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    <lastBuildDate>Thu, 21 May 2026 10:51:18 +0400</lastBuildDate>
    <title><![CDATA[https://www.omanobserver.om]]></title>
    <description><![CDATA[ RSS Feed : Business  ]]></description>
    <link>https://www.omanobserver.om</link>
            <item>
        <title><![CDATA[Asian stocks surge on Iran hopes and Samsung deal]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189997/business/markets/asian-stocks-surge-on-iran-hopes-and-samsung-deal]]></link>
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        <description><![CDATA[Shares surged in Tokyo, Seoul and other Asian markets Thursday, fuelled by hopes of a Middle East peace accord and by negotiations averting a planned strike at Samsung Electronics....]]></description>
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                        <pubDate>Thu, 21 May 2026 05:47:25 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman moves towards mandatory sustainability disclosures for listed firms]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189996/business/oman-moves-towards-mandatory-sustainability-disclosures-for-listed-firms]]></link>
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        <description><![CDATA[MUSCAT: Oman is preparing to make sustainability and climate-related disclosures mandatory for listed companies and regulated financial institutions, under a phased framework now o...]]></description>
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                        <pubDate>Wed, 20 May 2026 19:43:07 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[MSX pullback tests market depth after strong rally]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189956/business/msx-pullback-tests-market-depth-after-strong-rally]]></link>
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        <description><![CDATA[MUSCAT: A sharp pullback on the Muscat Stock Exchange (MSX) has put market depth, liquidity and investor confidence back under scrutiny, even as Oman’s broader fiscal and economic...]]></description>
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            <media:title>The benchmark MSX index has fallen from levels above 8,300 points to around 7,500 points in recent sessions.</media:title>
            <media:text>The benchmark MSX index has fallen from levels above 8,300 points to around 7,500 points in recent sessions.</media:text>
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                        <pubDate>Wed, 20 May 2026 12:58:35 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[MSX strengthens push for sustainable finance]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189955/business/msx-strengthens-push-for-sustainable-finance]]></link>
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        <description><![CDATA[MUSCAT: Muscat Stock Exchange (MSX) has signed a cooperation agreement with Carbon Neutrality Era Company to support the development of sustainable finance and carbon markets in th...]]></description>
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            <media:title>The two sides will collaborate on developing sustainable financial instruments.</media:title>
            <media:text>The two sides will collaborate on developing sustainable financial instruments.</media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 12:57:24 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Omani green ammonia exports to Europe to begin next year: Al Aufi]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189953/business/omani-green-ammonia-exports-to-europe-to-begin-next-year-al-aufi]]></link>
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        <description><![CDATA[MUSCAT: Oman’s first shipment of green ammonia to Europe is expected around this time next year, Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, announced on Tuesday...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391915.jpg"  />
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            <media:title>Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, addressing the World Hydrogen Summit 2026 in Rotterdam.</media:title>
            <media:text>Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, addressing the World Hydrogen Summit 2026 in Rotterdam.</media:text>
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                        <pubDate>Wed, 20 May 2026 12:52:52 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman advances sustainability and energy investment at OPES 2026]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189952/business/oman-advances-sustainability-and-energy-investment-at-opes-2026]]></link>
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        <description><![CDATA[MUSCAT: Amidst the global acceleration towards clean energy and low-carbon growth, the Sultanate of Oman is emerging as a leading investment hub in the energy and sustainability se...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391885.jpg"  />
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            <media:title>OPES 2026 witnessed wide participation from major international companies, investment institutions and energy and technology firms.</media:title>
            <media:text>OPES 2026 witnessed wide participation from major international companies, investment institutions and energy and technology firms.</media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 12:49:41 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Flare gas projects gain momentum in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189951/business/flare-gas-projects-gain-momentum-in-oman]]></link>
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        <description><![CDATA[MUSCAT: The Sultanate of Oman is emerging as a strategic testing ground for new flare-gas monetisation technologies as a partnership unveiled at the Oman Petroleum & Energy Show (O...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391878.jpg"  />
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            <media:title>Flare-gas utilisation remains one of the key operational and environmental challenges facing oil producers globally.</media:title>
