Catch up with business and economy news from Oman

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Last update: 8 hours ago

Iran Ceasefire Under Strain: Trump called Tehran’s latest response a “piece of garbage” and said the US-Iran ceasefire is on “life support,” while Brent jumped above $108 as the Strait of Hormuz stays near-blocked and talks stall. US Pressure Expands: Washington added fresh sanctions targeting firms in Hong Kong, the UAE and Oman accused of helping Iran ship oil to China, as regional tensions keep markets jittery. Oman’s Diplomatic Push: Foreign Minister Sayyid Badr held calls with Estonia and the Netherlands, stressing dialogue to contain crises and restore maritime navigation and supply chains. Trade Momentum for Oman: Oman and India’s Free Trade Agreement is set to start on June 1, with talks focused on customs and logistics implementation. Real Estate Deal Flow: Retal signed an agreement with Oman’s housing ministry for a SAR 3.1bn residential community in Sultan Haitham City. GCC Infrastructure: The GCC railway linkage project has passed 50% completion, targeting full operation by 2030.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Oman, India Discuss Procedural and Technical Aspects of Activating Free Trade Agreement

Oman, India Discuss Procedural and Technical Aspects of Activating Free Trade Agreement

His Majesty the Sultan visits Petroleum Development Oman and inaugurates the ‘Bait Al-Haitham’ Integrated Operations Center

His Majesty the Sultan visits Petroleum Development Oman and inaugurates the ‘Bait Al-Haitham’ Integrated Operations Center

Oman, India discuss technical steps for Free Trade Agreement

Oman, India discuss technical steps for Free Trade Agreement


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US Disables Iranian Tanker in Gulf of Oman Over Blockade Violation
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