US asset management firm State Street and Saudi Arabia’s Jadwa Investment agreed to jointly expand their offerings in Oman, as Muscat looks to further develop its capital market …
Iraq Raises June Basrah Medium Crude Price to Asia to $4.30 a Barrel
Iraq has raised the June official selling price for Basrah Medium crude oil to Asia to $4.30 a barrel against the average of Oman/Dubai quotes from the May OSP of $17.30 a barrel, state-owned Iraqi …
Iran, Russia, and China are still hunting submarines together in the Gulf of Oman — a Chinese sub-killer frigate working inside US carrier range for a second week
For the second week running, a Chinese anti-submarine warfare frigate is operating alongside Iranian and Russian warships in the Gulf of Oman, conducting coordinated drills in waters that sit squarely …
Oman secures $1 billion battery materials project
MUSCAT: Oman has secured a major investment in the fast-growing global battery supply chain with the launch of a $ 1 billion project to …
Oman’s Labor Ministry urges early payment of wages for the private sector ahead of Eid al Adha
In a move to ensure workers in the private sector can celebrate Eid Al Adha 2026 with peace of mind, Oman’s Ministry of Labor has issued an urgent directive advising employers to advance the payment …
Oman Cables showcases sustainability-led innovation
Oman Cables Industry, the Sultanate’s leading cable manufacturer took center stage at Oman Sustainability Week (OSW) 2026 to reinforce its …
Oman Cables showcases sustainability-led innovation
Oman Cables Industry, the Sultanate’s leading cable manufacturer took center stage at Oman Sustainability Week (OSW) 2026 to reinforce its …
OMNEX 2026 to bring Turkish, Omani business communities together in Muscat
The OMNEX 2026 Oman-Türkiye Business Forum and International Trade Fair, aimed at elevating economic and commercial ties between Türkiye and Oman, will bring together business communities from both …
Islamic finance sector shifts focus to Oman Vision 2040 delivery
MUSCAT: Oman’s Islamic finance sector has evolved beyond being merely a growing segment of the banking system, with increasing focus now on …
Iran and Oman reveals shocking plan for Strait of Hormuz and oil
Before the war, roughly 135 ships passed through the Strait of Hormuz every day. Iran claims 26 made it through on May 19 and 20, with help from the Islamic Revolutionary Guard Corps. The gap between …