            <media:text>Flare-gas utilisation remains one of the key operational and environmental challenges facing oil producers globally.</media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 12:48:35 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Five years on, MSX reshapes market growth in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189950/business/five-years-on-msx-reshapes-market-growth-in-oman]]></link>
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        <description><![CDATA[MUSCAT: At a time when global financial centres are redefining their roles and reshaping market structures, Muscat Stock Exchange (MSX) has emerged as one of the most notable trans...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391875.jpg"  />
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            <media:title>Dignitaries and officials attending MSX’s celebration of five years since its transition from a conventional trading platform into a market-driven financial institution.</media:title>
            <media:text>Dignitaries and officials attending MSX’s celebration of five years since its transition from a conventional trading platform into a market-driven financial institution.</media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 12:47:12 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Pact signed to explore cleaner fuel, EV and solar solutions]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189949/business/pact-signed-to-explore-cleaner-fuel-ev-and-solar-solutions]]></link>
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        <description><![CDATA[MUSCAT: OQ Base Industries and Oman Oil Marketing Company have signed a Memorandum of Understanding (MoU) to jointly explore alternative and sustainable energy solutions aimed at s...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391873.jpg"  />
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            <media:title>The two companies will study the potential use of solar power solutions and assess the feasibility of deploying EV charging infrastructure.</media:title>
            <media:text>The two companies will study the potential use of solar power solutions and assess the feasibility of deploying EV charging infrastructure.</media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 12:46:42 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oil retreats, stocks rise on cautious Mideast war hopes]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189945/business/oil-retreats-stocks-rise-on-cautious-mideast-war-hopes]]></link>
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        <description><![CDATA[ Oil prices slid and European stock markets advanced Wednesday after a South Korean tanker passed through the Strait of Hormuz, easing concerns about the apparent impasse between t...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391621.jpg"  />
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            <media:title>OMANIRAN-US-ISRAEL-WAR-HORMUZ</media:title>
            <media:text>OMANIRAN-US-ISRAEL-WAR-HORMUZ</media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 12:09:20 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Strait of Hormuz blockade to boost EV demand]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189942/business/cars/strait-of-hormuz-blockade-to-boost-ev-demand]]></link>
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        <description><![CDATA[ Global sales of electric vehicles are likely to receive a boost from the war in Iran, the International Energy Agency (IEA) said on Wednesday, as persistently high oil prices enco...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391169.png"  />
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            <media:title></media:title>
            <media:text></media:text>
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                        <pubDate>Wed, 20 May 2026 09:41:10 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[China says it will buy 200 Boeing jets]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189938/business/aviation/china-says-it-will-buy-200-boeing-jets]]></link>
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        <description><![CDATA[China on Wednesday ​said it will buy 200 Boeing jets and seek an extension of a trade truce struck with the U.S. that is set to expire this November, following a high-profile summi...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391053.jpg"  />
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            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 07:19:35 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Asyad affirms commitment to sustainable logistics systems]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189934/business/economy/asyad-affirms-commitment-to-sustainable-logistics-systems]]></link>
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        <description><![CDATA[Asyad Group launched its participation at Oman Sustainability Week 2026 through a series of strategic initiatives and partnerships that reflect its role in advancing more sustainab...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391040.jpg"  />
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            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 06:34:59 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Samsung is set to be hit by a major strike on Thursday]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189932/business/markets/samsung-is-set-to-be-hit-by-a-major-strike-on-thursday]]></link>
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        <description><![CDATA[SEJONG: Samsung Electronics' union plans for 48,000 workers to walk off the job on Thursday after efforts to clinch a deal on bonus payments fell through, threatening the health of...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/20/3391037.jpg"  />
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            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Wed, 20 May 2026 05:38:40 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[MSX cap tops RO 32bn amid deepening capital market reforms]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189915/business/msx-cap-tops-ro-32bn-amid-deepening-capital-market-reforms]]></link>
