Oman

Oil prices fell on Thursday as additional Saudi crude shipments through Oman eased concerns over supply…

Oil prices edged higher on Thursday as investors remained cautious over the outcome of Iran-Oman talks on restoring…

Oil prices extended losses on Thursday, with Brent crude and US West Texas Intermediate (WTI) falling to their…

Egypt’s state-owned engineering company ENPPI has won a $355 million contract for an oil and gas project in Oman,…

OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…

The International Monetary Fund (IMF) expects Oman’s economy to grow by 3.5 per cent in 2026, before easing…

The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…

The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…

Egyptian Exchange (EGX) Chairman Islam Azam met on Monday with Haitham Al Salmi, CEO of the Muscat Stock Exchange…

Egypt has been unanimously re-elected to chair the Board of Directors of the Arab Labour Organisation (ALO) for a…

Egypt’s petroleum minister Karim Badawy held talks on Tuesday with Hussein Elsisi, vice president of Expro…

Egypt and Oman on Tuesday signed a memorandum of understanding to strengthen cooperation in civil aviation and…

The Central Bank of Oman (CBO) reduced its repo rate for local banks by 25 basis points to 4.75 per cent, effective…

The Middle East retail landscape has undergone one of its most significant shifts in recent years, following Majid…

Egypt’s Central Administration for Plant Quarantine (CAPQ) participated in a regional workshop in Salalah, Oman, to…

Egyptian President Abdel Fattah El Sisi received a phone call on Sunday from Cypriot President Nikos…

Egypt’s National Organisation for Social Insurance (NOSI) has received the Excellence Award in Management of…

Egyptian Drilling Company (EDC) is pushing to expand in Gulf markets after strong performance in Saudi Arabia and…

Oman's oil exports fell by 4.9 per cent year-on-year to about 74.97 million barrels by the end of March, while…

Trade volume between Egypt and Arab countries increased 16 per cent to record $30.5 billion in 2024, compared to…

Oman’s sovereign wealth fund signed a preliminary agreement with Algeria’s Finance Ministry to establish a $298.79…

The Organisation of the Petroleum Exporting Countries (OPEC+) has received revised oil output compensation plans…

OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to…

Egypt’s Petrojet secured new contracts worth 112 billion Egyptian pounds in 2024—60 per cent of which are outside…

Egypt’s Financial Regulatory Authority (FRA) approved the registration of two new carbon emission reduction…

The Central Bank of Egypt (CBE) - Co-chair of the Regional Consultative Group for the Middle East and North Africa…

Egypt and Oman recorded a trade exchange of $858 million in 2024, a decrease from $908 million in 2023.

Oman's state-owned Asyad Group plans to sell at least 20 per cent of its shipping unit, Asyad Shipping Co, through…

The Central Bank of Oman (CBO) has decreased its repo rate for local banks by 25 basis points to 5.00 per cent,…

Economic growth in the Gulf Cooperation Council (GCC) region is forecast to reach 1.6 per cent in 2024, with a…

Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…

S&P Global Ratings upgraded Oman’s long-term foreign and local currency sovereign credit ratings from ‘BB+’ to…

Oman plans to build a new liquefied natural gas (LNG) train near Qalhat, increasing its export capacity by…

Nvidia has signed a deal to deploy its AI technology at data centers owned by Qatari telecoms group Ooredoo in five…

Vietnamese automaker VinFast is partnering with Ghana’s Jospong Group to distribute its electric vehicles (EVs) in…

The inflation rate in the Sultanate of Oman increased 1.9 per cent in February 2024 compared to same month a year…

The Oman Investment Authority launched on Wednesday a two-billion Omani Rial investment fund called Future Fund…

Russia’s President Vladimir Putin will travel to the UAE and Saudi Arabia this week to hold “extremely important”…

The Gulf Cooperation Council announced on Tuesday it pledged $100 million in emergency aid for the Gaza Strip.