Oman’s economy posted modest growth in the second quarter of 2025, with gross domestic product (GDP) at current prices rising by 0.6 percent to reach RO 10.17 billion.
The Organization of the Petroleum Exporting Countries (OPEC) has projected a sharp 23 percent rise in global energy demand by 2050, with oil expected to retain its dominance in the energy mix at nearly 30 percent.
Gold surged to a new peak, buoyed by growing expectations that the U.S. Federal Reserve will slash interest rates this month and as the U.S. government shutdown stretched into its second day.
For Indian consumers, this is especially heartening news, as gold continues to occupy a dual role — an adornment that carries immense cultural significance, and a safe, long-term investment that secures financial stability across generations.
The Muscat Stock Exchange (MSX) closed today’s session on a positive note, with the benchmark 30 index inching up by 7.1 points.
Bank Nizwa signed a strategic MoU with Sudan’s Omdurman National Bank to boost cross-border collaboration, advance Islamic finance, and support regional economic growth.
Meethaq Islamic Banking was honoured with the “Best Digital Application in Islamic Banking Award” at Muscat’s Themar Conference, highlighting its leadership in digital innovation and Shari’a-compliant financial solutions.
Both experiences are designed to reflect Grand Millennium Muscat’s commitment to refined hospitality and Oman’s rich culinary heritage, offering evenings filled with flavour, ambience, and live entertainment.
The Board of Directors of SOHAR Port and Freezone has announced the appointment of Eng. Raid Al Rubaiey as the new Chief Executive Officer of SOHAR Freezone and Deputy CEO of SOHAR Port, effective October 1, 2025.
The first phase of the project involves replacing a number of conventional operational vehicles with eco-friendly EVs, with pilot operations scheduled to commence during October.
The portal provides a reliable channel that enables citizens, residents and investors to access accurate information and updates on unlicensed entities engaged in securities-related activities.
Bank Muscat has partnered with Asyad Group and Aramex to launch a fast, secure card delivery service across Oman, enhancing customer convenience and banking experience.
Oman bans work visas for expats in more than 200 professions
Oman updates prohibited professions for expats, adds ‘engineers’, ‘managers’ to the list
Free AI for all? UAE becomes first to offer ChatGPT Plus to every resident and citizen
Exclusive: Oman agrees to open visas for 11 professional categories from Pakistan, says Ambassador
Oman lifts travel ban on India, Pakistan, Bangladesh and other countries
Eid Al Fitr holidays announced in Oman