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        <description><![CDATA[The Muscat Stock Exchange (MSX) said its market capitalisation climbed to more than RO 32 billion in 2025, up from around RO 22 billion at the end of 2021, as Oman’s stock market c...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390933.jpeg"  />
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            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 17:23:23 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[New platforms to advance Oman’s Net Zero goals]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189889/business/economy/new-platforms-to-advance-omans-net-zero-goals]]></link>
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        <description><![CDATA[MUSCAT, MAY 19In a major push towards Oman’s net-zero ambitions, the Ministry of Energy and Minerals launched three digital platforms and signed two agreements under the first phas...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390531.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390531.jpg" type="image/jpeg" medium="image">
            <media:title>A number of agreements were signed with specialised companies to begin implementing energy efficiency projects in government buildings.</media:title>
            <media:text>A number of agreements were signed with specialised companies to begin implementing energy efficiency projects in government buildings.</media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 13:49:42 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Rikan signs MoUs to boost social investment in Oman’s energy sector]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189888/business/economy/rikan-signs-mous-to-boost-social-investment-in-omans-energy-sector]]></link>
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        <description><![CDATA[MUSCAT, MAY 19In a move to strengthen social investment within Oman’s energy sector, the Energy Sector Social Responsibility Development Foundation (Rikan) signed three Memoranda o...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390527.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390527.jpg" type="image/jpeg" medium="image">
            <media:title>The pacts aim to enhance cooperation in knowledge sharing, data integration and the efficiency of social investment.</media:title>
            <media:text>The pacts aim to enhance cooperation in knowledge sharing, data integration and the efficiency of social investment.</media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 13:46:26 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman’s AI race moves from appsto infrastructure]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189887/business/economy/omans-ai-race-moves-from-appsto-infrastructure]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189887/business/economy/omans-ai-race-moves-from-appsto-infrastructure</guid>
        <description><![CDATA[MUSCAT, MAY 19Oman’s next phase of artificial intelligence growth will depend less on applications and more on the infrastructure needed to host, secure and scale them locally, a s...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390525.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390525.jpg" type="image/jpeg" medium="image">
            <media:title>Otech is expanding its cloud, data centre, cybersecurity and AI computing capabilities.</media:title>
            <media:text>Otech is expanding its cloud, data centre, cybersecurity and AI computing capabilities.</media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 13:45:22 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman advances water, circular economy agenda]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189886/business/economy/oman-advances-water-circular-economy-agenda]]></link>
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        <description><![CDATA[MUSCAT, MAY 19The Sultanate of Oman is accelerating efforts to strengthen water security and environmental sustainability as the country advances projects aligned with the goals of...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390518.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390518.jpg" type="image/jpeg" medium="image">
            <media:title>Oman has significant potential to become a regional benchmark in sustainable water and environmental management.</media:title>
            <media:text>Oman has significant potential to become a regional benchmark in sustainable water and environmental management.</media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 13:41:50 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[National Gas advances plan for mini-LNG project in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189885/business/energy/national-gas-advances-plan-for-mini-lng-project-in-oman]]></link>
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        <description><![CDATA[MUSCAT, MAY 19Leading Omani LPG distributor National Gas Company has taken a significant step towards realising its proposed mini-liquefied natural gas (LNG) project in Oman, signi...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390512.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390512.jpg" type="image/jpeg" medium="image">
            <media:title>The pilot project will evaluate the use of cleaner fuels, such as LNG, as a substitute for diesel in generators powering drilling rigs and other oilfield installations. (Picture for illustration)</media:title>
            <media:text>The pilot project will evaluate the use of cleaner fuels, such as LNG, as a substitute for diesel in generators powering drilling rigs and other oilfield installations. (Picture for illustration)</media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 13:36:58 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[EDO raises additional international funding]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189884/business/energy/edo-raises-additional-international-funding]]></link>
