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Oman

April 11, 2025

Muscat 12:41 pm

35°C

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Analysis

Trump tariffs could disrupt Gulf’s IPO hot streak as markets sink

New US tariffs have roiled markets worldwide and initial public offerings should not be expected to escape unscathed.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Wright

US energy secretary to tour Gulf amid oil market pressure, Iran talks

US Energy Secretary Chris Wright is expected to meet with several Gulf leaders during his trip as the region grapples with lower oil prices after President Donald Trump imposed universal tariffs last week.

FAYEZ NURELDINE/AFP via Getty Images

Analysis

Despite green energy deal blitz, Middle Eastern climate efforts fell flat in 2024

This year saw significant progress in the Middle East and North Africa's renewable energy growth, but the transition from fossil fuels remains an elusive goal.

In Bristol, reporting on regional business, climate change, AI, tech

Delegates chat near a robot during the Future Investment Initiative (FII) forum at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh, on Oct. 30, 2019.

Analysis

Was 2024 a breakthrough year for the Middle East’s AI ambitions?

Gulf states doubled down on AI in 2024, pouring billions into tech infrastructure and US partnerships.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Analysis

From BRICS to dwindling oil revenues, 2024 was mixed year for Gulf

OMAR HAJ KADOUR/AFP via Getty Images

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Analysis

Syrian rebel offensive worries Gulf states as they rally around Assad

[2/7]Syria's President Bashar al-Assad meets with President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan at the Presidential Airport in Abu Dhabi, United Arab Emirates March 19, 2023. Abdulla Al Neyadi/UAE Presidential Court/WAM

Giorgio Cafiero

By Giorgio Cafiero

Analysis

Beyond congratulations, Trump faces changed, eastward-looking Gulf

US President Donald Trump (L) speaks with Saudi Arabia's Crown Prince Mohammed bin Salman (C) as Japanese Prime Minister Shinzo Abe (R), Indian Prime Minister Narendra Modi (2nd R) and Britain's Prime Minister Theresa May smile during a family photo session at the G20 Summit in Osaka on June 28, 2019. (Photo by KIM KYUNG-HOON / POOL / AFP) (Photo credit should read KIM KYUNG-HOON/AFP via Getty Images)

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

In Oman visit, Ukraine FM calls for food hub to boost Africa trade

ANATOLII STEPANOV/AFP via Getty Images

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Jennifer Gnana

Gulf Correspondent

In Dubai, reporting on Gulf energy policy and politics

Sebastian Castelier

In Dubai, reporting on regional business

Kate Dourian

In Dubai, reporting on energy

Karen Young

In Washington, DC, reporting on regional energy

HAITHAM AL-SHUKAIRI/AFP via Getty Images

Oman launches $5 billion 'Future Fund' in sign of economic progress

Oman’s economy is improving by some metrics as the Gulf state seeks to diversify.

BEDMINSTER, NEW JERSEY - JULY 28: Former U.S. President Donald Trump and Yasir al-Rumayyan, head of the sovereign wealth fund of Saudi Arabia, look on from the second tee during the pro-am prior to the LIV Golf Invitational - Bedminster at Trump National Golf Club Bedminster on July 28, 2022 in Bedminster, New Jersey. (Photo by Cliff Hawkins/Getty Images)

What does Donald Trump's latest $200 million deal with Saudi Arabia entail?

The former president, who is now the presumptive nominee for the Republican Party, has long had significant business ties to Saudi Arabia via his properties and the LIV Golf league.

David Cameron

UK’s Cameron heads to Oman to discuss Houthi attacks, Red Sea escalation

Ahead of the visit, the foreign minister told the Conservative Middle East Council that Britain is ready to bring forward the moment when it officially recognizes an independent Palestinian state.

Sultanate of Oman, Muscat, Qurum: the Oil and Gas Exhibition Center.

Oman's oil and gas sector drives 30% GDP growth in 2022

Oman’s hydrocarbon sector growth rate was 61.6% from 2021 to 2022, compared to non-hydrocarbon sector growth at 16.9% during the same period, according to the Central Bank of Oman (CBO) 2022 Annual Report.

An ad for hydrogen-powered cars.

Analysis

Oman sets sights on being Middle East leader in green hydrogen

The International Energy Agency said earlier this month that Oman is looking to significantly increase its domestic production of hydrogen from renewable electricity.

In Bristol, reporting on regional business, climate change, AI, tech

Omani Police

Oman seizes 6 million pills in Captagon bust with Saudi Arabia

A video shared by the Royal Oman Police shows agents unloading what appears to be white cardboard boxes filled with bags of Captagon tablets encased in moss-colored bricks.

Kuwait's Prime Minister Sheikh Ahmad Nawaf al-Ahmad al-Sabah (R) meeting with Iran's Foreign Minister Hossein Amir-Abdollahian (L), in Kuwait City

Iran's FM visits Kuwait, then UAE in latest Gulf charm offensive

Iran's Foreign Minister Hossein Amir-Abdollahian arrived in Oman on Tuesday to meet with Foreign Minister Sayyid Badr Albusaidi as part of his Gulf tour that began in Doha.

United Arab Emirates

Oman's Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi (R) meets with his Iranian counterpart Hossein Amir-Abdollahian in Muscat, on April, 25, 2023. (Photo by AFP) (Photo by -/AFP via Getty Images)

Iran’s FM visits Qatar, Oman as indirect talks with US see momentum

Qatar and Oman have maintained communications with Iran and Saudi Arabia, also playing a mediating role between Washington and Tehran.

Oman's Foreign Minister Sayyid Badr Albusaidi speaks during a press conference with his Iranian counterpart (unseen), Tehran, Iran, Nov. 19, 2022.

Interview

US, Syria exchange messages on journalist Austin Tice, Oman’s FM says

Omani Foreign Minister Sayyid Badr Albusaidi also discussed Syria's re-integration, prospects for normalization with Israel and talks to end Yemen's war in an interview with Al-Monitor.

Sayyid Badr Albusaidi

Sayyid Badr Albusaidi

Foreign Minister of Oman

Iranian Foreign Minister Hossein Amir-Abdollahian (R) welcomes his Omani counterpart Sayyid Badr al-Busaidi in Tehran on November 19, 2022. (Photo by ATTA KENARE / AFP) (Photo by ATTA KENARE/AFP via Getty Images)

Sultan of Oman to make first visit to Iran amid regional thaw

The visit comes amid Iran’s rapprochement with Saudi Arabia, and Oman's mediation between Egypt and Tehran.

Passengers are seen at Moscow's Domodedovo airport, the day S7 Airlines canceled all its international flights due to sanctions imposed on Russia over the country's invasion of Ukraine, March 5, 2022.

Russia to add Gulf countries to visa-free travel list

Russia stated that it was preparing visa-free travel agreements with a total of 17 countries, which include Saudi Arabia, Kuwait, Bahrain, Oman and Syria.

Oman's Minister of Oil and Gas Mohammed bin Hamad al-Rumhy.

Oman continues economic reforms by listing drilling company on stock exchange

Oman’s fiscal performance has improved in the last year, and the country wants to produce more alternative forms of energy, such as hydrogen.