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    <title><![CDATA[https://www.omanobserver.om]]></title>
    <description><![CDATA[ RSS Feed : Business  - Economy ]]></description>
    <link>https://www.omanobserver.om</link>
            <item>
        <title><![CDATA[Gold climbs on geopolitical uncertainty]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189636/business/economy/gold-climbs-on-geopolitical-uncertainty]]></link>
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        <description><![CDATA[Gold prices edged higher on Thursday as investors closely monitored high-level talks between U.S. President Donald Trump and Chinese President Xi Jinping for signs of progress towa...]]></description>
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            <media:title>Gold prices currently show a slight downward bias, which could provide a buying opportunity for investors looking to enter the market. ـــReuters</media:title>
            <media:text>Gold prices currently show a slight downward bias, which could provide a buying opportunity for investors looking to enter the market. ـــReuters</media:text>
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                        <pubDate>Thu, 14 May 2026 15:47:24 +0400</pubDate>
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            <item>
        <title><![CDATA[India considers bond tax relief for foreigners]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189635/business/economy/india-considers-bond-tax-relief-for-foreigners]]></link>
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        <description><![CDATA[India is considering a major cut in taxes imposed on foreign investors holding government bonds, as authorities look to align the country’s investment policies with global standard...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/14/3385327.jpg"  />
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            <media:title>The 10-year benchmark bond yield declined ⁠2 bps to 7.03% after Bloomberg&#039;s report. </media:title>
            <media:text>The 10-year benchmark bond yield declined ⁠2 bps to 7.03% after Bloomberg&#039;s report. </media:text>
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                        <pubDate>Thu, 14 May 2026 15:44:56 +0400</pubDate>
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            <item>
        <title><![CDATA[India bars sugar exports until September]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189621/business/economy/india-bars-sugar-exports-until-september]]></link>
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        <description><![CDATA[ India, one of the world's largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from ri...]]></description>
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                        <pubDate>Thu, 14 May 2026 07:19:12 +0400</pubDate>
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            <item>
        <title><![CDATA[ICAI Muscat Chapter holds AGM, names new managing committee]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189590/business/economy/icai-muscat-chapter-holds-agm-names-new-managing-committee]]></link>
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        <description><![CDATA[MUSCAT: The Institute of Chartered Accountants of India Muscat (Oman) Chapter, under the sponsorship of the College of Banking and Financial Studies, successfully concluded its Ann...]]></description>
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            <media:title>ICAI Muscat Chapter Holds AGM, Appoints New Managing Committee</media:title>
            <media:text>ICAI Muscat Chapter Holds AGM, Appoints New Managing Committee</media:text>
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                        <author>liridol@gmail.com (Liju Cherian) </author>
                <pubDate>Wed, 13 May 2026 15:48:12 +0400</pubDate>
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            <item>
        <title><![CDATA[3 new mining blocks, 3 projects to be offered for investment in 2026]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189574/business/economy/3-new-mining-blocks-3-projects-to-be-offered-for-investment-in-2026]]></link>
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        <description><![CDATA[AFRAH AH BALUSHIMUSCAT, MAY 132025 marked a qualitative shift in Oman’s minerals sector, underscoring the accelerated development of mining as a promising driver of economic divers...]]></description>
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            <media:title>In 2025, four concession areas were offered for investment, with bids currently under evaluation, alongside 28 active concession areas operated by 13 companies.</media:title>
            <media:text>In 2025, four concession areas were offered for investment, with bids currently under evaluation, alongside 28 active concession areas operated by 13 companies.</media:text>
        </media:content>
                        <pubDate>Wed, 13 May 2026 14:09:16 +0400</pubDate>
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            <item>
        <title><![CDATA[Asyad Shipping Q1 profit jumps 41% to RO 16.1 million]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189571/business/economy/asyad-shipping-q1-profit-jumps-41-to-ro-161-million]]></link>
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        <description><![CDATA[MUSCAT, MAY 13Asyad Shipping posted a 41 per cent increase in net profit for the first quarter of 2026, driven by stronger profitability, high fleet utilisation and continued expan...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/13/3384302.jpeg"  />
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            <media:title>Asyad Shipping maintained a utilisation rate of 99.7 per cent across its fleet during the quarter.</media:title>
            <media:text>Asyad Shipping maintained a utilisation rate of 99.7 per cent across its fleet during the quarter.</media:text>
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                        <pubDate>Wed, 13 May 2026 14:04:45 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Major solar module maker launches in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189464/business/economy/major-solar-module-maker-launches-in-oman]]></link>
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        <description><![CDATA[MUSCAT, MAY 11Having brought into operation its high-tech solar PV module manufacturing facility in Salalah Free Zone, the Advanced American Clean Energy Company (AACE) has unveile...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/11/3382208.jpg"  />