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        <description><![CDATA[BUSINESS REPORTERMUSCAT, MAY 19Energy Development Oman (EDO) has successfully completed the tap issuance of its existing $650 million, 10-year sukuk, raising an additional $200 mil...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390496.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3390496.jpg" type="image/jpeg" medium="image">
            <media:title>The sukuk, which carries a profit rate of 5.14%, is set to mature in January 2036.</media:title>
            <media:text>The sukuk, which carries a profit rate of 5.14%, is set to mature in January 2036.</media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 13:31:35 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Travel industry hit by widespread short-notice cancellations]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189870/business/tourism/travel-industry-hit-by-widespread-short-notice-cancellations]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189870/business/tourism/travel-industry-hit-by-widespread-short-notice-cancellations</guid>
        <description><![CDATA[Muscat: The ongoing conflict in the Gulf involving the United States, Israel, and Iran has disrupted air travel like never before due to surging aviation fuel prices and the possib...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3389715.jpg"  />
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            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <author>vinod@omaninfo.om (Vinod R Nair) </author>
                <pubDate>Tue, 19 May 2026 07:11:37 +0400</pubDate>
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        <title><![CDATA[Oman’s AI race moves from apps to infrastructure]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189869/business/banking/omans-ai-race-moves-from-apps-to-infrastructure]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189869/business/banking/omans-ai-race-moves-from-apps-to-infrastructure</guid>
        <description><![CDATA[Muscat: Oman’s next phase of artificial intelligence growth will depend less  on applications and more on the infrastructure needed to host, secure  and scale them locally, a senio...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3389707.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/19/3389707.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Tue, 19 May 2026 06:50:49 +0400</pubDate>
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        <title><![CDATA[MSX signs pact with Environment Authority at Oman Sustainability Week]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189834/business/msx-signs-pact-with-environment-authority-at-oman-sustainability-week]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189834/business/msx-signs-pact-with-environment-authority-at-oman-sustainability-week</guid>
        <description><![CDATA[MUSCAT: Muscat Stock Exchange (MSX) signed a cooperation agreement with the Environment Authority during the opening day of Oman Sustainability Week 2026, as part of efforts to str...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389387.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389387.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 14:55:32 +0400</pubDate>
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        <title><![CDATA[OIA profit hits record RO 2.9 billion in 2025]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189827/business/economy/oia-profit-hits-record-ro-29-billion-in-2025]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189827/business/economy/oia-profit-hits-record-ro-29-billion-in-2025</guid>
        <description><![CDATA[MUSCAT, MAY 18Oman Investment Authority (OIA) posted historic profits of RO 2.9 billion in 2025, underlining the strong performance of the Sultanate of Oman’s sovereign wealth fund...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389242.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389242.jpeg" type="image/jpeg" medium="image">
            <media:title>OIA outlined its financial performance, investment expansion and economic contributions for 2025.</media:title>
            <media:text>OIA outlined its financial performance, investment expansion and economic contributions for 2025.</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:38:58 +0400</pubDate>
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        <title><![CDATA[&quot;Rikan&quot; to drive social responsibility in Oman&#039;s energy sector]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189826/business/energy/rikan-to-drive-social-responsibility-in-omans-energy-sector]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189826/business/energy/rikan-to-drive-social-responsibility-in-omans-energy-sector</guid>
        <description><![CDATA[MUSCAT, MAY 18The opening events of the Oman Petroleum & Energy Exhibition and Conference 2026 and Oman Sustainability Week 2026 witnessed the official launch of the “Rikan” Develo...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389227.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389227.jpg" type="image/jpeg" medium="image">
            <media:title>The corporate identity of Rikan unveiled at Oman Sustainability Week 2026.</media:title>
            <media:text>The corporate identity of Rikan unveiled at Oman Sustainability Week 2026.</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:34:20 +0400</pubDate>
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        <title><![CDATA[LIFT-OFF: How Oman built a space economy in three years]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189825/business/energy/lift-off-how-oman-built-a-space-economy-in-three-years]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189825/business/energy/lift-off-how-oman-built-a-space-economy-in-three-years</guid>
        <description><![CDATA[Over the past three years, the Sultanate of Oman has announced a succession of monumental and unprecedented space projects.From the establishment of Etlaq, the MENA region’s first...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389217.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389217.jpg" type="image/jpeg" medium="image">
