Muscat: The Ministry of Energy and Minerals has launched the second edition of the “Majd” Award for Local Content.
According to Oman News Agency, this initiative is part of the “Majd” program, which aims to enhance local content in the energy and m…
Year: 2026
GCC Crude Output Contracts 5.4% as Energy Sector Adapts to Market Realities
Muscat: The Gulf oil sector generated $561.2 billion in value added at current market prices during 2024, contributing 24.0 percent to the region’s gross domestic product, while constant-price value added reached $541.9 billion, representing a 29.3 pe…
MSX Drops 34 Points
Muscat: The Muscat Stock Exchange “30” index concluded today’s trading session at 7,704.67 points, dropping 34.8 points, which constitutes a decline by 0.45 percent from the previous close of 7,739.43 points.
According to Oman News Agency, trading …