News Updates
Muscat: Oman is taking another major step toward a smarter and more digitally connected economy with the launch of the electronic “Rafid” tax system and the country’s first tax invoice, unveiled during the third Tax Conference 2026 in Muscat. The…
Muscat, Oman — Oman is preparing to strengthen air connectivity in the north of the Sultanate with plans for a new passenger terminal at Sohar Airport, a move that could open the door to more regional destinations and provide travelers…
Muscat, Oman — People holding older Omani banknotes are being urged to pay attention to any applicable withdrawal or redemption deadlines set by the Central Bank of Oman (CBO). The Central Bank of Oman is the country’s official monetary authority…
A New Oman Is Rising Something remarkable is happening in Oman. Across the deserts, coastlines, ports and growing cities of the Sultanate, a new economic story is taking shape. Massive investment projects are emerging. New industries are being developed. International…
Bank Muscat entered 2026 with stronger profit, higher deposits, growing loans, and improving asset quality.The bank also remains the largest banking institution in Oman.Its 2025 audited results show a healthy business. Net profit increased faster than operating income. Non-interest income…
Omantel entered 2026 after reporting one of its strongest financial years in recent history.Revenue increased. Profit jumped. Cash generation improved. Earnings per share rose sharply. The company also maintained its long-standing dividend policy.However, investors should look deeper than the headline…
Investment Summary OQ Exploration and Production SAOG, or OQEP, remains one of the strongest cash-generating companies listed on the Muscat Stock Exchange.The company faced lower oil prices during 2025 and early 2026. However, higher sales volumes, low production costs and…
Oman is entering an exciting era of science, innovation and advanced technology. Famous for its maritime history, strategic location and natural beauty, the Sultanate is now looking towards outer space. The Oman Space Program is developing satellites, launch infrastructure, research…
For decades, Oman has been recognized as one of the Middle East’s leading energy producers. Oil and natural gas have fuelled economic growth, financed national development, and helped build modern cities, world-class infrastructure, and thriving industries.Today, however, the Sultanate is…
Over the last two decades, Oman has quietly built one of the Gulf region’s most modern and reliable infrastructure networks. From state-of-the-art ports and international airports to smart highways, industrial cities, renewable energy projects, and advanced logistics corridors, the Sultanate…