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.

Central Bank of Oman announces auction results of

The Central Bank of Oman has announced the Auction results of the 77th Government Development Bonds (GDB) issue worth RO 100,000,000.

Meethaq Islamic Banking recognised for its

This international accolade highlights Meethaq’s unmatched products and services that combine innovation, security, and convenience for customers across the Sultanate.

Ibri Industrial City attracts 16 projects with

By mid-2025, Ibri Industrial City hosted 16 projects worth RO 19.8 million, with new infrastructure and services strengthening its role as a strategic industrial and logistics hub near the Saudi and UAE borders.

BankDhofar strengthens presence with opening of

BankDhofar has opened a new branch in Al Khuwair, Bawshar, aimed at serving government and private sector employees as part of its ongoing expansion.