Oman’s Suhar Industrial City attracts six new

Sohar Industrial City has announced the localisation of six new investment projects during the second half of 2025.

OQEP CEO Ahmed Al Azkawi steps down, Mahmoud Al

Al Hashmi, who currently serves as the Chief Operating Officer of OQEP, will assume the responsibilities of the CEO until a permanent appointment is made.

Royal Jet names Mohammed Mahfoodh Al Ardhi as

Mohammed Mahfoodh Al Ardhi, a globally respected business leader and the Executive Chairman of Investcorp, brings decades of experience in corporate leadership.

Spinneys to enter Kuwait market with 10 Stores

UAE retailer partners with Kuwait’s Alshaya Group in a joint venture, marking its fourth GCC expansion after the UAE, Oman, and Saudi Arabia.

Muscat Stock Exchange surpasses 5,000 points

The Muscat Stock Exchange (MSX) 30 index closed at 5,004.65 points, marking a rise of 43.8 points, or 0.88 percent, compared to the previous session.

Meethaq Islamic Banking successfully organises

Meethaq Islamic Banking held a “Back to School” event at Oman Mall, engaging children with educational activities and games while showcasing its wide range of Sharia-compliant financial solutions.

BankDhofar named ‘Best Customer-Centric Banking

BankDhofar wins “Best Customer-Centric Banking Brand – Oman 2025” at Global Brand Awards, reaffirming its leadership in innovation, service excellence, and customer-focused banking.

Bank Muscat’s digital platforms: A world of

Bank Muscat strengthens its digital transformation journey by offering over 100 secure, 24/7 Internet and Mobile Banking services, bringing convenient and customer-centric banking closer than ever.

Oman’s banking deposits hit RO 33 billion,

The Omani banking sector recorded total deposits of around RO 33 billion by the end of June 2025.

Private sector credit rises to RO 21.5 billion in

Conventional commercial banks in Oman reported steady growth between June 2024 and June 2025, with credit balances, investments, and deposits all recording increases.

Muscat Stock Exchange rises for 9th week despite

The Muscat Stock Exchange (MSX) closed last week on a positive note, with its main index rising 30 points to 4,960, marking its ninth consecutive week of gains despite declines across sectoral indices.

Abraj secures OMR 85m, five-year rig contract

Abraj Energy Services secures a five-year, OMR 85m rig contract extension with Occidental Oman, reinforcing its role in the Sultanate’s energy sector.