Booming investments propel Oman’s green industries forward
The Public Authority for Special Economic Zones and Free Zones (OPAZ) has revealed that the total invested capital in Oman’s special economic zones, free zones, and industrial cities has exceeded a staggering RO 17 billion as of June 2023. This significant growth, as reported in the 34th edition of the Duqm Economist quarterly magazine by […]
Oman’s annual inflation rate reaches 0.62%
The annual inflation rate in the Sultanate of Oman reached 0.62% by the end of December 2023, according to monthly survey data on consumer prices released by the National Centre for Statistics and Information (NCSI). The inflation rate was driven by the increase in most major components of the Consumer Price Index, particularly the […]
Oman, Saudi meet discusses investment opportunities in North Al Sharqiyah
Omani and Saudi entrepreneurs discussed economic and trade investment opportunities between the two countries during a meeting held in North al Sharqiyah Governorate, organised by the Office of the Governor of North al Sharqiyah and the branch of the Oman Chamber of Commerce and Industry in the governorate. The meeting took place as part […]
Oman participates in 9th annual meeting of Arab Under-Secretaries of Finance Ministries
Oman, represented by the Ministry of Finance, participated in the 9th Annual Meeting of Arab Finance Ministry Representatives held in Abu Dhabi, United Arab Emirates. The meeting was organized by the Arab Monetary Fund. The meeting addressed several topics related to the financial policy risks amid declining growth rates and increasing financing costs. Discussions […]
OQ8 set to lift Oman’s total refining capacity
The Duqm Refinery and Petrochemical Industries Company (OQ8), a joint venture between Oman’s OQ Group and Kuwait’s Kuwait Petroleum International (KPI), stands as a testament to the region’s growing economic and industrial prowess. Situated in the expansive Special Economic Zone at Duqm (SEZAD), OQ8 is not just a refinery; it’s a beacon of regional […]
Talabat Oman reigns supreme as most trusted brand for second year
Talabat Oman has once again emerged victorious, clinching the coveted title of Oman’s Most Trusted Food Delivery and Quick Commerce Brand at the 2024 Most Trusted Brand Awards. Bestowed during a prestigious ceremony at the Sheraton Hotel by Apex Media, the award underscores Talabat’s unwavering commitment to tech-driven innovation, continuously transforming the delivery experience for […]