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            <media:title>AACE’s high-tech facility in Salalah Free Zone.</media:title>
            <media:text>AACE’s high-tech facility in Salalah Free Zone.</media:text>
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                        <pubDate>Mon, 11 May 2026 16:53:02 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Al Sharqiyah South expands investment partnerships with 27 projects]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189463/business/economy/al-sharqiyah-south-expands-investment-partnerships-with-27-projects]]></link>
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        <description><![CDATA[MUSCAT, MAY 11The Al Sharqiyah South Governorate is witnessing rapid economic and developmental growth through the implementation of 27 new development projects with a total cost e...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/11/3382206.jpg"  />
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            <media:title>A total of 42 projects were funded by private sector companies by the end of 2025.</media:title>
            <media:text>A total of 42 projects were funded by private sector companies by the end of 2025.</media:text>
        </media:content>
                        <pubDate>Mon, 11 May 2026 16:51:33 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman plans jobs framework for civil society sector]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189462/business/economy/oman-plans-jobs-framework-for-civil-society-sector]]></link>
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        <description><![CDATA[MUSCAT: The National Employment Programme has moved to establish a national employment governance system for the civil society and charitable sectors as part of broader efforts to...]]></description>
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                        <pubDate>Mon, 11 May 2026 16:50:38 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Duqm EV hub targets wider green mobility ecosystem]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189444/business/economy/duqm-ev-hub-targets-wider-green-mobility-ecosystem]]></link>
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        <description><![CDATA[MUSCAT, MAY 11South Korean clean technology firm ELB&T is positioning its upcoming Duqm project as more than just an electric vehicle manufacturing facility, with plans to build an...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/11/3382012.jpg"  />
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            <media:title>The company sees strong opportunities in Oman’s maritime sector, particularly through the introduction of electric propulsion systems for fishing boats.</media:title>
            <media:text>The company sees strong opportunities in Oman’s maritime sector, particularly through the introduction of electric propulsion systems for fishing boats.</media:text>
        </media:content>
                        <pubDate>Mon, 11 May 2026 13:49:20 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman launches Gulf gravity measurement initiative]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189442/business/economy/oman-launches-gulf-gravity-measurement-initiative]]></link>
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        <description><![CDATA[MUSCAT: The National Centre for Measurement and Calibration has launched a new programme to establish a Gulf network for absolute gravity measurements aimed at improving laboratory...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/11/3382008.jpg"  />
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            <media:title>The three-day programme focuses on building a precise regional network for terrestrial gravity measurements using the high-precision FG5-X instrument in accordance with international standards.</media:title>
            <media:text>The three-day programme focuses on building a precise regional network for terrestrial gravity measurements using the high-precision FG5-X instrument in accordance with international standards.</media:text>
        </media:content>
                        <pubDate>Mon, 11 May 2026 13:47:58 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[OPES, OSW 2026 to accelerate integrated energy transition in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189441/business/economy/opes-osw-2026-to-accelerate-integrated-energy-transition-in-oman]]></link>
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        <description><![CDATA[BUSINESS REPORTERMUSCAT, MAY 11Under the auspices of the Ministry of Energy and Minerals, Oman Sustainability Week (OSW) and Oman Petroleum and Energy Show (OPES) will take place f...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/11/3382006.jpg"  />
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            <media:title>The co-location of OSW and OPES aligns with Oman’s strategic direction to connect sustainability policies with practical implementation.</media:title>
            <media:text>The co-location of OSW and OPES aligns with Oman’s strategic direction to connect sustainability policies with practical implementation.</media:text>
        </media:content>
                        <pubDate>Mon, 11 May 2026 13:47:46 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Crisis helps boost Oman-GCC inland connectivity: Expert]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189428/business/economy/crisis-helps-boost-oman-gcc-inland-connectivity-expert]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189428/business/economy/crisis-helps-boost-oman-gcc-inland-connectivity-expert</guid>
        <description><![CDATA[Muscat: The conflict in the region continues amid a fragile ceasefire, but the situation also presents an opportunity for stakeholders in the GCC to revise strategies to overcome t...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/11/3381188.jpg"  />
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            <media:title></media:title>
            <media:text></media:text>
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                        <author>vinod@omaninfo.om (Vinod R Nair) </author>
                <pubDate>Mon, 11 May 2026 07:54:02 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Indian PM urges limits on fuel use, travel and imports]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189420/business/economy/indian-pm-urges-limits-on-fuel-use-travel-and-imports]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189420/business/economy/indian-pm-urges-limits-on-fuel-use-travel-and-imports</guid>
