Read the latest news from regional and global sources, presenting different voices and perspectives.

Oman Convention Bureau to showcase MICE potential at EPEX
Travel, Tourism & Hospitality July 2025 104 Oman Convention Bureau confirms participation in EPEX 2025, aiming to become a leading player in the high-value events and incentive travel segment, joining the premier global platform for MICE and...

Oman: OIA launches $200mln JV energy transition fund
MUSCAT: Oman Investment Authority (OIA) launched a $200 million joint energy transition fund here yesterday, July 9, 2025. ‘The Energy Transition Fund’ is the result of a partnership between OIA’s Future Fund Oman (FFO) and Chinese investment firm...

Oman and Hong Kong firm launch $200m energy transition fund
The fund is jointly backed by sovereign institution Oman Investment Authority and Hong Kong-based Templewater, and is the first green energy project finance vehicle in the sultanate Become a MEED subscriber for unlimited access to: Exclusive news,...

Oman: Tech Mahindra committed to invest in upskilling and reskilling local Omani talent
Muscat: India-based Global IT services major Tech Mahindra has a significant footprint in Oman and offers a wide range of services from 5G and AI to cloud and cybersecurity. The tech major brings global expertise to co-create innovative,...

Oman: FSA launches new licensing system for accounting and auditing
MUSCAT: The Financial Services Authority (FSA) announced the launch of a new electronic system for applications for licensing and renewal of the licenses to practice the accounting and auditing profession. The new system allows users to submit...

Oman: Mango crop development research enhances food security
Suhar: As part of Oman’s efforts to boost agricultural sustainability and food security, the Agricultural Research Centre in Suhar, affiliated with the Directorate-General of Agricultural and Animal Research at the Ministry of Agriculture,...

Oman affirms commitment to developing integrated intellectual property system at WIPO meeting
GENEVA – The Sultanate of Oman is taking part in the meeting of WIPO assemblies – held in Geneva, Switzerland, until 17 July 2025 – under the leadership of His Excellency Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry...

Singapore firm to build green iron production plant in Oman
Meranti Green Steel said it has received conditional allocation of natural gas feedstock for its planned green iron production complex in Duqm from Oman’s Integrated Gas Company Become a MEED subscriber for unlimited access to: Exclusive news,...

Moody’s Lifts Oman to Investment Grade, Citing Stronger Debt Metrics
The non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of 203.2% to more than SAR2 billion in April, reported the Saudi Press Agency on Friday. It soared to around SAR3,511...
Middle East Crude-Oman hits near three-week high, Dubai edges down
The Middle East crude benchmark spot premium of Oman rose to a near three-week high on Thursday, while that of Dubai edged lower. Overall, the Mideast market has been supported by tight supply as producing countries burn more for rising power...

Oman launches space accelerator programme to boost innovation
MUSCAT: In a significant move in furtherance of Oman Vision 2040, the Sultanate of Oman has launched the Oman Space Accelerators Programme—an innovative programme to foster in-country capabilities in the global space sector and establish a...

Oman launches $200M clean energy fund with China’s Templewater
Future Fund Oman, a fund owned by the country’s sovereign wealth fund, the Oman Investment Authority, and Hong Kong-based alternative asset manager Templewater have established a clean energy fund worth $200 million. The Energy Transition Fund,...

Oman launches $200m energy transition fund
Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund, and pan-Asia alternative asset manager Templewater have partnered to drive investments in the energy transition and advanced manufacturing sectors in the sultanate. The Energy...

Omani Rial to Pakistani rupee rate; July 09, 2025
The Omani Rial (OMR) is trading at a rate of Rs 748.9 against the Pakistani Rupee (PKR) in the open market on Wednesday, July 09. The buying and selling rates for OMR were recorded at Rs 739.9 and Rs 748.9, respectively. The exchange rates for...

Oman participates in meeting of WIPO Assemblies of Member States
Geneva: The Sultanate of Oman is taking part in the 66th session of Assemblies of Member States of the World Intellectual Property Organisation (WIPO), held in Geneva, Switzerland, until 17 July 2025. Oman's delegation is led by Dr. Saleh Said...

In Oman, Summer Becomes the Season of Staycation With Roll Out of Creative Deals
As the summer months settle in Oman, many residents and expatriates alike take advantage of the country's diverse landscape to escape the sweltering heat. Typically regarded as the low season for tourism and hospitality, summer in Oman has...

Oman Charitable Organisation disburses over RO3mn aid across Oman in H1 2025
Muscat – Oman Charitable Organisation (OCO) distributed more than RO3mn in aid within the sultanate during the first half of 2025, reaffirming its ongoing commitment to supporting those in need and promoting transparency and public trust. The...

du and Omantel expand Gulf connectivity with high-speed fibre network
du, UAE’s telecom and digital services provider, and Omantel, the Sultanate of Oman’s integrated telecommunications company, have announced the activation of the Oman Emirates Gateway (OEG) — a 275-kilometre international fibre optic submarine...
What’s New In Investments, Funds? – Future Fund Oman, Templewater
The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients. Future Fund Oman, Templewater Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund and Templewater, a pan-Asia...

Annual growth of Saudi – GCC non-oil trade surplus soars 203% in April
Saudi Gazette report RIYADH — Saudi Arabia's non-oil trade surplus with other Gulf Cooperation Council (GCC) states recorded an annual growth of 203.2 percent during April 2025. This figure posted an increase of more than SR2 billion, reaching...