FeaturedTelecomSaudi Telecom sees record revenue rise amid 2Africa cable announcementIFM CorrespondentFebruary 27, 2023 by IFM CorrespondentFebruary 27, 2023 Saudi Telecom Company has announced that the Meta-led 2Africa subsea cable will be coming to Bahrain... Read more
FeaturedOil & GasMoody’s predicts another budget surplus year for OmanInternational Finance Business DeskJanuary 16, 2023 by International Finance Business DeskJanuary 16, 2023 Oman experienced its first USD 2.98 billion budget surplus in close to a decade in 2022, which is credit-positive, according to Moody’s... Read more
EconomyFeaturedReal Estate to Metaverse: 8 sectors to invest in Middle EastInternational Finance Business DeskOctober 27, 2022 by International Finance Business DeskOctober 27, 2022 One of the main forces behind the Middle East economy is its infrastructure... Read more
AviationFeaturedTRANSOM SATS, paving a new way for air cargo in OmanInternational Finance Business DeskDecember 8, 2021December 9, 2021 by International Finance Business DeskDecember 8, 2021December 9, 2021 The Covid-19 crisis proved that air cargo is one of the most critically important industries... Read more
EnergyFeaturedSolar to account for 21% of Oman’s energy needs by 2030IFM CorrespondentNovember 18, 2021 by IFM CorrespondentNovember 18, 2021 Around 30% of the Sultanate’s energy needs will be met by renewable energy... Read more
FeaturedPorts and ShippingSohar Port in Oman to introduce bunkering servicesInternational Finance Business DeskSeptember 2, 2021 by International Finance Business DeskSeptember 2, 2021 Sohar Port and Freezone signed an agreement with Hormuz Marine... Read more
FeaturedPorts and ShippingOman’s largest port handles 2.1 mn containers during H1 2021International Finance Business DeskAugust 9, 2021 by International Finance Business DeskAugust 9, 2021 The Port of Salalah also handled 8.8 mn general cargo goods during the same period... Read more
FeaturedPorts and ShippingOman’s port of Duqm seeks operator for new container terminalInternational Finance Business DeskJuly 16, 2021 by International Finance Business DeskJuly 16, 2021 An international tender has been launched to grant a 30-year licence... Read more
EconomyFeaturedOman’s GDP is projected to grow by 2.5%: IMFInternational Finance Business DeskJuly 7, 2021July 8, 2021 by International Finance Business DeskJuly 7, 2021July 8, 2021 The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021... Read more
EnergyFeaturedOman LNG and Shell to deliver the Sultanate’s first carbon-neutral LNG cargoInternational Finance Business DeskJune 9, 2021 by International Finance Business DeskJune 9, 2021 The first carbon-neutral liquefied natural gas (LNG) cargo will be delivered to the Middle East from Oman LNG’s export facility in Qalhat, Sur... Read more