        <description><![CDATA[Indian ​Prime Minister Narendra Modi on Sunday urged a ‌spate of measures including fuel conservation, work-from-home practices and limits on travel and imports, as a surge in glob...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/11/3381169.jpg"  />
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            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Mon, 11 May 2026 05:29:30 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[RO 495 million real estate deals signed in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189382/business/economy/ro-495-million-real-estate-deals-signed-in-oman]]></link>
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        <description><![CDATA[MUSCAT: Agreements, project awards and investment partnerships worth more than RO 495 million were announced on Sunday as the 21st Oman Real Estate, Design & Construction Exhibitio...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380785.jpg"  />
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            <media:title>The opening ceremony was held under the auspices of Sultan bin Salim al Habsi, Minister of Finance.</media:title>
            <media:text>The opening ceremony was held under the auspices of Sultan bin Salim al Habsi, Minister of Finance.</media:text>
        </media:content>
                        <pubDate>Sun, 10 May 2026 13:30:05 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Credit Oman holds workshop for plastics exporters to US]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189381/business/economy/credit-oman-holds-workshop-for-plastics-exporters-to-us]]></link>
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        <description><![CDATA[BUSINESS REPORTERMUSCAT, MAY 10Credit Oman, in collaboration with the Oman Business Office in the United States and OQ’s "Ladayn" programme, organised a specialised session for Oma...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380769.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380769.jpg" type="image/jpeg" medium="image">
            <media:title>Participating companies were introduced to credit insurance services provided by Credit Oman.</media:title>
            <media:text>Participating companies were introduced to credit insurance services provided by Credit Oman.</media:text>
        </media:content>
                        <pubDate>Sun, 10 May 2026 13:29:20 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[RO 300 million “Musstir Heights” unveiled at Al Jabal Al Aali]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189380/business/economy/ro-300-million-musstir-heights-unveiled-at-al-jabal-al-aali]]></link>
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        <description><![CDATA[BUSINESS REPORTERMUSCAT, MAY 10Musstir, the real estate development arm of the Mohammed Al Barwani Group, has officially unveiled Musstir Heights, an exclusive residential destinat...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380747.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380747.jpg" type="image/jpeg" medium="image">
            <media:title>The unveiling coincides with Musstir’s participation in the Oman Real Estate Expo &amp; Conference 2026</media:title>
            <media:text>The unveiling coincides with Musstir’s participation in the Oman Real Estate Expo &amp; Conference 2026</media:text>
        </media:content>
                        <pubDate>Sun, 10 May 2026 13:23:43 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Al Suwadi, Al Batinah Power study merger]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189379/business/economy/al-suwadi-al-batinah-power-study-merger]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189379/business/economy/al-suwadi-al-batinah-power-study-merger</guid>
        <description><![CDATA[MUSCAT, MAY 10Al Suwadi Power Company SAOG and Al Batinah Power Company SAOG have announced that they have commenced a preliminary assessment of a potential merger, alongside a rev...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380745.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380745.jpg" type="image/jpeg" medium="image">
            <media:title>Both companies said the proposed merger is still at an early stage and remains subject to multiple approvals and assessments.</media:title>
            <media:text>Both companies said the proposed merger is still at an early stage and remains subject to multiple approvals and assessments.</media:text>
        </media:content>
                        <pubDate>Sun, 10 May 2026 13:22:20 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman joins Global Stocktake of National Circular Economy Roadmaps]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189378/business/economy/oman-joins-global-stocktake-of-national-circular-economy-roadmaps]]></link>
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        <description><![CDATA[MUSCAT, MAY 10Oman has joined the Global Stocktake of National Circular Economy Roadmaps, marking a significant milestone in the Sultanate of Oman’s efforts to advance resource eff...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/10/3380739.jpg"  />
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            <media:title>Dr Aisha al Sarihi, Economist at the Ministry of Economy</media:title>
            <media:text>Dr Aisha al Sarihi, Economist at the Ministry of Economy</media:text>
        </media:content>
                        <pubDate>Sun, 10 May 2026 13:20:24 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[OIA expands strategic investments in Türkiye]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189319/business/economy/oia-expands-strategic-investments-in-turkiye]]></link>
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        <description><![CDATA[ISTANBUL: The Oman Investment Authority (OIA) has signed agreements to acquire stakes in two Turkish companies operating in the mining and defence sectors through the Turkish-Omani...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379496.jpg"  />
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            <media:title>The agreements involve SAMAS Mining, a producer of sodium bentonite and Tekatron, which specialises in remotely operated unmanned ground military systems.</media:title>
            <media:text>The agreements involve SAMAS Mining, a producer of sodium bentonite and Tekatron, which specialises in remotely operated unmanned ground military systems.</media:text>
