Bank Muscat launches waiver on Credit Card annual

Bank Muscat is offering a first-year fee waiver on its Oman Air Platinum, Visa Gold, and LuLu Titanium credit cards, with rewards, travel perks, and exclusive benefits valid until 30 November 2025.

Samail Industrial City localises 19 projects

Samail Industrial City, under Madayn, attracted 19 new projects worth over RO 35 million in the first half of 2025, bringing total investments to RO 243 million as it continues infrastructure and development projects to boost industrial growth in line with Oman Vision 2040.

BankDhofar recognized for excellence in corporate

The Ministry of Labour honoured BankDhofar at the 4th Corporate Innovation and Change Management Forum for its leadership in innovation, talent empowerment, and sustainable corporate change, underscoring its commitment to advancing Oman Vision 2040.

Oman’s central bank outlines maximum salary

Central Bank of Oman reminds borrowers of 50% cap for personal loans and 60% limit when combined with housing finance, urging responsible borrowing and planning.

Muscat Stock Exchange hits record high in October

The Muscat Stock Exchange (MSX) recorded a historic surge in October, with total trading value soaring to RO 1.0746 billion, more than double September’s figure.

Oman’s liquidity rises to RO 25.8 billion as

Oman’s financial sector maintained robust momentum by the end of August 2025, with liquidity, lending, and private sector deposits all posting notable increases.

Samsung, Nvidia partner to build next-gen AI

The new platform will integrate AI into every phase of the manufacturing flow, from semiconductor design and processing to equipment control and quality assurance, and will run on more than 50,000 Nvidia GPUs.

Oman LNG and Baker Hughes renew two-decade

Oman LNG announced the renewal of its long-term service agreement with Baker Hughes, marking the beginning of a new chapter in a successful partnership spanning nearly two decades of close cooperation.

Oman’s Raysut Cement calls emergency

Raysut Cement Company, Oman’s largest cement producer, has called an Extraordinary General Meeting (EGM) to address the full erosion of its share capital, following accumulated parent-level losses amounting to RO 54.99 million as of June 30, 2025.

Muscat Stock Exchange market value tops RO 31.25

The Muscat Stock Exchange (MSX) “30” index closed higher, continuing its upward momentum as investor sentiment remained positive despite a notable dip in trading activity.

Oman Investment Authority posts RO 7.3 billion

OIA cuts SOE debt by OMR 2.6 billion, drives record profits, and creates over 1,300 new Omani jobs amid progress on Vision 2040 goals.

Al Mouj Muscat unveils Azura Beach Residences

Designed with open-plan interiors, expansive terraces, and sophisticated finishes, every home is crafted to maximize natural light, space, and panoramic views over the marina and open sea.