Oman’s Sohar Power appoints Ameer Abdul Hussain

Sohar Power Company SAOG has appointed Ameer Abdul Hussain as its new Chief Executive Officer, effective October 12, 2026, according to a disclosure on the Muscat Stock Exchange.

Bank Muscat celebrates Omani Women’s Day with

On the health and wellbeing side, Bank Muscat is offering its Health & Beauty Loan at a reduced interest rate 4%.

Muscat Stock Exchange hosted the Federation of

Four panel discussions explored capital market development, investment opportunities, and regional and international cooperation.

IMF raises 2026 global growth forecast to 3.1%,

The International Monetary Fund (IMF) has raised its forecast for global economic growth in 2026 to 3.1% from 3% projected in July, as investment in artificial intelligence infrastructure helps offset the impact of the Middle East conflict and higher energy costs.

Oman’s FSA revokes Thara Global Business

Company removed from securities sector register after failing to meet financial requirements during a three-month suspension.

OMRAN Group signs development deals worth more

Three agreements cover integrated residential and tourism projects in Madinat Al Irfan and the Yiti development.

Modern College of Business and Science and Boeing

New ‘Sky Futures Oman’ initiative to equip students with skills in aviation, sustainability and emerging aerospace technologies.

Bank Muscat supports knowledge & innovation

The bank is the banking sponsor of the festival

Asian stocks mixed as oil prices decline

Asian stock markets posted mixed performance on Monday, while oil prices fell by around $1.50 a barrel.

BankDhofar celebrates Omani Women’s Day with

Available for a limited period from October 13 to 20, 2026, the special promotion underscores BankDhofar’s commitment to empowering women financially and supporting them in achieving their personal, professional and lifestyle aspirations. 

Oman crude oil price rises by US$1.34

The official price of Oman crude oil for December delivery reached USD 109.70 per barrel.

Oil prices drop as Russia and Ukraine agree to

Oil prices fell amid expectations of increased Russian supplies after US President Donald Trump announced that Russia and Ukraine had agreed to halt attacks on each other’s energy facilities.