        </media:content>
                        <pubDate>Sat, 09 May 2026 15:19:10 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Competition laws boost investor confidence in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189318/business/economy/competition-laws-boost-investor-confidence-in-oman]]></link>
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        <description><![CDATA[MUSCAT: The Sultanate of Oman is continuing to strengthen its legislative and regulatory framework to create a more competitive and transparent business environment, supporting the...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379493.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379493.jpg" type="image/jpeg" medium="image">
            <media:title>The introduction of the Competition Protection and Anti-Monopoly Law in 2014 marked a major step in regulating market practices.</media:title>
            <media:text>The introduction of the Competition Protection and Anti-Monopoly Law in 2014 marked a major step in regulating market practices.</media:text>
        </media:content>
                        <pubDate>Sat, 09 May 2026 15:17:54 +0400</pubDate>
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            <item>
        <title><![CDATA[Digital payments in Oman surge to RO 3.2 billion]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189317/business/economy/digital-payments-in-oman-surge-to-ro-32-billion]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189317/business/economy/digital-payments-in-oman-surge-to-ro-32-billion</guid>
        <description><![CDATA[MUSCAT: The Sultanate of Oman recorded strong growth in digital payment activity during 2025, reflecting changing consumer behaviour, expanding commercial activity and rising confi...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379490.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379490.jpg" type="image/jpeg" medium="image">
            <media:title>Point-of-sale transactions also recorded robust performance, with the total value of payments through POS devices exceeding RO 7.5 billion in 2025.</media:title>
            <media:text>Point-of-sale transactions also recorded robust performance, with the total value of payments through POS devices exceeding RO 7.5 billion in 2025.</media:text>
        </media:content>
                        <pubDate>Sat, 09 May 2026 15:17:10 +0400</pubDate>
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            <item>
        <title><![CDATA[Duqm Refinery posts EBITDA of RO 106 million in 2025]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189316/business/economy/duqm-refinery-posts-ebitda-of-ro-106-million-in-2025]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189316/business/economy/duqm-refinery-posts-ebitda-of-ro-106-million-in-2025</guid>
        <description><![CDATA[MUSCAT, MAY 9Duqm Refinery and Petrochemical Industries Company posted EBITDA of approximately RO 106 million in 2025, underscoring the refinery’s strong operational performance, h...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379476.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379476.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Sat, 09 May 2026 15:14:55 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman eyes halal export growth in Russia]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189314/business/economy/oman-eyes-halal-export-growth-in-russia]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189314/business/economy/oman-eyes-halal-export-growth-in-russia</guid>
        <description><![CDATA[MUSCAT: The Ministry of Commerce, Industry and Investment Promotion, represented by Oman Exports and in cooperation with the Oman Chamber of Commerce and Industry, will participate...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379462.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/09/3379462.jpg" type="image/jpeg" medium="image">
            <media:title>A number of Omani companies seeking to expand into the Russian market and other Islamic economy markets are expected to participate.</media:title>
            <media:text>A number of Omani companies seeking to expand into the Russian market and other Islamic economy markets are expected to participate.</media:text>
        </media:content>
                        <pubDate>Sat, 09 May 2026 15:12:47 +0400</pubDate>
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            <item>
        <title><![CDATA[Brent holds near $100 as Gulf tensions rise]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189289/business/economy/brent-holds-near-100-as-gulf-tensions-rise]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189289/business/economy/brent-holds-near-100-as-gulf-tensions-rise</guid>
        <description><![CDATA[Oil edged higher and stocks slipped on Friday ​after the US and Iran exchanged fire in the Middle East, though many equity markets — particularly in Asia — remained on track for st...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378751.JPG"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378751.JPG" type="image/jpeg" medium="image">
            <media:title>Futures-options traders work on the floor at the New York Stock Exchange&#039;s NYSE American in New York City. — Reuters</media:title>
            <media:text>Futures-options traders work on the floor at the New York Stock Exchange&#039;s NYSE American in New York City. — Reuters</media:text>
        </media:content>
                        <pubDate>Fri, 08 May 2026 18:01:56 +0400</pubDate>
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            <item>
        <title><![CDATA[Geo-Adventure Park, Wellness Retreat planned at Oman Botanic Garden]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189288/business/economy/geo-adventure-park-wellness-retreat-planned-at-oman-botanic-garden]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189288/business/economy/geo-adventure-park-wellness-retreat-planned-at-oman-botanic-garden</guid>
        <description><![CDATA[MUSCAT, MAY 8Plans are afoot to transform the Oman Botanic Garden Reserve into a major eco-tourism and experiential destination with the proposed development of an upscale Geo-Adve...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378749.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378749.jpg" type="image/jpeg" medium="image">
            <media:title>The Wellness Retreat Centre will also feature luxury eco-lodges</media:title>
            <media:text>The Wellness Retreat Centre will also feature luxury eco-lodges</media:text>
