Oman leading hydrogen liquefaction for a decarbonised future

As global energy systems shift toward decarbonisation, hydrogen has emerged as a central pillar of clean energy strategies. While production technologies have advanced significantly, the success of large-scale hydrogen economies now depends on the less …

Oman sees surge in US investment

MUSCAT: The United States of America emerged as the leading source of foreign direct investment into Oman in early 2025, with American inflows rising by 57.7% as investor confidence in the Sultanate’s economic direction strengthened. According to the …

Business forum strengthens Oman and Algeria economic ties

ALGIERS: Oman and Algeria reaffirmed their growing economic partnership during the Omani-Algerian Businessmen Forum held in Algiers on Tuesday, under the theme “Algerian-Omani Economic Partnerships: Pioneering Areas and Promising Prospects.” The forum took …

New high-grade copper prospect unveiled in Oman’s Block 8

MUSCAT: A UK-based mining firm currently leading the exploration of mineral resources in Block 8 in Oman’s North Al Batinah Governorate has announced the discovery of a promising new copper prospect, with rock sampling returning copper concentrations as …

Oman's offshore Block 50 poised for growth with updated reserves

MUSCAT: Masirah Oil Ltd, with its primary owner Rex International Holding Ltd (87.5%), is set to unlock further value from its Yumna Field in Block 50 Offshore Oman, following a comprehensive independent reserves estimation report by Exceed Torridon Ltd ( …

Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn

Oman Arab Bank, one of Oman’s leading financial institutions, announced that its Board of Directors has invited its shareholders to approve an increase in the Bank’s authorised capital from RO200mn to RO500mn. In addition, the Bank will raise its paid‑in …

Oman Football Association Chairman Sheikh Salim Al Wahaibi concludes term after 9-years in office, elections to follow

MUSCAT : The OFA is now preparing to hold elections to appoint a new president. In a press release issued today, Sheikh Al Wahaibi reflected on his tenure, stating, “After a journey spanning two consecutive terms since 2016, I announce today my departure …

How Oman, Qatar, Egypt and Russia helped to achieve ceasefire

Oman took the lead in a behind-the-scenes diplomatic drive involving Qatar, Egypt and Russia that contributed significantly to the Israel-Iran ceasefire announced by US President Donald Trump late on Monday, sources told The National. The talks, which …

Blaze in Nizwa building quickly doused by Oman’s CDAA

Gulf countries may explore income tax plans after Oman lays out 'roadmap'

Following Oman’s decision to impose income tax in 2028, other Gulf countries can also explore income tax to diversify their revenues, say experts. As reported by Khaleej Times on Sunday, Oman will implement five per cent income tax from January 2028 on …