Energy Development Oman (EDO) secured a $1 billion international loan and refinanced Rial Omani facilities, enhancing its debt profile, cutting
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Belgian cleantech startup Sirona Technologies commissioned its first Direct Air Capture (DAC) unit in Project Moringa, capturing CO₂ using solar-powered
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The Oman Business Forum will hold its third trade dialogue session on October 21, focusing on "Exploring the Advantage of
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The Muscat Stock Exchange hit its highest weekly trading volume in 2025, driven by banking shares, OQ Group firms, and
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The Sultanate of Oman is boosting investment by enhancing infrastructure, simplifying regulations, and expanding digital services. Key projects like the
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MUSCAT: By August 2025, total credit from conventional banks in Oman grew by 7.3%, supporting private sector growth. Private sector
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Omani banks listed on MSX posted RO 420.7M net profits in first nine months of 2025, up 7.8%. Bank Muscat
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Gold prices fell over 2% after hitting a record high above $4,300 per ounce, pressured by a stronger dollar and
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Oman Energy Development Company (OEDC) secured RO385 million in financing and issued its first local sukuk worth RO50 million to
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The Ministry of Heritage and Tourism has suspended licenses of several hotels violating quality standards, including Al Nahda Center for
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