        </media:content>
                        <pubDate>Fri, 08 May 2026 18:00:40 +0400</pubDate>
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            <item>
        <title><![CDATA[Toyota expects $4.3 bn hit from effects of war]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189287/business/economy/toyota-expects-43-bn-hit-from-effects-of-war]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189287/business/economy/toyota-expects-43-bn-hit-from-effects-of-war</guid>
        <description><![CDATA[TOKYO: Japan's Toyota ​expects the effects of the Iran war to cost it about $4.3 billion this financial year, in one of the most significant warnings yet by a global company on the...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378747.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378747.jpg" type="image/jpeg" medium="image">
            <media:title>A Toyota logo is seen on the side of a store in Tokyo</media:title>
            <media:text>A Toyota logo is seen on the side of a store in Tokyo</media:text>
        </media:content>
                        <pubDate>Fri, 08 May 2026 17:59:34 +0400</pubDate>
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            <item>
        <title><![CDATA[Hooked on your phone? Here’s how to break free]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189286/business/economy/hooked-on-your-phone-heres-how-to-break-free]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189286/business/economy/hooked-on-your-phone-heres-how-to-break-free</guid>
        <description><![CDATA[Nearly two decades after the arrival of smartphones, society is grappling with a problem that has grown worse over time: People love their phones so much that they can’t put them d...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378743.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/08/3378743.jpg" type="image/jpeg" medium="image">
            <media:title> </media:title>
            <media:text> </media:text>
        </media:content>
                        <pubDate>Fri, 08 May 2026 17:58:37 +0400</pubDate>
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            <item>
        <title><![CDATA[World Bank: Oman well positioned against regional shocks]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189213/business/economy/world-bank-oman-well-positioned-against-regional-shocks]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189213/business/economy/world-bank-oman-well-positioned-against-regional-shocks</guid>
        <description><![CDATA[MUSCAT: Oman’s fiscal reforms and economic diversification efforts have strengthened the country’s ability to absorb regional shocks, helping position Oman among the least affected...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/07/3376879.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/07/3376879.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Thu, 07 May 2026 06:40:38 +0400</pubDate>
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            <item>
        <title><![CDATA[World Bank sees stronger Oman economy on fiscal, non-oil gains]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189210/business/economy/world-bank-sees-stronger-oman-economy-on-fiscal-non-oil-gains]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189210/business/economy/world-bank-sees-stronger-oman-economy-on-fiscal-non-oil-gains</guid>
        <description><![CDATA[MUSCAT: Oman’s economy is positioned for stronger growth in the coming years, supported by lower public debt, expanding non-oil activity and continued reforms under Oman Vision 204...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/07/3376866.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/07/3376866.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Thu, 07 May 2026 05:33:26 +0400</pubDate>
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            <item>
        <title><![CDATA[Greater Muscat Master Plan joins Innovation Club of Global Business Districts]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1189083/business/economy/greater-muscat-master-plan-joins-innovation-club-of-global-business-districts]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1189083/business/economy/greater-muscat-master-plan-joins-innovation-club-of-global-business-districts</guid>
        <description><![CDATA[Muscat  – The Greater Muscat Master Plan (GMMP) has joined the Innovation Club of Global Business Districts, becoming the fifteenth member of the international network and the firs...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/05/3374372.png"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/05/05/3374372.png" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Tue, 05 May 2026 07:29:53 +0400</pubDate>
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            <item>
        <title><![CDATA[24 investment agreements and 9 initiatives signed]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188837/business/economy/24-investment-agreements-and-9-initiatives-signed]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188837/business/economy/24-investment-agreements-and-9-initiatives-signed</guid>
        <description><![CDATA[Key indicators reflecting investor confidence in the transport and logistics sector and its growing attractiveness were unveiled at celebrations marking World Logistics Day on Apri...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370625.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370625.jpeg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Thu, 30 Apr 2026 16:04:27 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman Participates in GCC Economic Meeting]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188836/business/economy/oman-participates-in-gcc-economic-meeting]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188836/business/economy/oman-participates-in-gcc-economic-meeting</guid>
        <description><![CDATA[Muscat, 30 Apr 2026 (ONA) --- The Sultanate of Oman participated today in the 15th meeting of the Committee of Senior Officials of the Economic and Developmental Affairs Authority...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370621.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370621.jpg" type="image/jpeg" medium="image">
            <media:title>The meeting discussed several topics focused on priority economic and developmental aspects, in addition to reviewing proposals related to developing joint work mechanisms and enhancing coordination between relevant authorities in member states.</media:title>
