The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed seven agreements and memoranda of understanding (MoUs) for the Al Dhahirah Economic Zone, marking the start of operations in the zone.
MCBS played a key role in organizing the forum in collaboration with QS, demonstrating its commitment to academic excellence and regional collaboration.
With over 2,750 artisans and cutting-edge technology and R&D, the unit will power Malabar Gold & Diamonds’ global retail expansion.
Oman and Saudi Arabia have officially launched the second phase of their industrial integration initiatives.
Opec+ has announced a larger-than-expected oil production hike for August, raising output by 548,000 barrels per day
Oman’s banking sector recorded strong momentum by the end of May 2025, with total credit rising by 8% year-on-year to reach RO 33.6 billion
The Ministry of Commerce, Industry and Investment Promotion has rolled out a suite of integrated digital platforms aimed at making Oman a regional benchmark for ease of doing business
The Muscat Stock Exchange (MSX) posted one of its strongest monthly performances of the year in June, with trading value soaring to RO 229.4 million a 53.5% jump from May.
Oman’s economy posted a steady 2.5% growth in real GDP by the end of Q1 2025, reaching RO 9.43 billion at market prices—up from RO 9.2 billion during the same period in 2024.
Sharjah is calling on entrepreneurs and SMEs with a promise that’s hard to ignore—lower operational costs, high-traffic locations, and commercial pathways designed for long-term success.
Global oil prices saw marginal movement, buoyed by strong U.S. labour market data that reinforced expectations of steady interest rates from the Federal Reserve.
Gold prices held steady as investor sentiment brightened following the approval of former U.S. President Donald Trump’s tax and spending cuts bill in Congress.
Oman bans work visas for expats in more than 200 professions
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