LONDON: Iraq has weighed leaving the Organization of the Petroleum Exporting Countries if its oil production quota is not increased, sources told Reuters on Thursday, weeks after the exit of the United Arab Emirates. Since late 2016, OPEC has worked with Russia and other non-member countries to manage the oil market by setting output quotas. […]
The Sultanate of Oman participated in the joint ministerial meeting between the GCC countries and the US, held in Manama on Thursday The delegation of the Sultanate of Oman at the meeting was headed by Sayyid Badr bin Hamad al Busaidy, Foreign Minister. The meeting was chaired by Dr Abdullatif bin Rashid al Zayani, Minister […]
When Donald Trump signed the memorandum of understanding (MoU) in Versailles on June 17 after the G7 summit, it dominated the headlines around the world. This is no more than you’d expect. The 60-day ceasefire, which – despite a few wobbles – appears to be largely holding in both Iran and southern Lebanon, was a […]
Al Najd Agricultural City, currently in the early planning and development stages in Dhofar Governorate, will feature an urban centre designed for a population of 13,000 residents while creating an estimated 6,500 new jobs across the 5-square-kilometre development. The figures were revealed on Wednesday, June 24, 2026, by design consultants tasked by the Ministry of […]
MUSCAT, JUNE 25 The Sultanate of Oman, represented by the Ministry of Transport, Communications and Information Technology, on Thursday celebrated the Day of the Seafarer. The event was held under the auspices of Sayyid Ibrahim bin Said al Busaidy, Minister of Heritage and Tourism, and attended by HH Sayyid Dr Fahd bin Al Julanda al […]
Side ENGALURU: Oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, as improving supply conditions in the Middle East eased market concerns. Brent crude futures for August delivery declined $1.28, or 1.74 per cent, to $72.46 a barrel by 0845 GMT. US West Texas Intermediate crude fell […]
Muscat: The Royal Oman Police (ROP) has issued Decision No. 87/2026 amending certain provisions of the Executive Regulations of the Foreigners’ Residence Law, introducing updated rules for property-linked entry visas and residency permits for foreign buyers, property owners and eligible family members. Published in Official Gazette issue No. 1653, the decision allows a foreigner who […]
The Lowy Institute’s annual poll, released this week, carried two important signals for politicians and other policy makers about Australian multiculturalism. One was reassuring, the other an amber light. Nearly three in four (73%) say Australia’s “cultural diversity” has been positive. This indicates multiculturalism’s roots remain firmly in the ground, despite the winds blowing in […]
MUSCAT, JUNE 24 Construction work has commenced on Oman’s newest petrochemicals project at Sohar Port and Freezone — a $550 million venture focused on the production of Purified Terephthalic Acid (PTA) and Polyethylene Terephthalate (PET), essential raw materials for the global packaging industry. Sohar Petrochemicals (SOHARPET) is being established by MAK Germany GmbH, a Hamburg-based […]
SALALAH, JUNE 24 At Wadi Darbat, one of Dhofar’s most popular natural attractions, the early days of Khareef are carrying two stories at once: visitors returning for the season, and local residents watching the skies as the wadi waits for heavier rain. During a field visit, young Omani entrepreneurs were seen preparing boats, organising ticketing […]
