Oman to build first locally manufactured tugboat

A strategic agreement to build Oman’s first locally manufactured tugboat for Oman LNG was signed today between Asyad Drydock, a subsidiary of Asyad Group, and Svitzer.

Sohar International Champions best practices in

Sohar International was recognized as ‘Sponsor of the Year’ at the OPAL Best Practices Awards, organized by the Oman Energy Association (OPAL).

Oman’s OQ Refineries and Petroleum Industries

OQ Refineries and Petroleum Industries posted record-breaking refining and petrochemical production in 2025, marking a major milestone in its operational journey.

Broad money supply in Oman grows by 6.4% to RO

Broad money supply in the Sultanate of Oman witnessed a growth of 6.4 percent on an annual basis to reach RO 26.4 billion by the end of November 2025.

Adani Power raises Rs 7,500 crore through NCD;

According to sources, major investors in the NCD issue include SBI, ICICI Bank, Axis Bank, and Kotak Mahindra Bank, among others.

RO 4.6 million AC manufacturing plant in Salalah

Salalah Free Zone announced the commencement of actual operations at a factory specialised in the production of air conditioning units.

Khimji’s House of Travel to hold SOTC

In addition to Europe and the USA, the holiday carnival will also showcase SOTC Travel’s diverse global holiday portfolio, including tours to South East Asia, Japan, China, Africa, Australia and New Zealand.

Central Bank of Oman offers issues no. 80 and 81

The Central Bank of Oman (CBO) has announced the offering of two new government development bond issues, No. 80 and No. 81, for public subscription through a competitive auction.

Oman invests RO 5.8 million in two new fishing

The Ministry of Agriculture, Fisheries and Water Resources is implementing projects to construct two fishing harbours in Hasik and the Hadbeen area in the Wilayat of Sadah, Dhofar Governorate, at a total cost of RO 5.8 million.

SOHAR Port and Freezone consolidates Its position

As a fully integrated port and freezone, it sits at the intersection of trade, industrial policy, and investment reform, serving as a national platform for diversification, connectivity, and in local content creation.

Oman’s Kunooz Holding partners Belgium’s Etex

Joint venture includes Etex acquiring a 25% stake in Kunooz Gypsum, marking the global construction group’s first manufacturing footprint in Oman.

Dhofar Islamic signs pact with Endowments and

The agreement marks a key step in strengthening institutional collaboration and providing value-added services that ensure the comfort of pilgrims while enriching their spiritual journey through innovative, Sharia-compliant financial solutions.