Oman secures $1 billion battery materials project
MUSCAT: Oman has secured a major investment in the fast-growing global battery supply chain with the launch of a $ 1 billion project to produce lithium-ion battery anode materials…
Oman launches investment projects with guaranteed buyers
MUSCAT: The Ministry of Commerce, Industry and Investment Promotion has unveiled a new package of investment opportunities backed by guaranteed purchase agreements, a move designed…
Bond and sukuk listings in Oman reach RO 589 million
MUSCAT: New listings on the Muscat Stock Exchange’s bonds and sukuk market have exceeded RO 589 million this year, underscoring growing activity in fixed-income instruments and exp…
Oman pilot well boosts case for natural hydrogen
MUSCAT: A pilot well drilled into the Semail Ophiolite formation has produced significant hydrogen gas flows, further strengthening evidence that peridotite rocks—abundant in Oman—…
Trading hours extension to boost market liquidity
MUSCAT: The Muscat Stock Exchange (MSX) will extend its trading hours from Monday in a move aimed at enhancing market liquidity, improving price discovery and broadening opportunit…
IMF, World Bank, others warn Middle East war is straining energy supplies
WASHINGTON: The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organisation warned on Friday that the war in the Middle East wa…
MSX rebounds as market capitalisation gains RO 327 million
MUSCAT: The Muscat Stock Exchange (MSX) staged a strong recovery last week, with its benchmark index rising 143 points to close at 7,775 points after four consecutive weeks of decl…
Inflation fight again putting central bank independence under strain
DUBROVNIK, Croatia: Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting political interferenc…
Why economic communication must move beyond visibility
A polished video can fill a screen in 15 seconds. It cannot tell an investor when a project will reach financial close, how much capital has actually been committed, how many Omani…
Oman’s MSC warns of a sea mine in Hormuz
Muscat: The Oman Maritime Security Center (MSC) has sighted a floating object suspected to be a sea mine west of the coastal traffic area in the Strait of Hormuz within Omani terri…