Economy
War Against Iran and Its Impact on the Economies of the Gulf Countries
The war against Iran has led to an increase in inflation rates in the Gulf countries. These developments pose serious ch...
Economy
Economy
Oman's Ministry of Agriculture Signs Agreements for the Maintenance of Aflaj Worth 3.4 Million Omani Rials
Oman's Ministry of Agriculture, Fisheries, and Water Resources in the North Sharqiyah has signed agreements worth 3.4 mi...
Economy
Commercial Bank of Kuwait Announces Winner of 500,000 Dinars in Al-Najma Account Draw
Commercial Bank of Kuwait (Al-Tijari) has introduced the winner of 500,000 dinars in the semi-annual Al-Najma account dr...
Economy
Kuwait Oil Company Signs Historic $16 Billion Contract with Blackstone, Brookfield, and KKR
Kuwait Petroleum Company (KPC) announced that its subsidiary, Kuwait Oil Company (KOC), has signed a $16 billion contrac...
Economy
Oman: Real Estate Market Value Reached 1.71 Billion Omani Rials in July
The value of real estate transactions in Oman reached 843.2 million Omani Rials in July, marking a 15.7% increase. This...
Economy
Oil Prices Rise After Drone Attacks on Saudi Arabia's East-West Pipeline
Oil prices reached over $108 per barrel. This increase followed drone attacks by the Houthis on Saudi Arabia's oil infra...
Economy
Concerns in India Due to Oil Prices Rising Above $108
The rise in oil prices above $108 has raised concerns regarding the value of the Indian rupee, inflation rates, and corp...
Economy
The Sultanate of Oman to Participate in Gas Tech 2026 Conference in Thailand
The Sultanate of Oman will participate in the Gas Tech 2026 conference and exhibition in Bangkok, Thailand, from Septemb...
Economy
Decrease in Ship Traffic in the Strait of Hormuz and Increase in Oil Prices
The number of cargo ships passing through the Strait of Hormuz has decreased to a single-digit figure. This coincides wi...
Economy
Unprecedented Sales Increase of the Persian Gulf Petrochemical Industries Group
The Persian Gulf Petrochemical Industries Group has recorded sales of 931 trillion and 463 billion tomans. This success...
Economy
Oil Production in Oman Decreases to 129 Million Barrels Over 7 Months
Oil production in Oman reached 129.08 million barrels over the course of seven months, indicating a 3.7 percent decrease...
Economy
Oman's Royal Visit to Angola and Strengthening Bilateral Relations
The upcoming visit of Sultan Haitham bin Tariq to the Republic of Angola marks a turning point in the bilateral relation...