Muscat Stock Exchange: MSX kept trading value above OMR1bn for a fourth straight month in May, with OMR1.0478bn traded and more than 107,000 transactions; activity stayed concentrated in OQ Basic Industries, Bank Muscat, Bank Sohar International, OQ Exploration and Production and Omantel. Banking lift: The financial sector index rose during the week as National Bank of Oman, Oman Arab Bank and Ahli Bank gained, even as the main index slipped. Jobs & labour: Oman’s Ministry of Labour announced 600 private-sector vacancies in Muscat, while Oman strengthened ILO ties in Geneva and retained its Tier 3 labour-rights position. Electric mobility: Oman is pushing EV adoption via more charging stations at hotels and growing tourism-linked infrastructure. Corporate law: A new explainer outlines the legal process for share-capital increases in limited liability companies, including unanimous shareholder approval and preemptive rights. Sustainability push: Oman advanced climate action and aviation sustainability efforts, while also marking World Environment Day with a focus on conservation and resilience. Energy & industry: Track installation has started on the Hafeet Rail project linking Oman and the UAE; Gasunie backed an Oman–Europe hydrogen corridor; Duqm Refinery reported RO 106m EBITDA for 2025. Public health: Oman’s obesity levels are rising, with a 2025 national survey cited as showing 64.7% of the population overweight or obese. Geopolitics: US and Iran tensions around the Strait of Hormuz continued to rattle oil and shipping sentiment, with Oman reporting normal operations at Mina al Fahal after earlier explosion reports.