" medium="image">
            <media:title>The project is intended to improve access within the Special Economic Zone at Duqm (SEZAD).</media:title>
            <media:text>The project is intended to improve access within the Special Economic Zone at Duqm (SEZAD).</media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 13:38:15 +0400</pubDate>
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            <item>
        <title><![CDATA[Dhank signs RO 200,000 development deals]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198113/business/economy/dhank-signs-ro-200000-development-deals]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198113/business/economy/dhank-signs-ro-200000-development-deals</guid>
        <description><![CDATA[DHANK: Five development agreements worth approximately RO 200,000 were signed with the private sector in Dhank on Tuesday to support education, healthcare, social development, spor...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550786.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550786.jpg" type="image/jpeg" medium="image">
            <media:title>The agreements will fund projects and community initiatives in the wilayat in Al Dhahirah Governorate.</media:title>
            <media:text>The agreements will fund projects and community initiatives in the wilayat in Al Dhahirah Governorate.</media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 13:37:04 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman crude tops $110.18 per barrel]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198112/business/energy/oman-crude-tops-11018-per-barrel]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198112/business/energy/oman-crude-tops-11018-per-barrel</guid>
        <description><![CDATA[MUSCAT: Oman crude rose $3.35 to $110.18 a barrel for December delivery on Tuesday, as international oil prices climbed on concerns over attacks on energy infrastructure and shippi...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550784.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550784.jpg" type="image/jpeg" medium="image">
            <media:title>The Oman benchmark increased from $106.83 on Monday.</media:title>
            <media:text>The Oman benchmark increased from $106.83 on Monday.</media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 13:36:03 +0400</pubDate>
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        <title><![CDATA[Veolia wins Al Asilah desalination contract]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198111/business/economy/veolia-wins-al-asilah-desalination-contract]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198111/business/economy/veolia-wins-al-asilah-desalination-contract</guid>
        <description><![CDATA[BUSINESS REPORTERMUSCAT, OCT 20Veolia’s Bahwan Veolia Water has secured a five-year contract to operate and maintain Oman’s Al Asilah desalination plant, adding an 80,000-cubic-met...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550781.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550781.jpg" type="image/jpeg" medium="image">
            <media:title>Veolia said the contract would also support Omanisation through training and professional development.</media:title>
            <media:text>Veolia said the contract would also support Omanisation through training and professional development.</media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 13:35:18 +0400</pubDate>
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            <item>
        <title><![CDATA[Macron secures 200,000 tonnes of extra diesel per month from UAE, Bahrain]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198101/business/macron-secures-200000-tonnes-of-extra-diesel-per-month-from-uae-bahrain]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198101/business/macron-secures-200000-tonnes-of-extra-diesel-per-month-from-uae-bahrain</guid>
        <description><![CDATA[French President Emmanuel Macron has secured the delivery of an additional 200,000 tonnes of diesel per month from the United Arab Emirates and Bahrain during a tour of the Gulf, t...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550250.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550250.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 08:01:37 +0400</pubDate>
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            <item>
        <title><![CDATA[SalamAir signs Amadeus distribution agreement]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198100/business/aviation/salamair-signs-amadeus-distribution-agreement]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198100/business/aviation/salamair-signs-amadeus-distribution-agreement</guid>
        <description><![CDATA[SalamAir has signed a distribution agreement with leading travel technology provider Amadeus, as the Oman’s Low-Cost airline accelerates its global expansion. The agreement will gi...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550231.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550231.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 07:37:47 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[The VW Bus, now electrified, keeps on Truckin’]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198087/business/the-vw-bus-now-electrified-keeps-on-truckin]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198087/business/the-vw-bus-now-electrified-keeps-on-truckin</guid>
        <description><![CDATA[With two-tone paint featuring Sunshine Yellow body panels, the electric Volkswagen Type 2 (colloquially known as the Microbus) was not built for introverts.This vintage bus, newly...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550216.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550216.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 06:17:32 +0400</pubDate>
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            <item>
        <title><![CDATA[What are data centers doing? A mind-boggling amount of math]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198086/business/economy/what-are-data-centers-doing-a-mind-boggling-amount-of-math]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198086/business/economy/what-are-data-centers-doing-a-mind-boggling-amount-of-math</guid>
        <description><![CDATA[Today’s artificial intelligence systems are more capable than ever — thanks to the mind-boggling amount of math it takes to train them.The training mainly amounts to doing surprisi...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550213.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/20/3550213.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Tue, 20 Oct 2026 06:02:37 +0400</pubDate>
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            <item>
        <title><![CDATA[MSX transfers six funds to new market segment]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198061/business/markets/msx-transfers-six-funds-to-new-market-segment]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198061/business/markets/msx-transfers-six-funds-to-new-market-segment</guid>
        <description><![CDATA[MUSCAT, OCT 19The Muscat Stock Exchange (MSX) has announced the transfer of six listed collective investment funds from its Parallel Market to a dedicated Collective Investment Fun...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549990.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549990.jpg" type="image/jpeg" medium="image">
            <media:title>The move establishes a distinct trading classification for collective investment funds.</media:title>
