Oman banking sector credit growth hits 11.5%,

Data from Oman’s conventional and Islamic banks showed an 11.5 percent rise in total credit balances, reaching RO 37.4 billion by the end of May 2026.

Oman’s Q1 GDP falls 2% as oil sector weakness

GDP at current prices stood at RO10.3 billion in the first quarter of 2026, as strong gains in services and finance were outweighed by lower oil and gas activity.

BCG flags structural weaknesses in UK financial

The report argues that while the sector continues to rank among the world's largest, its contribution to domestic economic growth has weakened significantly.

Minerals Development Oman partners with

Minerals Development Oman (MDO) has signed a partnership agreement with Kazakhstan-based Solidcore Resources, which will acquire a 60% stake in a copper exploration project in North Al Batinah through a phased investment plan.

Global LNG trade hits record high, Middle East

Global liquefied natural gas (LNG) trade climbed to a record high in 2025, driven by strong US exports and a sharp rise in European demand.

Introduct partners with MTCIT to accelerate the

The collaboration supports the Ministry's efforts to prepare national talent for the digital economy by providing practical, industry-led training that bridges the gap between academic education and real workplace requirements.

Oman Travel Hub launches to showcase

New digital platform connects travellers with authentic Omani experiences, customised itineraries and local tourism businesses.

Over 200 customers set to win this summer with

Apply, Spend & Win – 1 July to 30 September 2026

Alizz Islamic Bank and Injaz Oman empower

The programme has been carefully designed to equip participants with personal, social and professional skills required to confidently navigate future education and employment opportunities.

Oil prices edge lower as OPEC+ agrees to raise

Oil prices eased slightly on Monday after the OPEC+ alliance agreed to increase production targets beginning in August, while recovering exports from major producers added to expectations of higher global crude supplies.

Khoula Hospital, Petroleum Development Oman sign

Khoula Hospital and Petroleum Development Oman (PDO) have signed a joint financing agreement to establish a new specialised orthopaedic clinic.

National Finance Company and ESO launch Green

Initiative aims to inspire the next generation in building net-zero campuses and advancing sustainability across Oman