Business

Muscat: Karwa Motors, Oman’s leading vehicle manufacturer, has entered into a strategic partnership with Empl Fahrzeugwerk GmbH, an Austrian company, to produce specialized vehicles. The collaboration will focus on manufacturing firefighting and civil rescue trucks, along with military vehicles intended for security and defense purposes. According to Oman News Agency,

Muscat: Oman oil prices for November delivery 2025 have experienced a modest increase, rising by 5 cents to reach 69.23 US dollars per barrel. This marks a slight uptick from last Friday’s price, which was recorded at 69.18 US dollars. According to Oman News Agency, the average price for Oman

Muscat: The Artificial Intelligence and Quantum Computing Forum, held at the Oman Convention and Exhibition Centre as part of the “COMEX 2025” exhibition, highlighted the latest advancements in AI and quantum computing, bolstering Oman’s standing in the global digital economy. The event was inaugurated by Eng. Said Hamoud Al Maawali,

Muscat: The Ministry of Commerce, Industry and Investment Promotion convened a workshop today aimed at exploring potential strategies for advancing the exhibition industry in Oman, aligning with the goals of Oman Vision 2040. The session featured a series of presentations and discussions that addressed both opportunities and challenges within the

Muscat: The IFN Oman Forum 2025, organized by the Islamic Finance News in partnership with the Financial Services Authority, convened key stakeholders to discuss the burgeoning role of Islamic finance in Oman’s economic landscape and its potential for cross-border collaborations. The event underscored Oman’s increasing prominence as a hub for

Muscat: The Government of Oman has issued Treasury Bills worth RO 89.85 million, with the Central Bank of Oman (CBO) acting as the Issue Manager. These short-term financial instruments are aimed at providing investment opportunities for licensed commercial banks and ensuring liquidity in the financial market. According to Oman News

Muscat: The Oman-Estonia Business Forum, organized by the Oman Chamber of Commerce and Industry, focused on strengthening economic and investment ties between Oman and Estonia, with an emphasis on exploring cooperation opportunities in various sectors, including technology, energy, and logistics. According to Oman News Agency, the forum aimed to foster

Beijing: China’s foreign trade experienced a notable increase in August 2025, with total goods imports and exports rising by 3.5% year-on-year in yuan-denominated terms. This marks the third consecutive month of simultaneous growth in both exports and imports, as revealed by official data from the General Administration of Customs (GACC)