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Oman showcases investment ambitions at SPIEF 2025, advancing strategic investment ties with Russia
The Sultanate of Oman, represented by the Ministry of Commerce, Industry and Investment Promotion, concluded its participation in the...


World Bank opens office in Oman, to help in realising 2040 goals
The World Bank Group has opened a permanent office in Muscat to provide advisory services and monitor projects financed by the World Bank...


Oman launches 'Space Accelerators Program' to boost local innovation
The Ministry of Transport, Communications and Information Technology (MTCIT) has officially launched the "Space Accelerators Program," a...


Oman’s Housing Minister: Vision 2040 is opening a new era for investors
Oman is entering a bold new phase of growth and urban transformation and international investors are being invited to play a central...


Oman’s real estate: How many homes, hotel rooms are to come up by 2030?
The Sultanate of Oman is poised to deliver 62,800 new residential real estate units by 2030, with 5,500 set to come to market this year,...


Oman backs 55 tech startups under Nomu programme
Muscat – Fifty-five technology startups have been accepted into the second edition of the Nomu Programme, an initiative by Ministry of...


Omran earns RO25.2mn profit; RO156mn FDI in 2024
Muscat – Oman Tourism Development Company (Omran Group) has reported net profit of RO25.2mn and revenues exceeding RO58.3mn for 2024,...


Oman, Kazakhstan strengthen economic ties with new cooperation agreement
Muscat – Oman and the Republic of Kazakhstan have forged stronger economic, financial and investment ties, following high-level...


Rusayl Industrial City localises 17 projects worth RO49mn
Muscat – Al Rusayl Industrial City, affiliated to the Public Establishment for Industrial Estates ‘Madayn’, signed 17 new contracts in...


Four Omani banks in Forbes’ top 50 Middle East list
Four Omani banks – Bank Muscat, BankDhofar, National Bank of Oman (NBO) and Sohar International Bank – have been ranked among the top 50...


Transforming Oman's business landscape
MUSCAT: The Ministry of Commerce, Industry and Investment Promotion is spearheading efforts to modernise Oman’s business environment by...


Oman’s GDP grows 4.7% during Q1, reaches RO10.53bn
Muscat – Oman’s gross domestic product (GDP) at current prices rose by 4.7% in the first quarter of 2025, reaching RO10.53bn compared to...


Al Mouj Muscat, the Oman’s leading lifestyle destination, has announced the launch of Azura Beach Residences.
MUSCAT: Al Mouj Muscat, the Oman’s leading lifestyle destination, has announced the launch of Azura Beach Residences, a landmark new...
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