            <media:text>The move establishes a distinct trading classification for collective investment funds.</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 16:08:37 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman crude rises to $106.83 per barrel]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198060/business/energy/oman-crude-rises-to-10683-per-barrel]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198060/business/energy/oman-crude-rises-to-10683-per-barrel</guid>
        <description><![CDATA[MUSCAT: Oman’s official oil price for December delivery rose $1.07 to $106.83 a barrel on Monday, even as international benchmarks fell on profit-taking after reaching multi-month...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549988.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549988.jpg" type="image/jpeg" medium="image">
            <media:title>The Oman contract increased from Friday’s $105.76 a barrel.</media:title>
            <media:text>The Oman contract increased from Friday’s $105.76 a barrel.</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 16:07:20 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman strengthens women’s role in trade union]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198059/business/economy/oman-strengthens-womens-role-in-trade-union]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198059/business/economy/oman-strengthens-womens-role-in-trade-union</guid>
        <description><![CDATA[BUSINESS REPORTERMUSCAT, OCT 19The General Federation of Oman Workers (GFOW) launched a three-day leadership programme for women trade unionists on Monday, alongside the signing of...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549986.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549986.jpeg" type="image/jpeg" medium="image">
            <media:title>The initiative comes as women expand their representation in Oman’s trade union structures. </media:title>
            <media:text>The initiative comes as women expand their representation in Oman’s trade union structures. </media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 16:06:35 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman&#039;s power grid faces a cost-recovery test]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198058/business/energy/omans-power-grid-faces-a-cost-recovery-test]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198058/business/energy/omans-power-grid-faces-a-cost-recovery-test</guid>
        <description><![CDATA[Oman's electricity regulator approved a 10-year recovery period for planned battery storage assets, against about 35 years for conventional transmission equipment, Fitch Ratings sa...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549984.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549984.jpg" type="image/jpeg" medium="image">
            <media:title>6464</media:title>
            <media:text>6464</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 16:04:05 +0400</pubDate>
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            <item>
        <title><![CDATA[Ibra spotlights sustainable and green urban solutions]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198056/business/economy/ibra-spotlights-sustainable-and-green-urban-solutions]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1198056/business/economy/ibra-spotlights-sustainable-and-green-urban-solutions</guid>
        <description><![CDATA[IBRA: Sustainable construction, innovative housing and smart city planning took centre stage at an Urban October event that opened in North Al Sharqiyah Governorate on Monday, brin...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549837.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549837.jpg" type="image/jpeg" medium="image">
            <media:title>The event aims to strengthen coordination between institutions and the community and explore approaches to sustainable urban development.</media:title>
            <media:text>The event aims to strengthen coordination between institutions and the community and explore approaches to sustainable urban development.</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 13:45:58 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman allocates RO 48.6 million in treasury bills]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198055/business/economy/oman-allocates-ro-486-million-in-treasury-bills]]></link>
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        <description><![CDATA[MUSCAT: Oman allocated RO 48.6 million in government treasury bills this week, with 91-day instruments accounting for the larger share, the Central Bank of Oman (CBO) said on Monda...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549828.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549828.jpg" type="image/jpeg" medium="image">
            <media:title>The allocation comprised RO 20 million in 28-day bills and RO 28.6 million in 91-day bills.</media:title>
            <media:text>The allocation comprised RO 20 million in 28-day bills and RO 28.6 million in 91-day bills.</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 13:44:47 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman readies green investment pitch for COP31]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198054/business/economy/oman-readies-green-investment-pitch-for-cop31]]></link>
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        <description><![CDATA[MUSCAT: Oman is preparing to showcase clean energy, recycling and conservation initiatives at next month’s COP31 climate conference in Türkiye, as it seeks to strengthen internatio...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549826.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549826.jpg" type="image/jpeg" medium="image">
            <media:title>The conference will take place in Antalya from November 9 to 20.</media:title>
            <media:text>The conference will take place in Antalya from November 9 to 20.</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 13:44:04 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Ubar Hotels wins rights issue approval]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198053/business/economy/ubar-hotels-wins-rights-issue-approval]]></link>
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        <description><![CDATA[MUSCAT, OCT 19Ubar Hotels & Resorts SAOG has secured Financial Services Authority approval for a rights issue that will add RO 2.5 million to its share capital.The hospitality comp...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549824.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549824.jpg" type="image/jpeg" medium="image">
            <media:title>FSA approved a rights issue for Ubar Hotels &amp; Resorts.</media:title>
            <media:text>FSA approved a rights issue for Ubar Hotels &amp; Resorts.</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 13:43:29 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Lindt CEO departs as Swiss chocolate maker struggles with sales]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1198038/business/markets/lindt-ceo-departs-as-swiss-chocolate-maker-struggles-with-sales]]></link>
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        <description><![CDATA[Swiss chocolate maker Lindt & Sprüngli, known for its Lindor chocolate truffles and chocolate Easter bunnies, is parting ways with chief executive Adalbert Lechner after issuing tw...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549002.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/10/19/3549002.jpg" type="image/jpeg" medium="image">
            <media:title>sq</media:title>
            <media:text>sq</media:text>
        </media:content>
                        <pubDate>Mon, 19 Oct 2026 08:24:09 +0400</pubDate>
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