The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the ...

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

As Oman transitions into a digital economy, cybersecurity has emerged as a key area of focus, bolstered by the transformative potential of ...

The two Mexicans had been held for over a year after Houthis rebels hijacked their commercial ship, the Galaxy Leader, in ...

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

Beauty ecommerce giant Nykaa’s parent FSN E-Commerce Ventures has incorporated a new wholly-owned subsidiary, Nysaa Cosmetics SPC, in Oman.

MUSCAT: The International Monetary Fund (IMF) has lauded Oman’s economic progress, bolstered by strong hydrocarbon revenues and steadfast ...

A: The Manah 2 Solar Power Project is a milestone in Oman’s journey toward achieving its renewable energy goals and net zero emissions targets. The inauguration of these two mega solar projects ...

The UAE topped the Gulf Cooperation Council (GCC) countries in the 2025 Cost of Living Index, followed by Bahrain, Qatar, ...

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 ...

Oman has achieved a remarkable improvement in its economic fundamentals. The fiscal and external positions have strengthened significantly, while nonhydrocarbon growth is picking up amid low inflation ...

Oman-based SaaS provider Sampo AI has closed its pre-seed funding round, securing $750,000 co-led by Omantel Innovation Labs ...