Oil prices continued to decline on Monday following the announcement that OPEC and its allies (OPEC+) will significantly increase oil production in September.
The Omani Qatari Telecommunications Company S.A.O.G. (Ooredoo Oman) has announced the appointment of Saoud Al Riyami as its new Chief Executive Officer, effective August 4, 2025
With the recent launch, the group aims to uphold its dedication to excellence while providing an unparalleled retail experience through quality products and services for the local community.
Under the terms of this new mandate, Dhofar Islamic will conduct quarterly Shariah screening of OQBI’s business and financial activities, based on the company’s published financial statements.
This year’s cohort achieved an outstanding average score of 33 points, significantly surpassing the global average of 30.58 points, reflecting the school’s ongoing commitment to academic excellence and holistic student development.
Integrated Gas Company (IGC) has approved the implementation of a RO 105 million gas pipeline project to strengthen supply to Sohar Port and Ibri’s industrial zones.
Jetour assures customers comprehensive after-sales support, including readily available genuine parts and a nationwide network of professional service centers.
Oman’s governorates recorded a significant spike in economic and commercial activity in the second quarter of 2025, with licensed commercial activities soaring by over 306% year-on-year.
Oman has pledged robust support for Chinese investments, especially in key industrial sectors aligned with national priorities and Oman Vision 2040.
Oman’s dairy sector is churning ahead, with Modern Dairy Factory, part of Oman Flour Mills Group, reporting a 142% surge in revenue during the first half of 2025.
Oil prices dropped sharply by nearly $2 per barrel on Friday, as fears over a potential increase in OPEC+ output and weaker-than-expected U.S. employment data dampened market sentiment.
Global oil prices stabilized on Friday following a sharp drop in the previous session, as markets weighed the potential fallout from new U.S. tariff threats.
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