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News
BankDhofar drives the advancement of professional asset management in Oman
4+ day, 6+ hour ago (538+ words) Muscat — As Oman accelerates toward the objectives of Oman Vision 2040, professional asset management has moved to the center of the Sultanate’s economic transformation. BankDhofar is committed to leading this evolution — mobilizing savings, deepening capital market opportunities and directing capital toward…...
Oman's public revenue rises 13% to $17.2bln in first half of 2026
2+ week, 6+ day ago (231+ words) Zawya Oman's public revenue rises 13% to $17.2bln in first half of 2026 Oman oil revenue rises 10% to $8.7 billion in first half MUSCAT:- The Sultanate of Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion,…...
Oman sees major increase in prices of vegetables, fruits
2+ week, 6+ day ago (290+ words) Muscat: The inflation rate in the Sultanate of Oman reached 3.2 percent during July 2026 compared to the same month in 2025. Data from the Consumer Price Index (CPI) issued by the National Centre for Statistics and Information showed an increase in the…...
Gas drives Oman’s Q1 gains; spending up 31%
2+ week, 6+ day ago (660+ words) Oman increased development spending by nearly a third in the first quarter of 2026 while keeping the state budget close to balance, as higher gas, oil and current revenues lifted government income faster than expenditure. Development expenditure rose 31 per cent year-on-year…...
Department of Energy – Abu Dhabi advances strategic partnerships for future energy and water systems during visit to US
2+ week, 6+ day ago (471+ words) Discussions also centred on building international alignment around Abu Dhabi's Energy and Water Resilience Framework, with the objective of further developing it into a globally recognised reference framework that can be adopted and implemented across different markets, reinforcing Abu Dhabi’s…...
UAE hospitality sector navigates near-term headwinds while sustaining long-term fundamentals
1+ mon, 1+ day ago (352+ words) Zawya UAE hospitality sector navigates near-term headwinds while sustaining long-term fundamentals Abu Dhabi recorded an occupancy rate of 65.2% in June, well above the other markets in the UAE - UAE-wide RevPAR declined 31.8% year-to-date through June, with prolonged regional tensions compounding traditional…...
UAE, Saudi Arabia lead MENA outbound investment activity in H1 2026
1+ mon, 3+ day ago (86+ words) Zawya UAE, Saudi Arabia lead MENA outbound investment activity in H1 2026 M&A deals in the MENA region down in H1 2026 due to geopolitical developments, says EY The UAE and Saudi Arabia remained the Middle East and North Africa (MENA) region’s most…...
Oman’s refinery output falls 5.1% in first half of 2026
1+ mon, 3+ day ago (496+ words) Oman’s refinery output declined 5.1 per cent in the first half of 2026, with total production reaching 108.85 million barrels by the end of June, compared with 114.66 million barrels during the same period in 2025, according to preliminary data from the National Centre for…...
New Standard Chartered report highlights Bahrain’s role in connecting Islamic capital with the next generation of growth opportunities
1+ mon, 1+ week ago (490+ words) Zawya New Standard Chartered report highlights Bahrainâs role in connecting Islamic capital with the next generation of growth opportunities New report finds only 6% of global sukuk capital reaches South Asia and Africa, highlighting a significant opportunity to strengthen cross-border…...
Strong tenant retention and near-full occupancy drive UAE industrial real estate momentum: JLL
1+ mon, 1+ week ago (458+ words) Zawya Strong tenant retention and near-full occupancy drive UAE industrial real estate momentum: JLL New JLL report highlights a maturing sector balancing moderate rental growth with major government investments in supply chain infrastructure - Dubai industrial rents increased 6.8% year-on-year in Q2, while…...