Read the latest news from regional and global sources, presenting different voices and perspectives.
Oman: State Council discusses draft laws and income diversification study
Zawya
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Muscat – The State Council convened on Tuesday for its eighth session of the second ordinary term of the eighth period, during which it reviewed several key legislative proposals and strategic studies aimed at enhancing Oman’s legal and economic...
Oman’s first energy transition fund launched
Times of Oman
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Muscat: Oman Investment Authority (OIA) has announced the launch of the Sultanate of Oman’s first investment fund dedicated to the energy transition, established through a strategic partnership between the ‘Future Fund Oman (FFO)’ and Templewater,...
Moody’s upgrades Oman’s credit rating to investment grade
Oman Observer
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July 11, 2025
Muscat: In a significant affirmation of the Sultanate of Oman’s financial resilience and progress, Moody’s Investors Service has upgraded the country’s credit rating from “Ba1” to “Baa3,” officially placing Oman in the investment-grade category....
UAE Leads GCC In Hiring Growth At 4% Financial Services, Real Estate Lead
MENAFN
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July 11, 2025
(MENAFN- Khaleej Times) Hiring in the UAE grew by an average of 4 per cent in the second quarter of 2025, marking the fastest pace in the Gulf Cooperation Council (GCC) region, according to Cooper Fitch's quarterly report released on Wednesday....
Moody’s Investor Service upgrades Oman to investment grade as reforms pay off
The Arabian Stories
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July 11, 2025
Muscat: The credit upgrade reflects Oman’s strengthened public finances and its ability to absorb economic shocks. Moody’s credited the government’s effective fiscal management, noting a significant drop in government spending—from over 41% of GDP...
Oman’s Duqm emerges as global hub for green steel production; Meranti secures gas allocation
The Arabian Stories
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July 9, 2025
MUSCAT – Meranti Green Steel confirmed that it has received a provisional commitment for natural gas supply from Oman’s Integrated Gas Company (IGC), the nation’s sole gas aggregator and supplier. The announcement, shared by the company on...
“Economic satisfaction” as a pillar of deterrence
Tehran Times
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July 9, 2025
TEHRAN - In a recent editorial, Arman-e-Emrooz addressed a crucial yet often overlooked aspect of national deterrence amid escalating regional tensions and the ongoing confrontation—direct or indirect—between Iran and Israel. While much attention...
Oman: Tender launched for $103mln Spray Boulevard project in Salalah
Zawya
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SALALAH – With its lush landscapes and monsoon mist, Salalah has always been a magnet for visitors seeking escape and serenity. Now, that natural beauty is being transformed into something lasting. Oman has officially launched the tender for the...
Rocket launch scheduled in Duqm, Oman’s Ministry issues safety notice for July 12–13
The Arabian Stories
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July 11, 2025
Muscat: In collaboration with Etlaq Company, a subsidiary of the National Space Services Company (NASCOM), the Ministry announced that the space rocket launch will take place between 10:00 p.m. on Saturday, July 12, and 6:00 a.m. on Sunday, July...
Oman launches 'Space Accelerators Program' to boost local innovation
Times of Oman
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Muscat: The Ministry of Transport, Communications and Information Technology (MTCIT) has officially launched the "Space Accelerators Program," a strategic initiative designed to empower Omani startups in developing cutting-edge space-related...
Oman launches Space Accelerators Program to boost innovation and startups in space sector
The Arabian Stories
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July 9, 2025
MUSCAT – The program, launched today in Seeb, seeks to foster entrepreneurship in the space sector, promote investment in advanced technologies, and support the transfer and localization of space services within Oman. It also aligns with the...
Oman among top 10 best-performing economies in the world
The Arabian Stories
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July 9, 2025
MUSCAT : The Sultanate was ranked 8th with a score of 18.78, reinforcing its reputation as a stable and attractive investment destination amid global economic uncertainties. This consistent high performance builds on Oman’s achievement in the 2024...
Oman: Mwasalat signs pact to provide hydrogen-fuelled transportation
Zawya
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Muscat: Mwasalat, the Asyad Group company, has signed a cooperation programme with Birba to provide dedicated transportation services via hydrogen vehicles for participants and guests of the Green Hydrogen Summit, scheduled to be held at the end...
Oman: TRA tracks down on individuals sharing internet connection
Zawya
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Muscat: The Telecommunications Regulatory Authority (TRA), has urged not to distribute and sell internet service without obtaining a license. According to TRA, the Telecommunications Regulatory Authority, in cooperation with relevant authorities,...
Oman launches first energy transition fund with RO 77 million capital
The Arabian Stories
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July 9, 2025
MUSCAT – The fund, established in partnership with Templewater, a Hong Kong-based firm specialising in financing clean energy and emission reduction projects, marks a major milestone in Oman’s green investment strategy. With a capital of RO 77...
Singapore firm to build green iron production plant in Oman
MEED
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July 10, 2025
Meranti Green Steel said it has received conditional allocation of natural gas feedstock for its planned green iron production complex in Duqm from Oman’s Integrated Gas Company Become a MEED subscriber for unlimited access to: Exclusive news,...
Business ExtraWhat does Oman's new income tax mean for the Gulf?
The National News
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The absence of income tax has helped to attract people from around the world to move to the Gulf. But one country is set to change direction. Oman recently announced it will be the first country in the region to introduce personal income tax....
Oman’s State Council discusses major draft laws on real estate, civil society, and commercial arbitration
The Arabian Stories
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July 9, 2025
MUSCAT – The Council reviewed “Real Estate Registry Law,” the “Draft Law Amending Certain Provisions of the Arbitration Law in Civil and Commercial Disputes (Royal Decree No. 47/97),” and the “Civil Society Organizations Law.” The session also...
Oman Kite Festival 2025 to kick soon
Oman Observer
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July 8, 2025
MUSCAT: There are just one week remaining until the Oman Kite Festival 2025 gets underway in Barr Al Hikman. Set to commence on July 15th and run until July 24th, the festival promises an exhilarating fusion of world-class kitesurfing action,...
Non-oil exports drive growth in Oman’s trade
Oman Observer
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July 6, 2025
MUSCAT: The Sultanate of Oman’s trade balance recorded a surplus of RO 1.849 billion by the end of April 2025, representing a sharp 40.4 per cent decline compared to the RO 3.1 billion surplus posted during the same period in 2024. The drop in...