Oman is diversifying its economy, reducing reliance on hydrocarbons by expanding sectors like agriculture, fisheries, banking and manufacturing. Strategic reforms, infrastructure investment and a ...

Oman released its green hydrogen strategy in 2022, simultaneously establishing Hydrogen Oman (Hydrom), a government-owned private entity mandated to implement strategy and manage and attract ...

Building on the momentum seen in the e-commerce space during the Covid-19 pandemic, the buy now/ pay later (BNPL) model is one of the fastest-growing segments in consumer finance, particularly in ...

When the new OR12m ($31.2m) Maritime Museum in Sur opens its doors in 2025, visitors will be able to experience the narrative of Oman’s seafarers. For centuries, mariners journeyed far and wide, ...

Amid the backdrop of dynamic shifts in global trade patterns and technological advancement, Industry 4.0 and artificial intelligence (AI) are substantially reshaping manufacturing landscapes in ...

The energy transition advanced in 2023 despite geopolitical tensions, supply chain disruptions and inflationary pressures that maintained elevated energy prices globally. Prices fell from 2022’s ...

With high energy prices and supply chain disruptions creating shortages of renewable energy components and materials, emerging markets are reassessing how to build out utility-scale solar power to ...

Located halfway between Muscat and Salalah, Duqm exemplifies Oman’s rapid economic development in recent years. In the decades leading up to 2025, the city has evolved from a small fishing village to ...

The EU has continued to scale back its reliance on Russian oil, deepening its strategic response to Russia’s ongoing war in Ukraine. After the bloc imposed bans on Russian seaborne crude in December ...

Oman’s economy remains heavily dependent on fossil fuels; however, the country is emerging as a key player in renewables. To finance economic diversification, it is expanding hydrocarbons production ...

Oman’s banking sector is undergoing a significant transformation, driven by the introduction of the new Oman Banking Law under Royal Decree No. 2 of 2025 and a regulatory framework for open banking.

Home to 60% of the world’s arable land, Africa has the potential to meet not only its own food needs, but also those of the rest of the world. Agriculture remains one of the most important economic ...