Saudi Arabia has set the November Arab Light crude oil official selling price to Asia at $5 a barrel below the Oman/Dubai average.
Oman seeks deeper investment ties with Tanzania
An Omani government delegation has held talks in Tanzania aimed at identifying new trade and investment opportunities and …
Oman’s Islamic banking sector hits over $26bln asset milestone
The sector has been expanding faster than Islamic banking markets elsewhere in the Gulf. Moody’s Ratings said Oman recorded the highest compound annual growth rate among GCC Islamic banking markets …
Oman hotel revenue falls 12 per cent as 700 new rooms are due by end of 2026
Revenue at Oman’s three- to five-star hotels fell to OMR124.2m ($322.7m) in H1 2026, while 700 more rooms are expected to enter the market by year-end …
Oman, Australia explore opportunities to deepen business ties
BUSINESS REPORTER MUSCAT, SEPT 27 he Australian Business Group Oman (ABGO) hosted an evening with Miles Armitage, Australian Ambassador to the …
Oman drafts nationallaw for space economy
MUSCAT, SEPT 27 Oman has begun drafting a dedicated national space law as it strengthens the regulatory architecture needed to support investment …
S&P affirms Oman at BBB-, raises 2026 growth forecast to 3.5%
RIYADH: S&P Global Ratings affirmed Oman’s long-term sovereign credit rating at “BBB-” and its short-term rating at “A-3”, with a stable outlook, while raising its 2026 economic growth forecast for …
Oman maps out plan to lift non-oil trade
MUSCAT: The Sultanate of Oman is developing an integrated strategy to improve its business environment, expand domestic production and strengthen …
Oman launches national fintech strategy
MUSCAT: The Sultanate of Oman has launched a national fintech strategy and a centralised digital portal as it seeks to attract investment, …
Oman payment platforms move towards integrated services
BUSINESS REPORTER MUSCAT, SEPT 20 Oman’s digital payments sector is expanding its use of integrated platforms that connect online …