Oman-Saudi partnership: Dema Energy launches RO 8

Dema Energy launched its flagship project in the Wilayat of Ibri, A'Dhahirah Governorate, which is an advanced centre for enhancing electrical grid balance through large flexible loads, with investments exceeding RO 8 million.

Muscat Stock Exchange index closes 0.27% lower

The Muscat Stock Exchange “30” index closed today at 8,313.98 points, down 22.9 points or 0.27 percent compared to the previous trading session, which stood at 8,336.85 points.

NextGen Tech 2026 showcases innovation, talent,

A forward-looking academic platform that fosters technological advancement, collaborative engagement, and student-driven innovation in support of Oman Vision 2040

SMEs grow with RO 45.4 million financing push,

Oman’s Small and Medium Enterprises Development Authority, Riyada, has approved 521 financing requests worth RO 45.4 million by the end of December 2025.

Oman’s industrial sector gets a lift with

The Ministry of Commerce, Industry and Investment Promotion is ramping up efforts to strengthen Oman’s industrial sector, with a renewed focus on incentives, technological transformation, and streamlined procedures.

OQEP secures 35% stake in Block 27, boosting

OQ Exploration and Production (OQEP) has signed an agreement to acquire a 35 percent non-operating stake in Block 27, reinforcing its position in Oman’s oil and gas sector.

Joyalukkas celebrates historic entry into

The grand opening took place in Melbourne on 12 April 2026, welcoming Australia as the newest and most exciting chapter in Joyalukkas' ever-growing international story.

Oil prices fall as potential US–Iran talks

Global oil prices declined for a second straight session as expectations of renewed talks between the United States and Iran eased supply concerns.

Dollar hovers near six-week lows as US-Iran talks

The dollar index, which tracks the greenback against a basket of six major currencies, stood at 98.13, hovering near its weakest level in more than six weeks.

Omantel Innovation Labs launches Cohort 7:

Following a rigorous selection process, hundreds of applications were reviewed, with eight standout ventures chosen for their strong potential to create meaningful impact across AI, fintech, cybersecurity, health-tech, energy, logistics, and smart solutions.

Liva Insurance’s ‘Know Your Numbers’

Over the three-day activation, the campaign recorded over 450 digital registrations and delivered more than 800 health check-ups across its public activation at Mall of Oman, as well as extended screenings conducted at partner locations including Sohar International, Madayn, and Awasr offices.

Bank Muscat posts net profit of RO 63.95 million

The Bank posted a net profit of RO 63.95 million for the period compared to RO 58.56 million reported during the same period in 2025, an increase of 9.2 per cent.