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 …
Oman’s property price index rises by 22.7% in 2026 Q2
The real estate price index in the Sultanate of Oman registered an increase of 22.7 percent during the second quarter (Q2) of 2026, compared to the same quarter of 2025.
House speaker declares Iran nuclear issue “taken care of”
Iran and Oman delay a meeting to discuss control of the Strait of Hormuz as fighting between Iran’s Houthi allies and Saudi Arabia raises the stakes for global energy markets.