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Posted on June 7, 2026

O-Green achieves financial close for Oman’s largest industrial solar project

The Sohar solar development represents the first project in Oman to supply industrial cities with solar power under a direct supply …
Posted on June 7, 2026

State Street’s Gulf expansion adds Oman

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 …
Posted on June 1, 2026

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 …
Posted on June 1, 2026

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 …
Posted on May 31, 2026

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 …
Posted on May 28, 2026

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 …
Posted on May 25, 2026

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 …
Posted on May 25, 2026

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 …
Posted on May 25, 2026

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 …
Posted on May 24, 2026

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 …

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