Asyad Group, a logistics business owned by Oman’s sovereign wealth fund, has announced plans to float its shipping unit on ...

Oman Oil Marketing Company (OOMCO) and TFG Marine , the leading international marine fuel joint venture founded by Trafigura, ...

The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation with Oman on January 14 and considered and endorsed the staff appraisal without a meeting on a ...

Muscat – Oman’s oil production has experienced a notable decline, with total output falling by 5.1% to 332.7mn barrels in the first 11 months of 2024, down from 350.5mn barrels in the same period last ...

Oman’s economic outlook remains positive, supported by comprehensive reforms and strategic efforts toward diversification ...

Oman’s gross domestic product (GDP) at constant prices is projected to grow to OR39.43 billion ($102.42 billion) in 2025, up ...

MUSCAT: Oman exported 282.192 million barrels of oil by November 2024, accounting for 84.8 per cent of total production, with ...

The new $2.6 billion Smart City in Oman challenges Dubai’s urban model with low-rise buildings and sustainable design.

Innovation serves a very important purpose of movement within the economy’s growth, improving the competitiveness as well as the scope for survivability ...

Oman Oil Marketing Co. (OOMCO) and TFG Marine, a leading international marine fuel joint venture (JV) founded by Trafigura, Frontline and Golden Ocean, have established a bunker fuel JV to supply ...

The steel industry is critical to global development, driving infrastructure, manufacturing, and economic growth. Among the ...

Oman's state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initial public ...