Oman's state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initial public ...

The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the ...

The two Mexicans had been held for over a year after Houthis rebels hijacked their commercial ship, the Galaxy Leader, in ...

The UAE topped the Gulf Cooperation Council (GCC) countries in the 2025 Cost of Living Index, followed by Bahrain, Qatar, ...

MUSCAT: The International Monetary Fund (IMF) has lauded Oman’s economic progress, bolstered by strong hydrocarbon revenues and steadfast ...

The steel industry is critical to global development, driving infrastructure, manufacturing, and economic growth. Among the ...

The new $2.6 billion Smart City in Oman challenges Dubai’s urban model with low-rise buildings and sustainable design.

Oman has achieved a remarkable improvement in its economic fundamentals. The fiscal and external positions have strengthened significantly, while nonhydrocarbon growth is picking up amid low inflation ...

Oman-based SaaS provider Sampo AI has closed its pre-seed funding round, securing $750,000 co-led by Omantel Innovation Labs ...

Sungrow Hydrogen signs an agreement with ACME Group to supply hydrogen production equipment for a green ammonia project in ...

Beauty ecommerce giant Nykaa’s parent FSN E-Commerce Ventures has incorporated a new wholly-owned subsidiary, Nysaa Cosmetics SPC, in Oman.

Asyad Group, a logistics business owned by Oman’s sovereign wealth fund, has announced plans to float its shipping unit on ...