Economy

Muscat: The Consumer Price Index (CPI) in the Sultanate of Oman recorded a 0.6% increase in May 2025 compared to the same month last year, according to data...

Muscat: The activities of the regional workshop on e-commerce and digital economy statistics commenced here on Monday.The event, organised by the...

New Delhi: If the heightened tension in the West Asia pushes average crude prices by USD 10 per barrel, it will typically push up India's net oil imports by...

New Delhi: Amid the ongoing conflict in the Middle East and rising crude oil prices, energy experts have said that oil supply through the Strait of Hormuz...

Muscat: The World Bank's 2024 Gulf Economic Update report highlighted that the Sultanate of Oman has achieved significant positive fiscal and economic...

Salalah: Salalah Mills Company in the Dhofar Governorate has announced the signing of an agreement to import 110,000 tonnes of Russian wheat, with the...

New Delhi: Artificial Intelligence (AI) is transforming the insurance sector, helping companies work faster and more accurately, according to a new research...

Muscat: The Ministry of Economy affirmed that the implementation of the Personal Income Tax (PIT), set to take effect at the beginning of 2028, represents a...

Muscat: The Board of Directors of the Central Bank of Oman (CBO) convened its fourth meeting for this year (2025) at CBO Headquarters on Sunday.At the...

Muscat: Oman LNG has signed an agreement with Kanadevia Corporation to conduct a Pre-FEED (Front-End Engineering Design) for a methanation pilot plant and a...