Oman’s inflation averaged 2.9 percent in the first eight months of 2026, staying well below the IMF’s projected global average of 4.7 percent despite continued geopolitical and supply-chain pressures.
Road infrastructure accounted for the bulk of Transport Ministry development expenditure in the first nine months of 2026, with major highway projects in Musandam and along the Adam-Thumrait corridor leading spending.
Standard & Poor’s has affirmed the Sultanate of Oman’s investment-grade credit rating at “BBB-” with a stable outlook, citing continued fiscal consolidation, stronger economic performance and improvements in the country’s financial and external positions.
Oman’s Financial Services Authority has introduced new regulations governing public joint-stock companies, setting clearer requirements for market disclosures, shareholder protection and procedures when companies cease operations or lose their licences.
Leading the Future of AI Mobility: Strategic agreement marks the official entry of XPENG’s intelligent mobility vehicles into the Sultanate.
The third edition is dedicated to boating, sailing and the sea, in connection with the America’s Cup Naples 2027, which will be hosted in Italy for the first time.
The programme supports initiatives that help people develop skills, access opportunities and contribute to their communities in collaboration with Omani-owned organizations.
Expansion will lift gross fluids handling capacity to 548,000 barrels per day, with project targeted for completion within 19 months.
The charity run was held along the picturesque marina at Al Mouj Muscat and led by Guinness World Record holder Fahad Al Abri—the celebrated Omani athlete, fitness trainer, musician, and wellness advocate.
Bank raises fiscal surplus forecast sharply as non-oil activity, logistics and manufacturing support Oman’s economic outlook
FSA Executive President H.E. Sheikh Abdullah bin Salim Al Salmi says new regulations aim to attract domestic and foreign capital and strengthen investor protection.
Oil prices fell on Wednesday as Saudi Arabia began restoring crude supplies through a key pipeline to the Red Sea, while hopes for diplomatic efforts to ease tensions between the United States and Iran weighed on prices.
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