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- Dubai: Gold price jumps over Dh8 per gram to record high
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09/01/2026 03:40 AST
In a groundbreaking move for the region, Oman has launched the first operational drone delivery service in the Middle East's oil and gas sector. The initiative, led by Omani drone technology company ESBAAR in collaboration with Sinan Advanced Industries and Masar Petroleum, marks a major step forward in digital transformation and logistics innovation.
The inaugural flight of the drone "Alfak 10" transported emergency equipment and spare parts from Wilayat Haima to concession area No. 7, covering a distance of 137 kilometers in just 1 hour and 23 minutes. This operation saved over four hours compared to traditional land transport, which would have required nighttime driving.
This national project reflects Oman's commitment to enhancing efficiency, supporting local manufacturing, and training Omani talent in advanced technologies aligned with Oman Vision 2040. The use of drones in energy logistics not only improves response times but also reinforces the country's leadership in adopting smart solutions for critical industries.
The successful launch of this service signals a new era for aerial logistics in the region, with Oman pioneering the integration of unmanned systems into its energy infrastructure.
Times of Oman
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19/01/2026
Saudi Arabia said it secured more than SR100 billion ($26.6 billion) in agreements and memorandums of understanding at the fifth edition of the Future Minerals Forum, underscoring the Kingdom's push
Arab News
19/01/2026
Assets held by public investment funds in Saudi Arabia rose 36 percent from a year earlier to about SR217.9 billion ($58.1 billion) by the end of the third quarter of 2025, driven by strong growth in
Arab News
19/01/2026
Oman's economy expanded 2 percent in the third quarter of 2025, supported by steady growth in non-oil activities, while bank lending continued to rise faster than deposits, underscoring improving dom
Arab News
19/01/2026
Saudi Arabia's sovereign credit rating was affirmed at A+ with a stable outlook by Fitch Ratings, reflecting the Kingdom's strong fiscal and external balance sheets.
In its latest report,
Arab News
16/01/2026
Saudi Arabia's annual inflation rate rose to 2.1 percent in December, up from 1.9 percent a month earlier, as housing rents continued to drive price gains, official data showed.
According t
Arab News
Financial Information Co.
Saudi Arabia