            <media:title>In just three years, since the unveiling of Oman’s Space Policy in 2023, the Sultanate of Oman has transitioned from laying the foundations of a national space sector to building an active and robust market.</media:title>
            <media:text>In just three years, since the unveiling of Oman’s Space Policy in 2023, the Sultanate of Oman has transitioned from laying the foundations of a national space sector to building an active and robust market.</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:32:08 +0400</pubDate>
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        <title><![CDATA[Oman Q1 deficit narrows to RO25m as gas revenues jump 36pc]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189824/business/energy/oman-q1-deficit-narrows-to-ro25m-as-gas-revenues-jump-36pc]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189824/business/energy/oman-q1-deficit-narrows-to-ro25m-as-gas-revenues-jump-36pc</guid>
        <description><![CDATA[MUSCAT: Oman’s fiscal deficit narrowed sharply to RO25 million in the first quarter of 2026 as higher oil and gas revenues boosted state income despite increased public spending, a...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389214.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389214.jpeg" type="image/jpeg" medium="image">
            <media:title>Net oil revenues also increased 5 per cent to RO 1.535 billion in Q1 2026</media:title>
            <media:text>Net oil revenues also increased 5 per cent to RO 1.535 billion in Q1 2026</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:30:12 +0400</pubDate>
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        <title><![CDATA[OSW, OPES 2026 highlight Oman’s green transition]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189823/business/energy/osw-opes-2026-highlight-omans-green-transition]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189823/business/energy/osw-opes-2026-highlight-omans-green-transition</guid>
        <description><![CDATA[MUSCAT, MAY 18The Sultanate of Oman has reinforced its commitment to sustainable development and energy transition with the launch of Oman Sustainability Week (OWS) 2026 and Oman P...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389215.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389215.jpg" type="image/jpeg" medium="image">
            <media:title>Government dignitaries at the opening of Oman Sustainability Week 2026.</media:title>
            <media:text>Government dignitaries at the opening of Oman Sustainability Week 2026.</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:30:10 +0400</pubDate>
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        <title><![CDATA[Medco Energi’s investment in Oman upstream sector surpasses $1.4 billion]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189822/business/energy/medco-energis-investment-in-oman-upstream-sector-surpasses-14-billion]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189822/business/energy/medco-energis-investment-in-oman-upstream-sector-surpasses-14-billion</guid>
        <description><![CDATA[MUSCAT, MAY 18Indonesian oil and gas company PT Medco Energi Internasional Tbk (MedcoEnergi) marked on Sunday, May 17, 2026, two decades of operations in Oman’s upstream oil and ga...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389210.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389210.jpg" type="image/jpeg" medium="image">
            <media:title>Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, with key officials of MedcoEnergi Oman at the anniversary celebrations.</media:title>
            <media:text>Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, with key officials of MedcoEnergi Oman at the anniversary celebrations.</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:27:13 +0400</pubDate>
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        <title><![CDATA[OIA divestments exceed RO 2.8 billion]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189821/business/markets/oia-divestments-exceed-ro-28-billion]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189821/business/markets/oia-divestments-exceed-ro-28-billion</guid>
        <description><![CDATA[MUSCAT, MAY 18Oman Investment Authority’s (OIA) divestment programme generated returns exceeding RO 2.8 billion by the end of 2025, reflecting the sovereign wealth fund’s strategy...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389208.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389208.jpg" type="image/jpeg" medium="image">
            <media:title>The programme, launched in 2022, completed 24 divestments by the end of 2025.</media:title>
            <media:text>The programme, launched in 2022, completed 24 divestments by the end of 2025.</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:26:04 +0400</pubDate>
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        <title><![CDATA[Abraj expands service portfolio with new contracts]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189818/business/energy/abraj-expands-service-portfolio-with-new-contracts]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189818/business/energy/abraj-expands-service-portfolio-with-new-contracts</guid>
        <description><![CDATA[MUSCAT: Abraj Energy Services has strengthened its presence in Oman’s energy sector through a series of strategic agreements and new contracts announced during its participation in...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389199.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3389199.jpg" type="image/jpeg" medium="image">
            <media:title>Abraj Energy Services signed a number of contracts at the opening of OPES 2026 on Monday</media:title>
            <media:text>Abraj Energy Services signed a number of contracts at the opening of OPES 2026 on Monday</media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 13:22:58 +0400</pubDate>
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        <title><![CDATA[69 million barrels of Oman Crude traded in a week]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189811/business/markets/69-million-barrels-of-oman-crude-traded-in-a-week]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189811/business/markets/69-million-barrels-of-oman-crude-traded-in-a-week</guid>
