Jindal Steel Oman and Oman Cement Company have signed a three-year Memorandum of Understanding (MoU) to support the sustainable utilisation of approximately 1 million tonnes of steel slag in Oman Cement Company’s clinker manufacturing process.
Nama Electricity Distribution Company continues to implement a package of developmental electrical projects in the Governorate of Musandam.
Total electricity production in Oman increased by 4.3 percent by the end of August 2026, reaching 37,481.8 gigawatt-hours (GWh), compared with 35,935.3 GWh during the same period in 2025.
Regional recognition highlights Al Mouj Muscat’s success in supporting local enterprise and driving retail growth through community-led initiatives at Al Mouj Walk.
The Fund offers an opportunity to corporates, institutions and individuals to manage short-term and surplus liquidity while generating optimum returns, preserving capital and maintaining daily liquidity in a shari’a-compliant manner.
The Centre will focus on practical training in Industrial skills including Advanced Manufacturing & Automation, combining Sohar University’s academic expertise with Jindal Steel’s extensive industrial experience.
The US Department of Energy has authorised an emergency exchange of up to four million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to help address supply disruptions caused by Hurricane Isaias in the Gulf of Mexico.
The signings reflect the Sultanate of Oman's growing attractiveness for specialised investments in the pharmaceutical and medical industries, and reinforce its drive to develop integrated industrial clusters in this sector.
The inclusion of the Muscat Stock Exchange (MSX) on FTSE Russell’s Watch List strengthens Oman’s standing on the global investment radar and marks an important step towards its potential reclassification as a Secondary Emerging Market.
The Monetary Policy Committee (MPC) unanimously raised the repo rate by 25 basis points to 5.5 per cent and shifted its policy stance from ‘neutral’ to ‘calibrated tightening’ on Wednesday.
The divergence suggests that higher crop prices have yet to translate into stronger demand for crop protection chemicals, putting pressure on agrochemical manufacturers ahead of their September-quarter earnings.
Earlier this year, BankDhofar launched EasyBiz, and since its launch, the platform has received strong interest across sectors including insurance, exchange houses, education, oil and gas, and logistics.
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