            <media:text>The meeting discussed several topics focused on priority economic and developmental aspects, in addition to reviewing proposals related to developing joint work mechanisms and enhancing coordination between relevant authorities in member states.</media:text>
        </media:content>
                        <pubDate>Thu, 30 Apr 2026 16:03:04 +0400</pubDate>
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            <item>
        <title><![CDATA[Port of Duqm joins Oman Net Zero Centre’s Meezan platform]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188834/business/economy/port-of-duqm-joins-oman-net-zero-centres-meezan-platform]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188834/business/economy/port-of-duqm-joins-oman-net-zero-centres-meezan-platform</guid>
        <description><![CDATA[ort of Duqm Company has signed the Meezan Subscription Agreement with the Oman Net Zero Centre under the Ministry of Energy and Minerals, becoming the first non-hydrocarbon entity...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370618.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370618.jpg" type="image/jpeg" medium="image">
            <media:title>Representatives of the Port of Duqm Company and Oman Net Zero Centre at the signing on Thursday 
</media:title>
            <media:text>Representatives of the Port of Duqm Company and Oman Net Zero Centre at the signing on Thursday 
</media:text>
        </media:content>
                        <pubDate>Thu, 30 Apr 2026 16:02:10 +0400</pubDate>
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            <item>
        <title><![CDATA[EM stocks, FX fall on renewed Iran war risks, but set for monthly gains]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188832/business/economy/em-stocks-fx-fall-on-renewed-iran-war-risks-but-set-for-monthly-gains]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188832/business/economy/em-stocks-fx-fall-on-renewed-iran-war-risks-but-set-for-monthly-gains</guid>
        <description><![CDATA[Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7%, while investors assessed the impact...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370612.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370612.jpg" type="image/jpeg" medium="image">
            <media:title>the Iran war has battered global markets and raised concerns about inflation, as shipping disruptions in the crucial region have kept oil prices elevated.</media:title>
            <media:text>the Iran war has battered global markets and raised concerns about inflation, as shipping disruptions in the crucial region have kept oil prices elevated.</media:text>
        </media:content>
                        <pubDate>Thu, 30 Apr 2026 16:00:17 +0400</pubDate>
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            <item>
        <title><![CDATA[Total Energies and Nextnorth start $300M PH solar build]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188831/business/economy/total-energies-and-nextnorth-start-300m-ph-solar-build]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188831/business/economy/total-energies-and-nextnorth-start-300m-ph-solar-build</guid>
        <description><![CDATA[PARIS, - French oil major TotalEnergies (TTEF.PA), opens new tab and Philippine renewables developer Nextnorth have secured financing for a 440 megawatt-peak solar park in the Asia...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370610.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/30/3370610.jpg" type="image/jpeg" medium="image">
            <media:title></media:title>
            <media:text></media:text>
        </media:content>
                        <pubDate>Thu, 30 Apr 2026 15:59:26 +0400</pubDate>
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            <item>
        <title><![CDATA[Al Sharqiyah South growth surges]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188772/business/economy/al-sharqiyah-south-growth-surges]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188772/business/economy/al-sharqiyah-south-growth-surges</guid>
        <description><![CDATA[MUSCAT, APRIL 29Al Sharqiyah South Governorate has recorded strong economic performance in recent years, supported by the implementation of development policies aligned with the ob...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/29/3369057.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/29/3369057.jpeg" type="image/jpeg" medium="image">
            <media:title>Work is underway on 158 projects within the governorate’s programme.</media:title>
            <media:text>Work is underway on 158 projects within the governorate’s programme.</media:text>
        </media:content>
                        <pubDate>Wed, 29 Apr 2026 13:28:56 +0400</pubDate>
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            <item>
        <title><![CDATA[CPA refunds reach more than RO7 million in 2025]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188771/business/economy/cpa-refunds-reach-more-than-ro7-million-in-2025]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188771/business/economy/cpa-refunds-reach-more-than-ro7-million-in-2025</guid>
        <description><![CDATA[MUSCAT: The Consumer Protection Authority (CPA) returned more than RO 7 million to consumers in 2025, underlining stronger enforcement, faster complaint resolution and expanded dig...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/29/3369053.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/29/3369053.jpg" type="image/jpeg" medium="image">
            <media:title>The authority intensified its market oversight, conducting 303,776 inspection visits covering 244,892 commercial establishments.</media:title>
            <media:text>The authority intensified its market oversight, conducting 303,776 inspection visits covering 244,892 commercial establishments.</media:text>
        </media:content>
                        <pubDate>Wed, 29 Apr 2026 13:26:41 +0400</pubDate>
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            <item>
        <title><![CDATA[Wadi Shab resort to be operated by Funun]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188769/business/economy/wadi-shab-resort-to-be-operated-by-funun]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188769/business/economy/wadi-shab-resort-to-be-operated-by-funun</guid>
        <description><![CDATA[MUSCAT, APR 29Wadi Shab resort, one of Oman's famous natural attractions known for its canyon scenery and fresh water pools, will be managed by Funun Company, a key player in Oman’...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/29/3369043.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/29/3369043.jpg" type="image/jpeg" medium="image">