        <description><![CDATA[Dubai: Gulf Mercantile Exchange (GME) today announced the highest weekly trading volume in the history of the exchange, with more than 69052 contracts traded during the week of 11...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388317.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388317.jpeg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 07:58:33 +0400</pubDate>
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        <title><![CDATA[Iran War: Global firms face $25 billion bill, for now]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189808/business/economy/iran-war-global-firms-face-25-billion-bill-for-now]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189808/business/economy/iran-war-global-firms-face-25-billion-bill-for-now</guid>
        <description><![CDATA[The U.S.-Israeli ​war with Iran has already cost companies around the world at least $25 ​billion - and the bill is climbing, according to a Reuters analysis. A review of corporate...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388301.JPG"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388301.JPG" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 07:08:39 +0400</pubDate>
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        <title><![CDATA[OIA posts record RO2.9bn profit in 2025]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189807/business/markets/oia-posts-record-ro29bn-profit-in-2025]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189807/business/markets/oia-posts-record-ro29bn-profit-in-2025</guid>
        <description><![CDATA[Oman Investment Authority posted a record profit of RO2.9 billion in 2025, marking one of the strongest performances since its establishment and reinforcing the growing global stan...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388300.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388300.jpeg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 07:00:49 +0400</pubDate>
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        <title><![CDATA[CBO Governor: Oman entering intelligence-first banking era]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189805/business/banking/cbo-governor-oman-entering-intelligence-first-banking-era]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189805/business/banking/cbo-governor-oman-entering-intelligence-first-banking-era</guid>
        <description><![CDATA[MUSCAT  — Oman’s banking sector is moving from digital adoption to an  “intelligence-first” phase, where artificial intelligence, open banking  and cybersecurity will define the ne...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388295.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/18/3388295.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Mon, 18 May 2026 05:43:19 +0400</pubDate>
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            <item>
        <title><![CDATA[Pact to advance sustainable fuels]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189771/business/economy/pact-to-advance-sustainable-fuels]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189771/business/economy/pact-to-advance-sustainable-fuels</guid>
        <description><![CDATA[BUSINESS REPORTERMUSCAT, MAY 17In a move designed to reinforce the Sultanate of Oman’s position within the global green economy, UK-based biotechnology firm HutanBio has entered in...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387986.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387986.jpg" type="image/jpeg" medium="image">
            <media:title>High-level executives representing HutanBio and Utopia World Investment (UWI) at the MoU signing recently.</media:title>
            <media:text>High-level executives representing HutanBio and Utopia World Investment (UWI) at the MoU signing recently.</media:text>
        </media:content>
                        <pubDate>Sun, 17 May 2026 13:35:46 +0400</pubDate>
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            <item>
        <title><![CDATA[First-of-its-kind Oman wave energy study set to be unveiled]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189770/business/economy/first-of-its-kind-oman-wave-energy-study-set-to-be-unveiled]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189770/business/economy/first-of-its-kind-oman-wave-energy-study-set-to-be-unveiled</guid>
        <description><![CDATA[MUSCAT, MAY 17The findings of a first-of-its-kind assessment of Oman’s wave energy potential will be unveiled by a team of local scientists and researchers at the Oman Sustainabili...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387983.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387983.jpg" type="image/jpeg" medium="image">
            <media:title>Coastal waters off North Oman possess a stable low-to-moderate wave resource: Study. (Picture for illustration only)</media:title>
            <media:text>Coastal waters off North Oman possess a stable low-to-moderate wave resource: Study. (Picture for illustration only)</media:text>
        </media:content>
                        <pubDate>Sun, 17 May 2026 13:34:37 +0400</pubDate>
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        <title><![CDATA[Oman energy maps shift to hydrogen economy]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189769/business/energy/oman-energy-maps-shift-to-hydrogen-economy]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189769/business/energy/oman-energy-maps-shift-to-hydrogen-economy</guid>
        <description><![CDATA[MUSCAT MAY 17Oman is accelerating its transition from a hydrocarbon-driven economy towards a future anchored in green hydrogen, renewable energy and lower carbon emissions, as the...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387981.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387981.jpg" type="image/jpeg" medium="image">
            <media:title>The oil and gas sector contributes 68 per cent of the 2025 state budget, underlining the continued importance of hydrocarbons to the national economy.</media:title>
