Private sector value added tops RO 8.6 billion
MUSCAT: The number of active private establishments in the Sultanate of Oman rose marginally by 0.2 per cent in the fourth quarter of 2025 to reach 268,286, compared with 267,734 i…
RO 45.4 million finances 521 SME projects
MUSCAT: The Small and Medium Enterprises Development Authority (Riyada) reported that 521 financing applications were approved from its loan portfolio by the end of December 2025,…
Oman’s OETC to invest RO 376 million in battery energy storage projects
MUSCAT: Oman Electricity Transmission Company (OETC), the sole owner and operator of the country’s national grid, is placing battery energy storage systems (BESS) at the centre of…
Nama Water expands treated water reuse drive
MUSCAT: Nama Water Services is advancing treated water reuse as part of a broader strategy to enhance water security and support the green economy, focusing on maximising the econo…
In Oman’s banking sector, bigger is not the real story
At first glance, the debate seems simple: fewer banks, bigger institutions, stronger system.But Oman’s banking sector is not that simple — and reducing it to size alone risks missi…
Oman-UAE railway project is 40% complete: Hafeet Rail
Muscat – Hafeet Rail Company (Hafeet Rail), a joint venture project between Etihad Rail, Oman Rail and Mubadala Investment, has announced the completion of 40 Percent of the total…
Oman Air expands services to Calicut, Mumbai, Dhaka
Oman Air has also expanded services to the Indian Subcontinent, increasing frequencies to Calicut from six to ten weekly starting from April 21, alongside added capacity to Mumbai…
No date set for next round of Iran-US talks
Antalya – No date has been set for the next round of Iran-US peace talks brokered by Pakistan following the failure of an initial round, Iran’s deputy foreign minister said on Satu…
Iran closes Hormuz Strait again, ships reverse course
Iran’s military declared the Strait of Hormuz closed again on Saturday, its military command said, hours after reopening it and with numerous commercial ships abandoning attempts t…
Beware of AI-related online scams: ROP
Muscat: Royal Oman Police (ROP) has warned that financial scams that continued to take place are not necessarily by hacking but through fraudulent calls. phishing and fake messages…