            <media:title>Wadi Shab resort is known for its canyon scenery and fresh water pools.</media:title>
            <media:text>Wadi Shab resort is known for its canyon scenery and fresh water pools.</media:text>
        </media:content>
                        <author>observerkabeer@gmail.com (Kabeer Yousuf) </author>
                <pubDate>Wed, 29 Apr 2026 13:24:32 +0400</pubDate>
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            <item>
        <title><![CDATA[Nama scales RO 1 billion pipeline, cuts water loss]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188709/business/economy/nama-scales-ro-1-billion-pipeline-cuts-water-loss]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188709/business/economy/nama-scales-ro-1-billion-pipeline-cuts-water-loss</guid>
        <description><![CDATA[MUSCAT, APRIL 28Nama Water Services (NWS), the state-owned integrated water and wastewater utility of the Sultanate of Oman, has accelerated infrastructure delivery and operational...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368071.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368071.jpg" type="image/jpeg" medium="image">
            <media:title>NWS asset base now includes 49,633 water assets and 1,772 wastewater assets, supported by 25,900 km of water networks and 5,200 km of wastewater pipelines.</media:title>
            <media:text>NWS asset base now includes 49,633 water assets and 1,772 wastewater assets, supported by 25,900 km of water networks and 5,200 km of wastewater pipelines.</media:text>
        </media:content>
                        <pubDate>Tue, 28 Apr 2026 13:31:27 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman courts Chinese pharma investment]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188708/business/economy/oman-courts-chinese-pharma-investment]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188708/business/economy/oman-courts-chinese-pharma-investment</guid>
        <description><![CDATA[BEIJING: The Sultanate of Oman is intensifying efforts to attract high-tech pharmaceutical and medical device investments from China, as part of a broader strategy to localise adva...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368067.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368067.jpeg" type="image/jpeg" medium="image">
            <media:title>OPAZ team has engaged with companies specialising in biopharmaceutical production and advanced storage infrastructure.</media:title>
            <media:text>OPAZ team has engaged with companies specialising in biopharmaceutical production and advanced storage infrastructure.</media:text>
        </media:content>
                        <pubDate>Tue, 28 Apr 2026 13:29:51 +0400</pubDate>
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            <item>
        <title><![CDATA[Oman explores economic zone ties with Saudi Arabia]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188706/business/economy/oman-explores-economic-zone-ties-with-saudi-arabia]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188706/business/economy/oman-explores-economic-zone-ties-with-saudi-arabia</guid>
        <description><![CDATA[BUSINESS REPORTERRIYADH, APRIL 28Qais bin Mohammed al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), is currently visiting the Kingdom o...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368062.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368062.jpg" type="image/jpeg" medium="image">
            <media:title>Qais bin Mohammed Al Yousef, OPAZ Chairman, is currently visiting the Kingdom of Saudi Arabia to explore opportunities for enhanced economic cooperation between the two countries.</media:title>
            <media:text>Qais bin Mohammed Al Yousef, OPAZ Chairman, is currently visiting the Kingdom of Saudi Arabia to explore opportunities for enhanced economic cooperation between the two countries.</media:text>
        </media:content>
                        <pubDate>Tue, 28 Apr 2026 13:27:41 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman–Russia trade surges as ties deepen]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188705/business/economy/omanrussia-trade-surges-as-ties-deepen]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188705/business/economy/omanrussia-trade-surges-as-ties-deepen</guid>
        <description><![CDATA[MUSCAT: Economic relations between the Sultanate of Oman and the Russian Federation have gained notable momentum, underpinned by a sharp rise in bilateral trade and expanding secto...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368058.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/28/3368058.jpg" type="image/jpeg" medium="image">
            <media:title>Trade exchange has accelerated significantly, with volumes quadrupling in the early months of 2026.</media:title>
            <media:text>Trade exchange has accelerated significantly, with volumes quadrupling in the early months of 2026.</media:text>
        </media:content>
                        <pubDate>Tue, 28 Apr 2026 13:26:52 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Intellectual property can drive sustainable sports economy in Oman]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188643/business/economy/intellectual-property-can-drive-sustainable-sports-economy-in-oman]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188643/business/economy/intellectual-property-can-drive-sustainable-sports-economy-in-oman</guid>
        <description><![CDATA[MUSCAT, APRIL 27The Sultanate of Oman, represented by the Ministry of Commerce, Industry and Investment Promotion, marked World Intellectual Property Day 2026 under the theme “Inte...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366745.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366745.jpg" type="image/jpeg" medium="image">
            <media:title>World Intellectual Property Day 2026 was commemorated with a forum focusing on the theme, “Intellectual Property and Sport: Prepare, Launch, Innovate”.</media:title>
            <media:text>World Intellectual Property Day 2026 was commemorated with a forum focusing on the theme, “Intellectual Property and Sport: Prepare, Launch, Innovate”.</media:text>
        </media:content>
