Oman’s manufacturing sector targets RO 10.7

Oman is accelerating its shift towards a technology-driven and higher-value industrial economy, with the Sultanate targeting a manufacturing contribution of more than RO 10.7 billion to GDP by 2040 under its Industrial Strategy 2040.

Asia-Pacific airlines including India may keep

"Even as jet fuel prices ease, we believe airlines may not be inclined to reduce fares quickly since demand has proven to be more inelastic," S&P Global Ratings said in its latest report.

Bank of Beirut to exit Oman after 20 years,

The Lebanese lender has received regulatory approval to end its banking operations in the Sultanate, with customers given until October 23 to withdraw deposits and settle outstanding obligations.

Omantel’s Otech, DeepAstra launch sovereign AI

Omantel’s technology arm, Otech, and DeepAstra have launched a sovereign artificial intelligence platform in Oman, offering organisations, developers and businesses access to multiple AI models through a unified application programming interface (API).

Oman’s oil prices slide below $92 as global

The official price of Oman crude oil for delivery in October fell sharply on Tuesday, August 25, settling at $91.86 per barrel, down $5.53 from the previous day's price of $97.39.

With the new school year approaching, plan for

The initiative reflects BankDhofar's ongoing commitment to promoting financial literacy while encouraging prudent financial planning and long-term saving habits.

Nifty, Sensex end lower as Iran sanctions, high

Brent crude oil remained elevated at USD 93 per barrel at the time of reporting. Gold prices continued to remain high.

Oman oil price falls $2.22 to $97.39 per barrel

The official price of Oman crude oil for delivery in October fell by $2.22 on Monday to $97.39 per barrel, compared with $99.61 recorded at the end of the previous trading session.

Meethaq Islamic Banking Platinum Sponsor of the

Throughout the 3-day event, Meethaq’s team engaged with students and participants, introducing them to a range of Shari’a-compliant banking products and services designed to meet different financial needs and aspirations.

Oman FSA issues new regulation on insurance loss

Oman’s Financial Services Authority (FSA) has issued a new regulation governing insurance loss assessment and estimation activities.

Oman’s public revenue jumps 13% to RO 6.6

Oman’s public revenue rose 13% to RO 6.602 billion by the end of the second quarter of 2026, while government spending increased 9% over the same period, according to official figures.

46 new investment opportunities open in

North Al Sharqiyah Governorate has offered 46 investment opportunities across agricultural, livestock and fisheries sectors in 2026, with 22 contracts valued at around RO 74.3 million signed and currently completing final procedures.