Oman’s Islamic banking assets cross USD 26 billion milestone
Sharia-compliant lenders expand faster than conventional peers as corporate financing and regulatory reforms reshape the sector...
Tag : Oman
Oman posts USD 31.5 million budget deficit in 2025, says report
As per the ministry, the deficit was 26% lower than the budgeted deficit of OMR 620 million (USD 1.61 billion), primarily due to higher energy revenues...
All you need to know about Hafeet Rail, envisioned to deepen Oman-UAE ties
Sohar Port, a deep-sea port in the Sultanate of Oman, located midway between Muscat and Dubai, will be among the project's primary beneficiaries...
Oman’s Islamic banking reorients itself to financing “Vision 2040” tasks
As per Hussain al Lawati, CEO of the Development Bank, Islamic finance in Oman has transformed from a late entrant into a substantial component of the Sultanate’s banking system...
Oman, UAE activate “Logistics Corridor” initiative to ease cargo flow
The "Logistics Corridor" links Oman’s ports and industrial zones with Sharjah’s ports and land transit network through the Khatmat Malaha border crossing...
Al Rawdah SEZ in focus as DP World, Oman discuss project’s next phase
The Al Rawdah Special Economic Zone is being developed close to the UAE-Oman border, with direct connectivity to Sohar Port and Jebel Ali Port...
Saudi Arabia leads GCC fixed income market in Q1 2026 surge
Saudi Arabia GCC fixed income market dominates Q1 2026 as the Kingdom captures majority share of regional issuances, highlighting strong investor appetite and expanding debt market activity...
Oman got FDI worth over USD 80.5 billion in 2025: Data
The Oman construction sector registered RO 99.1 million, and 'other activities' collectively attracted RO 85.7 million, with inflows rising by RO 2 million...
Oman ends FY 2025 with stable growth, non-oil GDP hits USD 74.6 billion
Oman's inflation remained contained at an average of 1.69% during January-February 2025/2026, indicating stable price levels that supported household consumption and business planning...
Oil price stares at massive gain amid Middle East crisis
Qatar Energy Minister Saad al-Kaabi stated that if the ongoing conflict forces Gulf energy producers to shut down exports within weeks, it could drive oil to USD 150 a barrel...