Bank Muscat wins global recognition for its role

Bank Muscat was the sole Omani bank appointed as a joint bookrunner, alongside a consortium of regional and international banks.

RO 87 million in new investments power growth in

Sohar Industrial City, under Madayn’s umbrella, is witnessing a robust surge in investment activity in 2024, having received 62 new investment applications—38 of which have been localized—amounting to over RO 87 million.

Oman’s Shinas Port sets sail for major

QS Maritime, operator of Shinas Port, has announced plans to commence development work on the port by the end of this year, with investments surpassing RO 77 million.

Muscat Stock Exchange climbs for second week,

Muscat: The financial sector index rose 21

Oman’s Port of Salalah defies Red Sea

The Port of Salalah has cemented its position as one of the Middle East’s fastest-growing maritime trade hubs, recording major growth through 2024 and early 2025.

FICCI appoints Adeeb Ahamed to steer

The Federation of Indian Chambers of Commerce and Industry (FICCI) has appointed Adeeb Ahamed, Managing Director of LuLu Financial Holdings, as the chair of FICCI Arab Council for 2025-26.

Net profits of Oman’s OQEP exceeds RO 74

OQ Exploration and Production (OQEP) announced financial results of the first quarter of 2025, which shows a net profit of approximately RO 74.87 million.

First hybrid solar AC launched in Oman

Middle East Pearl International aligns innovation with Oman Vision 2040 in a landmark energy-saving move by launching a unique air conditioner.

Gold gains sparkle again as US Federal Reserve

Gold prices climbed sharply, buoyed by fresh concerns from the US Federal Reserve over inflation and labour market risks.

Alfardan Properties launches the exclusive

Having been successfully launched previously in Qatar, these programs have now been introduced to enhance the lifestyle of distinguished residential and commercial tenants based in premier mixed-use developments in Oman: Alfardan Heights and Finaa Alfardan.

Oman’s Asyad unveils ‘Sohar Max’ vessel;

Asyad Group has announced the launch of the massive cargo vessel ‘Sohar Max’, utilising wind propulsion technology to achieve superior environmental efficiency.

Muscat Stock Exchange hosts fifth edition of MSX

The event serves as an educational and networking opportunity that benefits attendees across generations and sectors, fostering a culture of informed decision-making and strategic foresight.