Renaissance acquires Socat as part of new growth

The acquisition further consolidates Renaissance’s market leadership and expands its service capabilities across the Sultanate.

Raysut Industrial City powers ahead with RO

Raysut Industrial City in Salalah has recorded a strong investment momentum in 2025, securing 36 new applications and converting 20 into projects worth over RO 38.2 million.

Oman’s oil exports climb 2.2% as production

Oman recorded a steady rise in oil exports and production during the first two months of 2026, even as global oil prices witnessed a noticeable decline.

Oman’s FDI hits RO 31.38bn, marks strong 8.1%

Oman recorded an 8.1 percent growth in foreign direct investment (FDI) by the end of the fourth quarter of 2025, with total investments reaching RO 31.38 billion.

Oman crude oil price rises to $101.88 per barrel

The official price of Oman crude oil for delivery next June reached $101.88 today.

US dollar wavers amid geopolitical tensions, oil

The US dollar fluctuated on Thursday, April 9, after posting significant losses, as investors remained cautious while assessing the durability of a fragile ceasefire between the United States and Iran.

SME committee at OCCI discusses enhancing “My

Discussions focused on the project’s progress stages, the level of coordination with relevant entities, and ongoing efforts to attract offers and tailored benefits for entrepreneurs benefiting from the platform.

Sohar International concludes Ramadan contest

The grand draw, held after the Eid holiday, was attended by Eng. Aisha Al Saifi, Chief Technology Officer, and Dr. Mazin Al Raisi, Chief Marketing Officer.

FSA hosts dialogue session on sharia compliance

The session shed light on ongoing efforts to enhance Oman’s fintech ecosystem through a coordinated regulatory approach led by both the Financial Services Authority and the Central Bank of Oman.

Oman crude oil price falls $20.25 per barrel

The official price of Oman crude oil for June delivery fell to $99.06 per barrel today, marking a decrease of $20.25 from yesterday’s price of $119.31.

Bank Muscat expands network and inaugurates

This comes in line with the bank’s strategic plan to develop its branch network and expand its services to meet the needs of various segments of society.

Gas prices in Europe fall by 20 percent

Natural gas prices in Europe fell sharply during trading today after the United States and Iran reached a two-week truce agreement that will temporarily reopen the vital Strait of Hormuz, easing pressure on global energy markets.