Thursday, November 5, 2026

Business

2.6pc Increase Recorded in Passenger Traffic Through Duqm Airport

Muscat: Passenger movement through the Sultanate of Oman’s airports (Muscat, Salalah, Sohar, Duqm) witnessed a slight decrease of 0.1 percent by the end of August 2025. The total number of passengers reached 10,024,998, compared to 10,015,613 during the same period last year, according to preliminary data issued by the National

Oman’s Hotel Revenue Climbs 17.4% Amid Strong Tourism Growth

Muscat: Oman’s hospitality sector demonstrated significant strength through August 2025, with 3 to 5-star hotels reporting substantial gains across key performance metrics. Guest numbers rose by 8.2% year-over-year to reach RO 1.52 million, while total hotel revenue saw an even stronger increase of 17.4% to approximately RO 175.4 million until

Oman Participates in World Free Zones Conference in China

Haikou: The Sultanate of Oman, represented by the Public Authority for Special Economic Zones and Free Zones (OPAZ), participated in the World Free Zones Conference held in Haikou, China, engaging in the 11th global gathering of the World Free Zones Organization under the theme “Zones: Gateways to Global Prosperity, Trade,

Workshop Measures Tourism’s Contribution to Economy

Muscat: The regional workshop on “Measuring Tourism’s Contribution to the Economy,” organized by the Statistical Centre for the Gulf Cooperation Council (GCC-Stat), emphasized the necessity of adopting comprehensive methodologies to measure the total contribution of tourism. This approach provides a more accurate and holistic picture of the sector’s true role

MSX Loses 56 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5193.16 points, marking a decline of 56.4 points or 1.07% from the previous session’s close of 5249.58 points. According to Oman News Agency, trading value reached RO 31,060,102, reflecting a 28.3% decrease compared to the last session’s RO 43,336,372. The

Establishment of Two New Economic Zones in Oman to Attract Quality Investments

Muscat: The issuance of two Royal decrees establishing ‘The Special Economic Zone in the Governorate of A’Dhahirah’ (Wilayat of Ibri) and ‘The Special Economic Zone in Al Rawdhah’ (in the Wilayat of Mahadha in the Governorate of Al Buraimi) reflects a national drive towards diversifying the economy and investing in

Oman-Azerbaijan Roundtable Meeting Explores Joint Investment Opportunities

Muscat: Oman Chamber of Commerce and Industry (OCCI) organized a Roundtable Meeting between the Sultanate of Oman and the Republic of Azerbaijan in Muscat today. The meeting focused on the private sector’s role in building effective partnerships, expanding commercial relations, and exploring new investment opportunities that benefit both countries. According

Recent posts

Oman Participates in GCC Culture Ministries’ Preparatory Meeting

Muscat:The Sultanate of Oman participated in a preparatory meeting of Undersecretaries of Ministries of Culture from GCC states. This meeting, conducted via video conference, served as groundwork for the upcoming 30th meeting of GCC Ministers of Cultu…

Sultan Haitham Embarks on State Visit to China

Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.

According to Oman News Agency, His Majest…