Oil prices edge lower as OPEC+ agrees to raise

Oil prices eased slightly on Monday after the OPEC+ alliance agreed to increase production targets beginning in August, while recovering exports from major producers added to expectations of higher global crude supplies.

Khoula Hospital, Petroleum Development Oman sign

Khoula Hospital and Petroleum Development Oman (PDO) have signed a joint financing agreement to establish a new specialised orthopaedic clinic.

National Finance Company and ESO launch Green

Initiative aims to inspire the next generation in building net-zero campuses and advancing sustainability across Oman

Oman invites bids for development and operation

The Ministry of Transport, Communications and Information Technology has invited expressions of interest (EOIs) for the development, management and operation of a Gaming Industry Hub in Oman.

Oman’s FSA removes Global Financial Solutions

The Financial Services Authority has deregistered Global Financial Solutions from the register of licensed accounting and auditing practitioners after identifying multiple professional and regulatory violations, including allowing unlicensed individuals to perform audit work and failing to comply with international auditing standards.

Oman’s GDP grows 2.6% to RO 9.69 billion in Q1

Oman’s gross domestic product (GDP) at constant prices rose by 2.6 percent in the first quarter of 2026, reaching RO 9.69 billion, compared with RO 9.44 billion in the same period of 2025.

Petroleum Development Oman signs agreements to

Petroleum Development Oman (PDO) has signed agreements with the Health Ministry to support healthcare projects in Oman, including a new specialised orthopaedic clinic at Khoula Hospital and funding for an Accident and Emergency unit at Al Jazer Hospital.

India-Oman CEPA expected to boost trade,

Speaking during his first media interaction since assuming office as India’s Ambassador to Oman, Pise met representatives of the local and international media at the Embassy of India in Muscat, where he outlined his priorities for strengthening bilateral relations and enhancing economic engagement between the two nations.

Muscat Stock Exchange ends four-week losing streak

The main index of the Muscat Stock Exchange rebounded last week, rising by 258 points to close at 7,575 points, recovering from a four-week losing streak during which it shed 458 points.

Petroleum Development Oman to sign over RO 3

Petroleum Development Oman (PDO) will sign a series of social responsibility agreements worth more than RO 3 million on Sunday, covering key sectors including education, health, environment and youth capacity-building, the company said.

Local partnership launches Oman Real Estate

The establishment of Oman Real Estate Development Fund was announced today, focusing on investment opportunities related to real estate development projects in the Sultanate of Oman.

UTAS Academic Council reviews graduate outcomes

At the beginning of the meeting, the Council reviewed the graduation results for the Spring Semester of the 2025/2026 academic year.