Over 900,000 guests and counting, Oman’s

Oman’s hospitality sector is showing strong signs of growth, with revenues from 3 to 5-star hotels surging by 18.5% to reach RO 128.426 million by the end of May 2025

Bitcoin records historic high of $118K with

Shares of US-listed cryptocurrency companies soared as Bitcoin surged to a record high of $118,071.19—just days ahead of a pivotal week in Washington, where Congress is set to debate long-awaited crypto legislation.

Oil prices edge up amid US-Russia tensions and

Oil prices saw a slight uptick in Asian markets, buoyed by anticipation of a potential U.S. announcement on Russia and fresh sanctions.

Moody’s Investor Service upgrades Oman to

Moody’s Investors Service has upgraded Oman’s credit rating from Ba1 to Baa3, elevating the Sultanate to investment-grade status with a stable outlook.

OPEC revises global oil forecasts, projects over

OPEC has trimmed its short-term global oil demand forecast due to slowing economic activity in China, but the organization remains bullish on long-term energy consumption.

Oman boosts global ties to fight money laundering

To fight against money laundering and terrorism financing, Oman’s National Centre for Financial Information (NCFI) has signed four international memoranda of understanding during the Egmont Group’s General Meeting in Luxembourg.

Muscat Stock Exchange inches up as trading slows,

The Muscat Stock Exchange (MSX) ended on a modest high, with the MSX 30 index ticking up by 5.9 points or 0.13%, even as trading value dipped sharply.

Raysut Industrial City boosts Oman’s

Raysut Industrial City, part of the Public Establishment for Industrial Estates (Madayn), is witnessing rapid growth in the medical industries sector, with total investments exceeding RO 55 million.

Bank Muscat receives global certification for

Bank Muscat, the leading financial services provider in the Sultanate of Oman, announced it has obtained the Payment Card Industry Data Security Standard (PCI DSS) Version 4.0 certification, the latest and most robust global standard for protecting payment card data.

Oman launches first energy transition fund worth

Initial capital base of US$200 million, acting as a catalyst to unlock further capital and attract high-quality, scalable investment opportunities aligned with Oman Vision 2040.

Oman’s Duqm emerges as global hub for green

Duqm's Special Economic Zone (SEZAD) is cementing its reputation as a global leader in low-carbon heavy industry, with Singapore-based Meranti Green Steel (MGS) announcing a significant step in its planned green steel project in the Sultanate.

Bank Nizwa unlocks new horizons for fintech with

The solution empowers fintechs and partners to design innovative financial solutions within a framework that upholds the highest standards of regulatory integrity and full compliance with Islamic Sharia principles.