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First coffee farm opens in Jabal ShamsFirst coffee farm opens in Jabal Shams
In a strategic move to develop high — altitude agriculture and expand Oman’s specialty crop portfolio, Coffee Farm Company, led by founder and CEO Said al Wardi, has launched a […]
Oman oil price reaches $70.52 per barrelOman oil price reaches $70.52 per barrel
The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday’s price of $70.70. The monthly […]
Oman, UAE sign deal to launch Al-Rawdah SEZ
The Public Authority for Special Economic Zones and Free Zones (OPAZ) has entered into a landmark agreement with Mahdah Development Company—an Omani-Emirati partnership represented by DP World—to develop and operate […]
Green energy for Oman’s smart city projects
Oman’s national grid will be suitably expanded and modernized to help meet a dramatic leap in the green energy requirements of a slate of Smart Cities and sustainable urban development […]
Launch of 9th issuance of Local Sovereign Sukuk announced
The Oman Sovereign Sukuk Company SAOC, acting on behalf of the Government of the Sultanate of Oman through the Ministry of Finance, has announced the launch of the 9th issuance […]
Oman real estate market poised for growth amidst economic diversification
The Sultanate of Oman’s real estate market demonstrated resilience in the first half of 2025, despite global economic uncertainties, according to the latest market research report by Hamptons International. The […]
OETC completes full repayment of $ 1 billion “Lamar” bonds
Oman Electricity Transmission Company (OETC), a member of the Nama Group, has announced the full repayment of its $ 1 billion “Lamar” bonds, which were issued in 2015 to finance […]
Asyad Group strengthens stake in Asyad Shipping
In a decisive move to reinforce market confidence, wholly state-owned integrated logistics enterprise Asyad Group SAOC has acquired 21,591,628 shares of newly listed Asyad Shipping SAOG at an average price […]
OFM expands global reach to strengthen food security
Oman Flour Mills (OFM), one of the largest integrated food companies in the Sultanate of Oman, has launched a series of strategic projects, reinforcing its commitment to strengthening food security […]
Oman’s national shipping company to acquire six newbuild vessels by 2026-27
Newly-listed national shipping company Asyad Shipping recorded a net profit of RO 51.6 million for the year ended December 31, 2024, compared to net earnings of RO 39.5 million for […]