The Iran-backed Houthi rebels in Yemen said they targeted two oil facilities in Saudi Arabia owned by Aramco on Saturday.
UNIDO backs Oman’s industrial drive through solar PV manufacturing
MUSCAT: The United Nations Industrial Development Organization (UNIDO) has identified Oman as one of the Middle East’s most promising …
AmCham Oman and Salalah Free Zone highlight Sultanate’s strategic economic resilience as a global hub
In alignment with Oman’s ongoing economic diversification and vision for long-term industrial growth, AmCham Oman, in partnership with Salalah Free Zone (ASYAD Group), recently hosted a high-level …
Can Islamic finance fuel the next phase of tourism growth in Oman?
Increasingly recognised by stakeholders as a sound financial solution, Islamic finance represents a strategic lever for revving up Oman’s tourism industry. Islamic finance thrives alongside tourism, …
Oman: Pact inked to boost farmers’ access to finance
Muscat – Agriculture Development Oman (ADO) and the Development Bank on Sunday signed a Memorandum of Understanding (MoU) to launch the Farmers’ Funding Programme, a new initiative aimed at providing …
Oman’s investment, real estate funds capital soars to over $3bln in 2025
Muscat: The total capital of real estate and investment funds in Oman rose sharply by 89.9 percent in 2025, reaching OMR 1.2 billion, up from OMR 630.8 million in 2024, reflecting growing investor …
Canadian energy firm explores investment options in Oman
MUSCAT: Canada Business Holdings Inc (CBH), a Canadian project development and investment company, has announced plans to explore …
Promotion meeting held for OMNEX 2026 Oman-Türkiye Business Forum in Muscat
A promotion meeting for The OMNEX 2026 Oman-Türkiye Business Forum and International Trade Fair, which will be organized by the Oman Business Forum, was held at the Oman Chamber of Commerce and …
Cyprus Business Now: Shipping, Demetra, tourism, property, state workforce
A Cyprus-flagged container ship remained disabled off Oman, with one Indian seafarer still missing, after an Iranian strike sparked an engine-room fire, forced the crew to abandon the vessel and …
India summons Iran’s Deputy Ambassador after missile strike kills Indian crew member in Hormuz
The diplomatic move came a day after the UAE reported that Iranian cruise missiles struck the tankers Mombasa and Al Bahiyah in the southern shipping lane of the Strait of Hormuz, within Omani waters …