A focused view of Oman’s latest business, economy and public-interest developments, organised for quick reading.
ConnsectHis Majesty Sultan Haitham bin Tariq - may God protect him - has issued four royal decrees aimed at enhancing the development and progress in the Sultanate.
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Al Maha Petroleum Marketing Company has opened its second fuel station in Saudi Arabia, reflecting the company's plans to expand its services in the growing Saudi market.
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Omani authorities have explored ways to develop projects and boost investment in Khazaen Economic City, where investment in the food sector has reached approximately 470 million OMR.
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Khazaen Economic City in Oman has announced the signing of a partnership agreement with a leading Chinese company to establish an advanced automotive manufacturing center. This move is part of ongoing efforts to boost the industrial sector in the Sultanate.
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Informed sources reported that the OPEC+ alliance has reached a preliminary agreement to slightly increase oil production quotas. This decision comes ahead of the alliance's upcoming meeting.
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Oman has witnessed significant development in the digital currency sector recently, hosting three major digital currency mining projects. This expansion reflects the Sultanate's interest in adopting modern financial technologies within the framework of its strategic plans.
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The Sultanate of Oman announced that its oil production exceeded one million barrels per day in March 2026, marking a significant achievement in the oil sector.
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The Gulf Cooperation Council (GCC) countries have continued to enhance their performance in the Economic Freedom Index for 2026, surpassing the global average.
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Politico reported that U.S. President Donald Trump informed Congress that the war with Iran has ended before the legal deadline set for this conflict.
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Qatar has reaffirmed its commitment to working towards a Middle East free of nuclear weapons and weapons of mass destruction. This announcement was made during an international meeting on regional security.
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