Oman

Oman Import Prices Rise 11.7% in Second Quarter as Fuel Import Costs Jump 45.5%

Oman's general import price index rose 11.7% in the second quarter of 2026 from a year earlier, led by a 45.5% jump in mineral fuel prices, according to the National Centre for Statistics and Information.

Oman Launches Second Phase of Digital Economy Program, Targets RO1.5 Billion GDP Contribution

Oman has launched the second phase of its National Program for Digital Economy for 2026 to 2030, targeting a RO1.5 billion contribution to GDP and 3,000 direct jobs a year.

Oman Import Prices Rise 11.7% in Second Quarter as Fuel Import Costs Jump 45.5%

Oman's general import price index rose 11.7% in the second quarter of 2026 from a year earlier, led by a 45.5% jump in mineral fuel prices, according to the National Centre for Statistics and Information.

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Oman Import Prices Rise 11.7% in Second Quarter as Fuel Import Costs Jump 45.5%

Oman's general import price index rose 11.7% in the second quarter of 2026 from a year earlier, led by a 45.5% jump in mineral fuel prices, according to the National Centre for Statistics and Information.

Iran Has Plans to Hit Gulf Undersea Internet Cables if War Resumes, Security Officials Tell Reuters

Two senior Iranian security officials told Reuters that Tehran has drawn up plans to target undersea communications cables in the Gulf if the United States and Israel attack Iran again.

Oman Launches Second Phase of Digital Economy Program, Targets RO1.5 Billion GDP Contribution

Oman has launched the second phase of its National Program for Digital Economy for 2026 to 2030, targeting a RO1.5 billion contribution to GDP and 3,000 direct jobs a year.

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Oman Import Prices Rise 11.7% in Second Quarter as Fuel Import Costs Jump 45.5%

Oman's general import price index rose 11.7% in the second quarter of 2026 from a year earlier, led by a 45.5% jump in mineral fuel prices, according to the National Centre for Statistics and Information.

Iran Has Plans to Hit Gulf Undersea Internet Cables if War Resumes, Security Officials Tell Reuters

Two senior Iranian security officials told Reuters that Tehran has drawn up plans to target undersea communications cables in the Gulf if the United States and Israel attack Iran again.

Oman Launches Second Phase of Digital Economy Program, Targets RO1.5 Billion GDP Contribution

Oman has launched the second phase of its National Program for Digital Economy for 2026 to 2030, targeting a RO1.5 billion contribution to GDP and 3,000 direct jobs a year.

IMF Sees Gulf Economies Shrinking 4.8% in 2026 as Saudi Arabia and UAE Head for Recession

The International Monetary Fund expects Gulf Cooperation Council economies to contract 4.8% this year before growing 9.1% in 2027.

Oman and UK Sign Investment Pacts as Yamna Plans Salalah AI Data Center With First Phase Above £1 Billion

Oman and the United Kingdom signed agreements to increase two-way investment during Sultan Haitham bin Tarik's state visit, including a plan by UK-founded Yamna to build an AI data center in Salalah whose first phase is expected to exceed £1 billion.

Oman Signs Deal for 800,000-Square-Meter Malkai Resort and Villa Complex in Barka

Oman's Ministry of Heritage and Tourism signed an agreement with Al Mursal Trading and Investment to develop Malkai, an 800,000-square-meter resort and freehold villa complex in Barka.

GCC and UK Push to Bring Free Trade Deal Into Force as Gulf Negotiator Sees $5 Billion a Year in Gains

Gulf and British officials meeting in London on Tuesday pressed to complete the steps needed for the GCC-UK free trade agreement to take effect, as the Gulf bloc's chief negotiator put its potential annual benefit to the region at about $5 billion.

Oman Air and Finnair Launch Codeshare, Oman Air’s First New Partnership Since Joining Oneworld

Oman Air and Finnair have launched a codeshare partnership linking Oman, Finland and Australia, the airlines said on October 18. The agreement is Oman Air's...

IMF Warns Middle East GDP Will Contract in 2026 as War Disrupts Energy Exports and Regional Trade

The International Monetary Fund expects Middle East GDP to contract in 2026 as the regional conflict continues to disrupt economic activity. However, the organisation...

ICAO Condemns Iranian Attacks on UAE and Gulf Countries Over Serious Threats to Regional Aviation Safety

The ICAO Iran Attacks decision has highlighted growing concerns over aviation safety across the Middle East. The international aviation body condemned attacks against the...

Oman’s Automobile City Set to Begin Operations in Salalah in 2027 as Automotive Sector Expands

The Automobile City in Salalah is scheduled to begin operations during the second quarter of 2027. The project will create a dedicated hub for...

Gulf Air Fares Remain High Despite Falling Jet Fuel Prices and Easing Market Pressure

Gulf air fares may remain expensive despite a sharp decline in jet fuel prices since March. Airlines continue facing several costs that could limit...