Egypt’s ENPPI wins first Oman contract in $355 mln energy project
Egypt’s state-owned engineering company ENPPI has won a $355 million contract for an oil and gas project in Oman,…
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Oman
OPEC+ agrees 188k bpd output adjustment, reaffirms market stability
OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…
IMF sees Oman’s growth forecast for 2026 at 3.5%
The International Monetary Fund (IMF) expects Oman’s economy to grow by 3.5 per cent in 2026, before easing…
Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…
OPEC+ to cut output by 137k bpd in December
The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…
EGX strengthens cooperation with Muscat Stock Exchange
Egyptian Exchange (EGX) Chairman Islam Azam met on Monday with Haitham Al Salmi, CEO of the Muscat Stock Exchange…
Egypt re-elected to chair Arab Labour Organisation board for another year
Egypt has been unanimously re-elected to chair the Board of Directors of the Arab Labour Organisation (ALO) for a…
Egypt discusses expanding energy cooperation with Expro
Egypt’s petroleum minister Karim Badawy held talks on Tuesday with Hussein Elsisi, vice president of Expro…
Egypt, Oman sign aviation MoU to expand air links, cooperation
Egypt and Oman on Tuesday signed a memorandum of understanding to strengthen cooperation in civil aviation and…
Oman cuts repo rate by 25 bps
The Central Bank of Oman (CBO) reduced its repo rate for local banks by 25 basis points to 4.75 per cent, effective…