                        <pubDate>Mon, 27 Apr 2026 13:53:45 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman and Russia deepen economic, investment ties]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188642/business/economy/oman-and-russia-deepen-economic-investment-ties]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188642/business/economy/oman-and-russia-deepen-economic-investment-ties</guid>
        <description><![CDATA[MUSCAT: Abdul Salam bin Mohammed al Murshidi, President of the Oman Investment Authority, received on Monday a delegation from the Russian Federation led by Maxim Reshetnikov to ad...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366742.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366742.jpeg" type="image/jpeg" medium="image">
            <media:title>The meeting reviewed prospects for joint initiatives aligned with the priorities of both countries.</media:title>
            <media:text>The meeting reviewed prospects for joint initiatives aligned with the priorities of both countries.</media:text>
        </media:content>
                        <pubDate>Mon, 27 Apr 2026 13:52:49 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[&quot;Makeen&quot; drives tech jobs, skills and sector growth]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188640/business/economy/makeen-drives-tech-jobs-skills-and-sector-growth]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188640/business/economy/makeen-drives-tech-jobs-skills-and-sector-growth</guid>
        <description><![CDATA[MUSCAT: The Ministry of Transport, Communications and Information Technology marked five years of its “Makeen” initiative with a forum highlighting its expanding role in building n...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366733.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366733.jpeg" type="image/jpeg" medium="image">
            <media:title>Officials from the public and private sectors attended the event.</media:title>
            <media:text>Officials from the public and private sectors attended the event.</media:text>
        </media:content>
                        <pubDate>Mon, 27 Apr 2026 13:48:51 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Palm Hills financing deals signed in Musandam]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188637/business/economy/palm-hills-financing-deals-signed-in-musandam]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188637/business/economy/palm-hills-financing-deals-signed-in-musandam</guid>
        <description><![CDATA[MUSCAT: The Ministry of Housing and Urban Planning has signed 10 partnership and financing agreements for the “Palm Hills” project in Musandam Governorate, marking a step forward i...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366721.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3366721.jpg" type="image/jpeg" medium="image">
            <media:title>The agreements  provide integrated financing solutions to facilitate access to housing. </media:title>
            <media:text>The agreements  provide integrated financing solutions to facilitate access to housing. </media:text>
        </media:content>
                        <pubDate>Mon, 27 Apr 2026 13:46:51 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[AI surge powers South Korea’s growth momentum]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188623/business/economy/ai-surge-powers-south-koreas-growth-momentum]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188623/business/economy/ai-surge-powers-south-koreas-growth-momentum</guid>
        <description><![CDATA[SEOUL: South Korea’s first-quarter economic performance offers a compelling case for cautious optimism, underscoring the country’s ability to capitalise on structural shifts in the...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3365933.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/27/3365933.jpg" type="image/jpeg" medium="image">
            <media:title>Semiconductor chips with the South Korean flag symbol are seen on a circuit board of a computer in this illustration.</media:title>
            <media:text>Semiconductor chips with the South Korean flag symbol are seen on a circuit board of a computer in this illustration.</media:text>
        </media:content>
                        <pubDate>Mon, 27 Apr 2026 08:06:24 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[RO 200 million industrial deals boost Oman’s zones]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188577/business/economy/ro-200-million-industrial-deals-boost-omans-zones]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188577/business/economy/ro-200-million-industrial-deals-boost-omans-zones</guid>
        <description><![CDATA[MUSCAT, APRIL 26The Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed investment agreements exceeding RO 200 million to establish a portfolio of industri...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/26/3365626.jpg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/26/3365626.jpg" type="image/jpeg" medium="image">
            <media:title>The agreements span a broad range of sectors reflecting a coordinated effort to strengthen domestic value chains and reduce reliance on imports.</media:title>
            <media:text>The agreements span a broad range of sectors reflecting a coordinated effort to strengthen domestic value chains and reduce reliance on imports.</media:text>
        </media:content>
                        <pubDate>Sun, 26 Apr 2026 14:14:28 +0400</pubDate>
    </item>
            <item>
        <title><![CDATA[Oman, Somalia expand food security, investment cooperation]]></title>
        <link><![CDATA[https://www.omanobserver.om/article/1188576/business/economy/oman-somalia-expand-food-security-investment-cooperation]]></link>
        <guid isPermaLink="true">https://www.omanobserver.om/article/1188576/business/economy/oman-somalia-expand-food-security-investment-cooperation</guid>
        <description><![CDATA[MUSCAT: Oman and Somalia have stepped up efforts to deepen cooperation in food security and investment, as senior officials from both countries held high-level talks in Muscat.Disc...]]></description>
                <media:thumbnail url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/26/3365623.jpeg"  />
        <media:content url="https://www.omanobserver.om/omanobserver/uploads/images/2026/04/26/3365623.jpeg" type="image/jpeg" medium="image">
            <media:title>The talks focused on expanding bilateral cooperation.</media:title>
            <media:text>The talks focused on expanding bilateral cooperation.</media:text>
        </media:content>
                        <pubDate>Sun, 26 Apr 2026 14:13:19 +0400</pubDate>
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