Construction begins on Muttrah Square waterfront landmark Business

Construction begins on Muttrah Square waterfront landmark

MUSCAT, JUNE 14 Muscat Municipality has begun construction work on the Muttrah Square project, an award-winning waterfront development designed to reshape the historic district’s urban identity and strengthen its appeal to visitors. The municipality announced the start of building work this week, describing the scheme as a qualitative addition to the capital’s urban landscape that […]

CBO launches online system for Sharia-compliant securities Finance

CBO launches online system for Sharia-compliant securities

Muscat-  The Central Bank of Oman (CBO) has launched an electronic system to provide Sharia-compliant liquidity management tools to licensed Islamic banking institutions in the Sultanate. The structures of these instruments and their related contracts were approved after review by the Supreme Sharia Supervisory Board of the Central Bank of Oman, in accordance with regulatory […]

Oman’s air traffic controllers lauded for managing increased flight movements National

Oman’s air traffic controllers lauded for managing increased flight movements

Muscat: Oman’s air traffic controllers have been praised by aviation industry leaders for their exceptional handling of increased flight movements during the early stages of the recent Middle East conflict, ensuring smooth operations despite a significant surge in air traffic. Kamil al Awadhi, Regional Vice President for Africa and the Middle East at the International […]

NASA’s Artemis 2 crew prepare for Pacific splashdown Technology

NASA’s Artemis 2 crew prepare for Pacific splashdown

The four astronauts of NASA’s Artemis 2 moon mission are preparing for their return to Earth, the US space agency said on Wednesday. After being woken by the song “Under Pressure” by Queen and David Bowie, the crew carried out further scientific tests and began stowing equipment, NASA said. Canadian Prime Minister Mark Carneyalso congratulated […]

IGC plans for long-term gas growth Business

IGC plans for long-term gas growth

MUSCAT, JUNE 14 Oman’s natural gas market is entering a more complex phase of structurally rising demand, even as supply growth remains comparatively constrained, according to Integrated Gas Company (IGC), which continues to play a central role in balancing allocations across power generation, industry, and strategic economic projects. Speaking on the evolving gas landscape, CEO […]

CBO unveils brand identity of Oman’s national payment card Finance

CBO unveils brand identity of Oman’s national payment card

The Central Bank of Oman (CBO) has revealed the brand identity of the national payment card, which will be called ‘Maal.’ Banks in the Sultanate of Oman are already working on the project, which, according to sources, will be launched in the coming months.  Maal will be a step toward achieving local self-sufficiency and continuing […]

Muttrah Teleferik Project reaches 90 percent completion National

Muttrah Teleferik Project reaches 90 percent completion

Muscat: The completion rate of Muttrah Teleferik project has reached 90 percent in accordance with the approved timeline. This progress paves the way for the commencement of trial operations this coming December, backed by continuous field monitoring to ensure the project’s readiness to the highest standards. The cable car initiative stands as a qualitative tourism […]

IGC plans for long-term gas growth Technology

Artemis II astronauts safely back on Earth

HOUSTON – The Artemis II capsule and its four-member crew ​streaked through Earth’s atmosphere and safely splashed down in the Pacific Ocean on Friday after nearly 10 ​days in space, capping the first voyage by humans to the vicinity of the moon in over half a century. NASA’s gumdrop-shaped Orion capsule, dubbed Integrity, parachuted gently […]

Investors invited to prequalify for RO membrane manufacturing project Business

Investors invited to prequalify for RO membrane manufacturing project

MUSCAT, JUNE 8 Nama Water Services has invited interested investors to pre-qualify to participate in a competitive process leading to the award of a mandate for the establishment of a high-value industrial project specialising in the manufacture of Reverse Osmosis (RO) membranes in the Sultanate of Oman. This initiative stems from the recommendations of the […]

IGC plans for long-term gas growth Finance

Oman sees explosive rise in instant payment solutions

Muscat: The Sultanate of Oman is experiencing an explosive rise, driven by mobile and instant payment solutions, which also underscores the need for robust cybersecurity and regulatory safeguards to maintain the integrity of its financial system. According to the Financial Stability Report 2025, the Mobile Payments Clearing and Switching System (MPCSS) experienced the strongest growth among all […]