The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.

Oman offers a compelling proposition for investors. Its location provides easy connection to both Asia and Europe, with three ...

With the steady increase in crude oil production and exports and the surge in oil prices in the mid- and late 1970s, Oman embarked upon an economic development path that transformed it into a ...

This agreement aligns with Oman Vision 2040 and the nation’s ambitious goals of achieving carbon neutrality by 2050, ...

Oman’s economy is currently heavily reliant on oil and gas, which form the backbone of its revenue and exports. Hydrocarbon revenues account ...

Genel Energy plc has signed agreements to enter into the Block 54 exploration and production sharing agreement (EPSA) in the ...

Oman’s Ministry of Energy and Minerals has entered into an Exploration and Production Sharing Agreement (EPSA) with OQ ...

Oman's Ministry of Energy and Minerals has announced a competitive bidding round for oil and gas exploration in three key concession areas: Block 43A, Block 66 and Block 36. Interested investors ...

Oman Electricity Transmission Co. has paused plans to pursue an initial public offering, and is now seeking to raise funds ...

Genel Energy plc signed an exploration and production sharing agreement for Block 54 in the Sultanate of Oman.

Oman is embarking on a transformative journey, driven by the ambitious goals of Vision 2040, to diversify its economy and ...

The social market economy, first pioneered in post-war Germany, is neither a pure free-market system nor a state-controlled ...