            <media:text>The oil and gas sector contributes 68 per cent of the 2025 state budget, underlining the continued importance of hydrocarbons to the national economy.</media:text>
        </media:content>
                        <pubDate>Sun, 17 May 2026 13:33:02 +0400</pubDate>
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            <item>
        <title><![CDATA[NCSI launches AI opinion survey in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189768/business/economy/ncsi-launches-ai-opinion-survey-in-oman]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189768/business/economy/ncsi-launches-ai-opinion-survey-in-oman</guid>
        <description><![CDATA[MUSCAT: The National Centre for Statistics and Information on Sunday launched a nationwide public opinion survey to assess the use of artificial intelligence technologies in daily...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387974.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387974.jpg" type="image/jpeg" medium="image">
            <media:title>The survey, which runs until May 28, targets Omani citizens aged 18 and above.</media:title>
            <media:text>The survey, which runs until May 28, targets Omani citizens aged 18 and above.</media:text>
        </media:content>
                        <pubDate>Sun, 17 May 2026 13:30:09 +0400</pubDate>
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            <item>
        <title><![CDATA[Raysut port upgrade boosts fisheries investment]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189767/business/economy/raysut-port-upgrade-boosts-fisheries-investment]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189767/business/economy/raysut-port-upgrade-boosts-fisheries-investment</guid>
        <description><![CDATA[SALALAH: The Ministry of Agriculture, Fisheries and Water Resources has completed the rehabilitation of Raysut Fishing Port in Salalah at a cost exceeding RO 2.9 million, strengthe...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387971.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387971.jpeg" type="image/jpeg" medium="image">
            <media:title>The project forms part of the ministry’s broader strategy to enhance the operational efficiency of fishing ports.</media:title>
            <media:text>The project forms part of the ministry’s broader strategy to enhance the operational efficiency of fishing ports.</media:text>
        </media:content>
                        <pubDate>Sun, 17 May 2026 13:29:24 +0400</pubDate>
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            <item>
        <title><![CDATA[Inflation in Oman climbs 3.2% in April]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189766/business/markets/inflation-in-oman-climbs-32-in-april]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189766/business/markets/inflation-in-oman-climbs-32-in-april</guid>
        <description><![CDATA[MUSCAT: Inflation in the Sultanate of Oman rose by 3.2 per cent in April 2026 compared to the same month last year, according to data released by the National Centre for Statistics...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387961.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387961.jpg" type="image/jpeg" medium="image">
            <media:title>The average inflation rate during the January-April 2026 period increased by 2.6 per cent.</media:title>
            <media:text>The average inflation rate during the January-April 2026 period increased by 2.6 per cent.</media:text>
        </media:content>
                        <pubDate>Sun, 17 May 2026 13:28:01 +0400</pubDate>
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        <title><![CDATA[Oman sees a jump in aviation fuel exports in Q1, 2026]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189758/business/aviation/oman-sees-a-jump-in-aviation-fuel-exports-in-q1-2026]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189758/business/aviation/oman-sees-a-jump-in-aviation-fuel-exports-in-q1-2026</guid>
        <description><![CDATA[The total aviation fuel exports from the Sultanate of Oman increased by 7.6 percent in the first three months of 2026.A total of  5.448 million barrels of jet fuel were exported du...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387478.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387478.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
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                        <author>vinod@omaninfo.om (Vinod R Nair) </author>
                <pubDate>Sun, 17 May 2026 08:46:11 +0400</pubDate>
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        <title><![CDATA[India scrambles to steady rupee as oil shock bites]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189754/business/markets/india-scrambles-to-steady-rupee-as-oil-shock-bites]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189754/business/markets/india-scrambles-to-steady-rupee-as-oil-shock-bites</guid>
        <description><![CDATA[Mumbai: Anuj SRIVAS India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fastest-growing major ec...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387257.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/17/3387257.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Sun, 17 May 2026 06:06:30 +0400</pubDate>
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            <item>
        <title><![CDATA[Sohar Titanium begins production at first furnace]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189721/business/sohar-titanium-begins-production-at-first-furnace]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189721/business/sohar-titanium-begins-production-at-first-furnace</guid>
        <description><![CDATA[MUSCAT: Sohar Titanium, the Sultanate of Oman’s first titanium slag production project, has officially entered the production phase with the operation of its first electric arc fur...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386992.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386992.jpg" type="image/jpeg" medium="image">
            <media:title>The furnace that has been commissioned has a capacity of 50,000 tonnes.</media:title>
            <media:text>The furnace that has been commissioned has a capacity of 50,000 tonnes.</media:text>
        </media:content>
                        <pubDate>Sat, 16 May 2026 15:26:42 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman embeds energy-water-food nexus in hydrogen strategy]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189720/business/energy/oman-embeds-energy-water-food-nexus-in-hydrogen-strategy]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189720/business/energy/oman-embeds-energy-water-food-nexus-in-hydrogen-strategy</guid>
        <description><![CDATA[MUSCAT: A commentary published by the World Economic Forum argues that Oman’s emerging green hydrogen industry is being shaped not simply by abundant renewable energy resources, bu...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386986.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386986.jpg" type="image/jpeg" medium="image">
            <media:title>Oman’s early adoption of integrated resource governance may ultimately prove more valuable than its renewable energy potential alone.</media:title>
            <media:text>Oman’s early adoption of integrated resource governance may ultimately prove more valuable than its renewable energy potential alone.</media:text>
        </media:content>
                        <pubDate>Sat, 16 May 2026 15:24:49 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman Investment Authority to unveil 2025 results on Monday]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189719/business/economy/oman-investment-authority-to-unveil-2025-results-on-monday]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189719/business/economy/oman-investment-authority-to-unveil-2025-results-on-monday</guid>
        <description><![CDATA[MUSCAT: Oman Investment Authority will unveil its 2025 financial results and key performance indicators during its annual media briefing on Monday, May 18,  alongside updates on th...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386984.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386984.jpg" type="image/jpeg" medium="image">
            <media:title>The presentation is expected to outline progress in asset development, return optimisation and financial sustainability efforts in line with the objectives of Oman Vision 2040.</media:title>
            <media:text>The presentation is expected to outline progress in asset development, return optimisation and financial sustainability efforts in line with the objectives of Oman Vision 2040.</media:text>
        </media:content>
                        <pubDate>Sat, 16 May 2026 15:23:16 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman highlights free zone strategy at Panama forum]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189718/business/oman-highlights-free-zone-strategy-at-panama-forum]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189718/business/oman-highlights-free-zone-strategy-at-panama-forum</guid>
        <description><![CDATA[PANAMA CITY: The Sultanate of Oman participated in the 12th World Free Zones Organisation Conference in Panama under the theme “Free Zones in the New Global Operating Model: Challe...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386981.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386981.jpg" type="image/jpeg" medium="image">
            <media:title>The Omani delegation was led by Qais bin Mohammed al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ).</media:title>
            <media:text>The Omani delegation was led by Qais bin Mohammed al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ).</media:text>
        </media:content>
                        <pubDate>Sat, 16 May 2026 15:22:08 +0400</pubDate>
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            <item>
        <title><![CDATA[OPES and Oman Sustainability Week to open on Monday]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189717/business/opes-and-oman-sustainability-week-to-open-on-monday]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189717/business/opes-and-oman-sustainability-week-to-open-on-monday</guid>
        <description><![CDATA[MUSCAT: Oman Petroleum and Energy Show 2026 and Oman Sustainability Week 2026 will open on Monday at the Oman Convention and Exhibition Centre, bringing together government entitie...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386975.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386975.jpg" type="image/jpeg" medium="image">
            <media:title>The event reflects Oman’s efforts to balance energy security, industrial growth, environmental protection and long-term sustainability objectives.</media:title>
            <media:text>The event reflects Oman’s efforts to balance energy security, industrial growth, environmental protection and long-term sustainability objectives.</media:text>
        </media:content>
                        <pubDate>Sat, 16 May 2026 15:20:50 +0400</pubDate>
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        <title><![CDATA[Jindal to build RO 150 million steel plant in Suhar]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189716/business/jindal-to-build-ro-150-million-steel-plant-in-suhar]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189716/business/jindal-to-build-ro-150-million-steel-plant-in-suhar</guid>
        <description><![CDATA[MUSCAT: Public Establishment for Industrial Estates (Madayn) has signed an investment agreement with Jindal Steel Company to establish an integrated iron and steel plant at Suhar I...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386972.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/16/3386972.jpg" type="image/jpeg" medium="image">
            <media:title>The project will be developed over an area exceeding 583,000 square metres in phase 7 of Suhar Industrial City.</media:title>
            <media:text>The project will be developed over an area exceeding 583,000 square metres in phase 7 of Suhar Industrial City.</media:text>
        </media:content>
                        <pubDate>Sat, 16 May 2026 15:19:00 +0400</pubDate>
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